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U.S. Crude Inventories Dive By 4.210 Million Barrels, API Reports

The American Petroleum Institute reports a significant drawdown in U.S. crude inventories, while product inventories, including gasoline and distillate, see a build, amidst fluctuating oil prices. ....

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OPEC+ On Alert As World Bank Slashes China's Growth Forecasts

The UAE Minister of Energy expresses concerns about long-term undersupply of cru ....

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U.S. To Lose 2.5M BPD In Refining Capacity This Maintenance Season

Fall refinery maintenance in the United States will see almost 2.5 million barrels per day of capacity taken offline. ....

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BRICS Nations Surge Ahead In Nuclear Energy Commitment

China is leading the global commitment to nuclear power, with several countries, including BRICS members, also making significant investments in new reactors. ....

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U.S. Takes Aim At Iran's Drone-Part Procurement Network

The U.S. imposed sanctions on entities across Iran, Hong Kong, Turkey, and the U.A.E. for aiding Iran s drone program, which supplies UAVs to Russia for use against Ukraine. ....

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