Missing Gulf Oil: One Third Undetected Despite Dark Crossings Data

Clandestine oil shipments sailing without transponder signals through the Strait of Hormuz have helped ease a global crude shortage, yet persistent uncertainty over exact export volumes has driven international oil prices higher, according to market data analyzed by Reuters. Crude Flows and the ‘Dark Crossing’ Phenomenon Tankers carrying Middle Eastern crude have increasingly relied on … Read more

Oil Prices Fall as OPEC and IEA Cut 2026 Demand Forecasts

Global crude benchmarks dipped in Asian trading, weighed down by sharply lower 2026 demand projections from major energy agencies and a surprise surge in domestic US stockpiles, according to market data released this week. Brent Crude fell 0.5% to trade below $89 per barrel at $88.56, easing from an intraday high above $89, while West … Read more