Oil

Oil price climbs as US strikes Iran push Brent to $78.50 amid Strait of Hormuz worries Tensions between the United States and Iran have driven the oil price higher, with …

Kuwait attacks strike three northern border posts and offshore oil platform, injuring one worker Kuwait reports attacks on three northern border posts and an offshore oil platform, causing material damage …

German Building Modernization Law Preserves Gas and Oil Installations, Stirs Debate Bundestag passes building modernization law keeping gas and oil installations allowed, raising questions over 2045 targets and costs for …

UAE oil production hits record 4.1 million bpd in June as Abu Dhabi exits Opec UAE oil production hit a record 4.1 million barrels per day in June after Abu …

German heating law cleared by Bundestag lets new gas and oil boilers, sets phased biomethane targets Bundestag approves German heating law allowing gas and oil boilers, sets biomethane quotas and …

IEA Says Global Oil Demand to Fall by About One Million Barrels a Day in 2026 IEA warns global oil demand will fall by about 1 million barrels a day …

Russia Says 376 Ukrainian Drones Intercepted During Overnight Attacks Russia says 376 Ukrainian drones were intercepted overnight, causing fires at oil sites in the south and near Moscow; officials report …

OPEC+ Confirms August Oil Production Increase of 188,000 Barrels a Day OPEC+ will raise oil production in August by 188,000 barrels per day, the cartel said, signaling a cautious expansion …

Dax record: German benchmark climbs to 25,517 points as markets rally on US jobs slowdown and falling oil Dax record at 25,517 points as German benchmark jumps 1.9% after US …