IEA warns global oil refining system ‘stretched to the limit’ as Iran, Ukraine wars tighten market

The energy agency warned shrinking inventories and strained refineries could further tighten markets.
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IEA cuts 2026 oil demand forecast by 1.6M barrels/day amid Middle East disruptions

IEA cuts 2026 oil demand forecast by 1.6M barrels/day. New all-time high for crude oil by December 31 at 13.5% YES.
Xinhua

IEA cuts 2026 global oil demand forecast as Middle East tensions disrupt flows

PARIS, Sept. 11 (Xinhua) -- The International Energy Agency (IEA) on Friday cut its forecast for global oil demand in 2026, citing the prolonged impasse in U.S.-Iran negotiations, which has pushed ...

Refining bottlenecks are emerging as the next big oil problem as Middle East skirmishes flare up

American drivers just paid the highest Labor Day gasoline prices ever. Dwindling global refinery capacity is threatening to ...

Oil Rises Amid Escalation in U.S.-Iran Conflict

Oil rose in early Asian trade amid an escalation in the U.S.-Iran conflict that could increase supply disruptions in the Middle East.

Global oil hits $105 per barrel and bond yields surge

Oil prices rose Thursday, with Brent crude hitting $105 per barrel for the first time since May, as traders brace for a more prolonged supply shock caused by the Iran war. Oil prices have ...

Oil surges above $100 a barrel as US and Iran launch new attacks, while gasoline prices also jump

Oil prices have shot past $100 a barrel as fighting between the U.S. and Iran escalates, threatening to increase costs for consumers and businesses worldwide ...

US stocks fall as war escalation, oil spike continues

U.S. stocks extended their recent decline as the war in the Middle East continued to escalate and to drive up oil prices.