The U.S. Energy Information Administration (EIA) has revised its Brent oil price forecast for 2025 and 2026, signaling a more cautious outlook amid fluctuating global demand and production challenges. This adjustment reflects ongoing volatility in the energy market.
Spain’s Oil Imports from Venezuela Surge 60% Ahead of U.S. Sanctions Amid Shifting Global Energy Dynamics In a notable shift…
The U.S. is intensifying its efforts to curb Iran’s oil revenue by targeting China’s “teapot” refiners, which play a pivotal role in processing Iranian crude. This move aims to disrupt the flow of funds to Tehran amid ongoing sanctions.
Indian refiners are increasingly sourcing oil from Latin America and Africa to compensate for the loss of Russian crude, as geopolitical tensions reshape global supply chains. February data highlights a strategic pivot amid shifting market dynamics.
