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U.S.-India Trade Deal Puts Oil and Russian Crude at the Core
02 Feb 2026 23:05 GMT
… for Russian and Iranian barrels. The remark suggested potential … U.S. sanctions, with oil exports governed by limited … is notable. India’s crude imports are running near … record as refiners respond to strong domestic demand and export fuel, according …
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News from the Oil Patch: Tankers and prices, adrift
02 Feb 2026 22:11 GMT
… strategic crude-oil stockpiles. Inventories, and profits, rise at the Strategic Petroleum Reserves … demand for each lagging behind last year at this time. Fuel stockpiles … more than one billion barrels of sanctioned crude oil already at sea without …
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Trump says Mexico will stop sending oil to energy-starved Cuba
02 Feb 2026 23:47 GMT
… is gonna cease sending them oil,” Trump told reporters in … the single-largest supplier of oil to Cuba, which regularly … heavily on fuel imports of refined products to meet its demand for electricity … reviewing whether to keep sending oil to Cuba, as it …
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Dual-Fuel Fleet Surges to 400 Ships as Alternative-Fuel Investment Defies Market Slowdown
03 Feb 2026 00:02 GMT
… supply chains and customer demand.”
Within the container orderbook … Alternative Fuels Insight platform recorded 20 new alternative-fuel … . Bulk carriers, crude tankers, and oil and chemical tankers … regulations that incentivize alternative fuels, create a level …
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Venezuela's Huge Debt Threatens Oil Industry Recovery Effort
02 Feb 2026 22:33 GMT
… and 2040 to restore crude oil production to the early … million barrels per day. Energy Intelligence estimates Venezuelan oil output … easing some sanctions so that refiners, traders and shippers can … by Caracas and may demand guarantees from customers or …
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Oil Falls 5%, ULSD Tumbles 14% on De-Risking Over Iran
02 Feb 2026 21:19 GMT
Iran produces 3.2 million barrels per day (bpd) … the world's oil shipments, making Trump… in the greenback, including crude. Diminished supply risks and … inventory overhang as seasonal refinery maintenance limits demand. Global manufacturing surveys …
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Karim: Oil outlook remains uncertain
02 Feb 2026 21:16 GMT
… uncertainty surrounding the global oil markets, driven primarily … uncertainties have significantly impacted oil prices, causing volatile … oil transport.
Beyond geopolitical issues, Karim also identified global demand … ;s crude output by 225,000 barrels per day …
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Futures File: Tensions boil to disrupt oil
02 Feb 2026 21:54 GMT
Crude oil prices exceeded $65.90 by … one-third of the global oil supply comes from the Middle … as a critical chokepoint for oil shipments, which Iran has threatened … created some additional demand for home heating oil adding fuel to the petro …
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EIA Forecast: Power Demand to Climb Through 2027
02 Feb 2026 22:54 GMT
… Short-Term Energy Outlook, electricity demand is set to grow through … consumers even as usage rises. Crude oil prices are projected to fall … 2027 as domestic and export demand tighten supply.
Meanwhile, energy-related … sector in check despite rising demand.
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Qatar: AI surge fuels global gas demand
02 Feb 2026 21:27 GMT
Minister of State for Energy Affairs His Excellency Saad Sherida al-Kaabi addresses a plenary session at the 21st International Conference and Exhibition on Liquefied Natural Gas (LNG2026)
Picture: Noushad Thekkayil
A higher than anticipated power …