Topic
global-supply
3 stories related to this topic, newest first.
deccanchronicle.comfinance38 days ago
U.S. Crude Oil Exports Hit Record High
U.S. crude oil exports reached a record 5.2 million barrels per day in April as tankers rerouted to Gulf Coast ports due to Iran's blockade of the Strait of Hormuz. The Port of Corpus Christi handled increased traffic, while global supply disruptions pushed oil prices higher. Ukr…
TA
IE
Substrate placeholder — needs reviewworld54 days ago
U.S. Allows Russian Oil Waiver to Expire Amid Hormuz Crisis
The U.S. government is permitting a waiver on Russian oil to expire, coinciding with supply disruptions from the Hormuz crisis. This development removes a mechanism that had maintained Russian crude oil flows at stable prices for affected countries. The change impacts nations alr…
MA
Substrate placeholder — needs reviewfinance64 days ago
EIA Revises Upward 2026 Oil Price Forecasts While Lowering Global Supply Projections
The U.S. Energy Information Administration has increased its average price forecasts for West Texas Intermediate and Brent crude in 2026 compared to prior estimates. Global oil output projections for 2026 have been reduced, with demand forecasts slightly lowered. These revisions…
FI