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US fund and Indonesian oil group to make offer for Sicilian refinery ISAB, newspaper reports
A large U.S. fund specialised in energy and infrastructure is set to make an offer for the ISAB refinery in Sicily, with the backing of an Indonesian oil group, Italian financial newspaper MF reported on Thursday, without naming the fund.
Druzhba oil flow to Slovakia resumed early on Thursday, Slovak ministry says
Slovakia started receiving crude oil through the Druzhba pipeline early on Thursday, the country's Economy Ministry said, confirming the end of a months-long outage after what Ukraine said was a Russian strike on the pipeline.
European stocks to open in negative territory as oil prices gain
European stocks are expected to open in negative territory on Thursday as regional market sentiment declines.
Oil Price Forecast: Strait of Hormuz Risks Fuel the Next Upside Move
Oil prices remain supported by supply risks around the Strait of Hormuz, strong U.S. exports, falling fuel inventories, and bullish technical setups in both Brent and WTI.
Oil prices edge lower with no progress on US-Iran talks, Hormuz shipping still disrupted
Oil prices were marginally lower on Thursday after big gains in the previous session amid the stalled peace talks between Iran and the United States, and as both nations maintained restrictions on the flow of trade through the Strait of Hormuz.
Oil Edges Lower Amid Rise in U.S. Inventories, Hopes of U.S.-Iran Talks
Oil edges lower in early trade. EIA data showed commercial crude oil stocks excluding the Strategic Petroleum Reserve increased by 1.9 million barrels in the week ended April 17.
Exclusive: US intercepts three Iranian oil tankers in Asian waters, sources say
The U.S. military has intercepted at least three Iranian-flagged tankers in Asian waters and is redirecting them away from their positions near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday.
Kremlin says Druzhba oil supplies details are being discussed at a corporate level, RIA reports
Kremlin spokesman Dmitry Peskov said on Wednesday that technical details of oil supplies via the Druzhba pipeline are being discussed at a corporate level, Russian state news agency RIA Novosti reported.
EU rethinks opposition to Arctic oil and gas drilling, FT reports
The European Union is considering dropping its opposition to new oil and gas drilling in the Arctic, the Financial Times reported on Wednesday.
U.S. Crude Oil Stockpiles Rise Amid Increase in Imports
Commercial crude oil stocks excluding the Strategic Petroleum Reserve increased by 1.9 million barrels to 465.7 million barrels in the week ended April 17, and were about 3% above the five-year average for the time of year, the EIA said.
Will a Ceasefire Extension Provide Relief to Wall Street ETFs?
Ceasefire extension lifts sentiment, but uncertainty lingers. Key ETFs react to oil moves, AI optimism and momentum trends amid fragile geopolitics.
Traders place $430 million bet on lower oil price before Trump ceasefire extension
Traders placed a series of bets worth $430 million on a drop in crude prices just 15 minutes before U.S. President Donald Trump said he would extend a ceasefire with Iran on Tuesday.
