Oil - Melbournelegal

US Military Strikes Against Iran Contribute to Rising Oil Prices

Increased tensions in the Middle East, following US military actions, have led to a nearly 1% rise in oil prices amid ongoing supply concerns.

Editorial Staff 2 days ago

Energy Oil & Gas

Oil Loading Operations at Mina al Fahal Terminal in Oman Suspended After Explosion

Following an explosion at the Mina al Fahal terminal in Oman, oil loading operations have been suspended, according to reports. The situation remains under assessment.

Editorial Staff Updated 7 days ago

Energy Oil & Gas

Occidental Petroleum Abandons New Oil Hedges Amid Iranian Conflict

In light of increasing price volatility linked to the ongoing conflict in Iran, Occidental Petroleum has opted to discontinue its new oil hedging strategy.

Editorial Staff 13 days ago

Energy Oil & Gas

Norway Steps Up Oil and Gas Production to Address European Energy Demands

In response to Europe's pressing energy supply challenges, Norway is set to increase its oil and gas production, highlighting the region's reliance on Norwegian resources.

Editorial Staff 19 days ago

#Oil

US Military Strikes Against Iran Contribute to Rising Oil Prices

Oil Loading Operations at Mina al Fahal Terminal in Oman Suspended After Explosion

Occidental Petroleum Abandons New Oil Hedges Amid Iranian Conflict

Norway Steps Up Oil and Gas Production to Address European Energy Demands