Market-moving news and intelligence across global energy markets.
Oil prices surge nearly 2% as renewed US military strikes on an Iranian island in the Strait of Hormuz spark retaliation, extending a six-month conflict.
The Iran war has significantly eroded OPEC+'s market influence, with China's reduced crude imports now a dominant factor balancing global oil markets.
The IEA has drastically revised its 2026 oil market outlook, forecasting a demand contraction due to the Iran War and Strait of Hormuz closure, impacting g
Brent crude nears $94 as US-Iran Strait of Hormuz standoff persists, injecting significant geopolitical risk into global oil markets ahead of new US sancti
Iraq aims to double crude oil production to 8-10 million bpd within six years, pushing OPEC for a higher quota amid global supply shifts and regional tensi
Global oil markets face tension as geopolitical risks push prices up, while weaker demand and rising inventories exert downward pressure, defining market v
OPEC and IEA issue vastly different 2026 oil demand forecasts, with a 2.2 million b/d gap, signaling deep market uncertainty driven by Middle East disrupti
The IEA significantly lowers its 2026 global oil demand forecast, citing the Strait of Hormuz closure and high fuel prices, while OPEC maintains a growth o
Global oil prices declined as the IEA projected a 1.6 mb/d demand contraction for 2026, sharply contrasting OPEC's revised 0.6 mb/d growth forecast, driven
Install Asian Oil
Add to your home screen for quick access to live market prices and daily briefings.
We use cookies to improve your experience, analyse site traffic, and personalise content. You can accept all, reject non-essential cookies, or customise your preferences. Read our Privacy Policy and Cookie Policy.
Strictly Necessary
Required for the site to function. Cannot be disabled.
Analytics
Google Analytics, Microsoft Clarity, and Hotjar to understand usage.
Functional
Theme preference, accessibility settings, and PWA install prompt.
