There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...
Silver has overtaken oil for the first time in 45 years, with one ounce now buying more than a barrel of crude.
Brent oil dropped below $60 a barrel for the first time since May, breaching a key level as supply outpaces demand and is on ...
The rise of oil on water comes from multiple sources. There has been a 16% year-over-year jump in barrels from mainstream producers, Vortexa data shows. OPEC+ has been pumping more oil as it unwinds ...
Oil prices rallied by more than 1% on Wednesday after U.S. President Donald Trump ordered a blockade of all oil tankers under ...
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A 1B-barrel oil glut is building at sea

Oil is piling up on the water at a scale the industry has never seen, with close to a billion barrels now sitting in tankers ...
While Opec has reined in its growth plans, and supply fell last month because of sanctions on Russia and Venezuela, the IEA still expects a surplus of 3.7mn b/d of oil on average in 2026, an even ...
Global oil prices fell to their lowest level in more than four years on Tuesday, as persistent concerns about oversupply ...
The EIA revealed on Sunday that Iraq’s weekly oil exports to the United States significantly increased during the last week.
Oil prices slumped below $60 a barrel this week as investors try to make sense of U.S. President Donald Trump’s push to end ...
The price of Indonesian crude oil (ICP) has weakened by US$0.80 per barrel compared to October 2025, which was at the level ...