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oil prices
Latest news regarding oil prices.
Indian vegetable oil inventories reached 2.1 million tonnes, their highest level in 15 months.
According to the SEA Association, India's vegetable oil reserves are projected to reach 2.1 million tonnes by April 2026, driven by a 32% increase in imports while consumption declines due to the depreciating Rupee and high selling prices.
Market
Three months of Middle East conflict: World oil exports fall by 71 million tons, shipping rates soar.
The Strait of Hormuz is almost paralyzed, significantly disrupting the flow of renewable energy. Middle Eastern oil exports have fallen by 50%, while transportation costs remain at record levels.
Conflicts in the Middle East caused global crude oil exports to fall by 8% in the past three months.
The disruption in the Strait of Hormuz has reshaped the world's energy flows, causing oil exports from the Middle East to fall by nearly 50% while shipping costs remain at record highs.
Oil prices cooled, and Asian stocks rose amid hopes of a US-Iran trade deal.
On the afternoon of May 25th, Asian stock markets uniformly rose, while world crude oil prices fell sharply by about 5% amid optimistic signals about an agreement between the US and...
The IEA warns that the oil market will enter "red zone" from July 2026.
The International Energy Agency (IEA) forecasts that the global oil market faces a serious shortage risk in the third quarter of 2026 as strategic reserves gradually run out.
OPEC+ plans to increase production quotas by 188,000 barrels per day in July 2026.
The seven core OPEC+ nations are likely to agree on raising their production targets for the fourth consecutive month, despite supply disruptions in the Gulf region.
OPEC+ plans to increase oil production quotas by 188,000 barrels per day starting in July 2026.
Seven OPEC+ member countries are expected to raise their oil production targets for the fourth consecutive month, despite the risk of supply disruptions in the Middle East and the UAE's departure from the group.
China's oil refining output hit a four-year low of 13.3 million barrels per day.
May 21, 2026 06:59
Oil refining activity in China in April 2026 fell 5.8% to its lowest level since 2022 due to negative profit margins and weakening domestic demand.
China's refined crude oil output hit its lowest level in nearly four years.
May 21, 2026 06:58
Oil refining activity in China declined in April 2026 due to negative profit margins. Production reached 13.3 million barrels per day, the lowest level since August 2022.
World oil prices today, May 14th: WTI oil surpasses $101, Brent oil maintains the $106 mark.
May 17, 2026 05:03
At the close of trading on May 13th, world crude oil prices continued their upward trend, with WTI reaching $101.58 per barrel. Meanwhile, natural gas prices increased by 0.81%, while RBOB gasoline prices decreased slightly.
US 30-year Treasury yields hit 5.12% amid a global sell-off.
May 16, 2026 16:01
Global bond markets experienced significant volatility as yields in the UK and Japan hit record highs. Oil prices surged to $109 per barrel, raising the likelihood of a Fed interest rate hike to 50%.
Russia's crude oil production is expected to plummet by 460,000 barrels per day in April 2026.
May 14, 2026 18:02
A report from the International Energy Agency (IEA) shows that Russia's crude oil production has fallen to 8.8 million barrels per day, but crude oil exports have recorded an increase.
The IEA forecasts a global oil market deficit of 1.78 million barrels per day in 2026.
May 14, 2026 09:29
The International Energy Agency (IEA) warns that global oil supplies will face a severe shortage in 2026 due to conflicts in the Middle East disrupting production and transportation...
Iran demands that the US accept its 14-point peace proposal, which Washington immediately rejected.
May 13, 2026 08:47
On May 13, according to AFP, Iranian officials stated that Washington must accept Tehran's 14-point peace proposal or face defeat. However, US President Donald...
Trump rejects Iran's peace terms, Tehran warns of new attacks.
May 11, 2026 08:18
Hopes for a diplomatic way out of the Middle East conflict have just faced a major setback as US President Donald Trump flatly rejected proposals from Tehran. This move immediately...
Bloomberg: Global oil reserves are depleting at a record rate.
May 10, 2026 16:12
According to the latest report, global oil reserves are shrinking at a record rate due to ongoing conflicts in the Middle East. This situation not only directly threatens...
US fires on oil tanker, talks with Iran risk collapse.
May 9, 2026 17:44
The prospects for extending the ceasefire and moving toward peace negotiations between the US and Iran are becoming more tenuous than ever. The incident involving US fighter jets damaging two Iranian oil tankers...
Feed raw material prices increased in February 2026 due to demand from China.
May 8, 2026 19:01
The global animal feed market saw growth in February 2026 as China increased imports and India officially lifted its wheat export ban.
Circular agriculture – An effective solution amidst soaring input prices.
May 8, 2026 12:51
In the context of rising prices of agricultural supplies and animal feed, circular agriculture is proving to be an effective solution to reduce input costs and improve economic efficiency.
Global oil supply is tightening, with inventories projected to fall to a level equivalent to 98 days of consumption.
May 8, 2026 08:00
Goldman Sachs warns that global oil inventories could fall sharply by the end of May 2026, while the Asian region recorded its lowest import levels since 2015.
Goldman Sachs: Global oil inventories plummet, hitting an 8-year low.
May 5, 2026 12:00
Goldman Sachs warns that global oil reserves could fall to just 98 days' worth of consumption by May 2026 amid escalating tensions in the Strait of Hormuz.
Global oil inventories are near an eight-year low, and Goldman Sachs warns of supply risks.
May 5, 2026 11:31
Goldman Sachs forecasts that global oil inventories, equivalent to 101 days of consumption, will fall to 98 days by 2026 amid escalating geopolitical tensions.
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