Posts Tagged ‘global oil production’
Gold and Oil News - March 8, 2026 14:24
Iran Didnt Need A Navy To Close Hormuz And Block Oil Exports
Iran’s been threatening to close the Strait of Hormuz for decades and everyone always said yeah but they never actually will, because their own exports go through it.. well turns out they didnt need to formally close it at all. A few drone strikes on tankers near the strait, a radio broadcast from the IRGC […]
Iran Talks Go Nowhere and Oil Price Shrugs
Oil prices had one of those weeks where they looked like they wanted to go somewhere then just.. didnt. Brent crude price finished around $68 a barrel down from nearly $70 the week before, the whole Iran situation has markets uncertain. Trump said the talks were going well Tehran called it a step forward, but […]
Oil Prices Fly Whilst Stocks Say “Whatever”
As you most likely know there was a little bit of an incident in Saudi Arabia at the weekend. Something about an Oil refinery being attacked and set ablaze, and the worlds Oil supply being disrupted. There’s currently lots of finger pointing happening from all sides on who is to blame for these attacks, but […]
Crude Oil Jumps above $124 on escalating Libyan Conflict
Crude oil futures contract reached its highest in last 32 months on Friday’s overnight trading session. Investors feared long-term oil supply cut from Libya on the latest update of country’s conflict. It seems that oil fields are being targeted in result of military strikes in Libya. Experts foresee more chances of losing crude oil for […]
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