Global oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US oil exports and a significant drop in Chinese demand are helping to absorb the shock. Strategic reserves have been released and alternative routes are being used.

The artificial manipulation of oil prices will cease sooner rather than later, and the impact on the global oil market will be massive.

Global oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US oil exports and a significant drop in…

Oil prices remain below $100 despite the Strait of Hormuz closure. New all-time high by September 30 at 18% YES.

Global inventories are drawing down at a record pace, leaving the market increasingly vulnerable to fresh disruptions.

Global oil inventories are running dangerously low as a deal to re-open tanker traffic through the Strait of Hormuz has proven elusive, and industry executives and analysts warn…

When the Strait of Hormuz tightened, many braced for $200-a-barrel oil. More than three months on, that nightmare scenario is still nowhere in the picture.

Estreito de Ormuz está fechado há mais de três meses, e cotação do barril contrariou as previsões mais pessimistas. Mas analistas discutem até quando isso vai durar

Oil prices are likely to rise further as the Strait of Hormuz remains closed, and once it opens, the market will take months to normalize.

One of the biggest mysteries of the global economy is why the oil market has remained so calm during one of the greatest supply shocks in history.

Oil prices may average at around $87 per barrel in 2026 as the reopening of Strait of Hormuz in the coming months would ease crude supplies globally, says Fitch Ratings. Global…