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Business
China Eases Fuel Export Curbs as Global Supply Crunch Deepens

DeepensChina has partially lifted fuel export restrictions imposed earlier this year, allowing...

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August 5, 2026

Business
Africa’s top oil producer unlocks $3 billion and frees more crude for export with $4.5 billion state oil company refinancing

  The National Economic Council (NEC) approved the refinancing of the company’s Project Gazelle...

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August 5, 2026

Business
Tanker Traffic Remains Subdued Despite Trump’s Talk of Peace

Tanker crossings in the Strait of Hormuz and Bab el-Mandeb remained subdued at the start of this...

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August 4, 2026

Business
Georgia’s Kulevi Refinery Replaces Russian Crude With Kazakh, Libyan Oil

Georgia’s only oil refinery has begun replacing Russian crude with supplies from Kazakhstan and...

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August 4, 2026

Business
Trump Orders Oil Companies to Cut Gas Prices, Targets Chevron CEO

President Donald Trump demanded that US oil companies immediately lower gasoline prices on Monday...

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August 4, 2026

Business
Kuwait Oil Production Surges as OPEC+ Completes Output Cut Reversal

Kuwait produced 1971 million barrels of crude oil daily in July, Reuters has reported, citing...

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August 3, 2026

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