oil supply

Tehran: Iran has suddenly brought back restrictions on the Strait of Hormuz, saying control of the important waterway has returned to how it was before.  This decision stops or greatly …

Tehran: Iran has suddenly brought back restrictions on the Strait of Hormuz, saying control of the important waterway has returned to how it was before.  This decision stops or greatly …

Global oil markets took a hit on Friday as prices dropped almost 10 percent in one day. This sharp fall followed the dramatic reopening of the Strait of Hormuz, a …

Abuja: The Organisation of Petroleum Exporting Countries (OPEC) says its research estimates a huge oil market deficit of 23 million barrels per day (bpd) by 2030, if investment in the …