News

Middle East oil giants bring their billions in search of LNG riches
While still overshadowed by oil in terms of its importance in the global energy system, LNG is seeing faster growth and more ...
Demand for Oil Loading Outside Persian Gulf Soars on War Risk
Middle Eastern oil that loads outside the Persian Gulf and at least one Malaysian grade are suddenly more popular with Asian ...
Middle East conflict slows tanker bookings, lifts rates
The costs of chartering tankers to move oil from the Middle East to Asia have climbed and ship bookings have slowed as the ...
Oil Tankers Collide Near U.A.E. as Israel-Iran War Disrupts Shipping
Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...
CIBC Private Wealth's Rebecca Babin on Middle East unrest and the oil market
Rebecca Babin, senior energy trader at CIBC Private Wealth, joins ‘Squawk Box’ to discuss the oil market amid Middle East ...
Conflict in Middle East Shadows Oil Industry Gathering in Malaysia
KUALA LUMPUR (Reuters) -Global energy executives gathered in the Malaysian capital on Monday for an industry conference with ...
Oil Falls Back as Iran Seeks De-escalation
Crude oil futures finished down 1.7% to $71.77 a barrel, with oil under pressure as the latest source of turmoil in the Middle East may meet a quick conclusion.
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Middle East War: Trouble for Iran as US Raises Alarm Over Missile Attack on Its Embassy in Tel Aviv
Iranian missiles damaged the US embassy in Tel Aviv, escalating tensions. Israel retaliated with strikes on Iran's energy ...