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Home > Latest

Lates News

date
08/04/2026
US EIA short-term outlook for April predicts US crude oil production will be 13.51 million barrels per day, down from the previous value of 13.61 million barrels per day.
Latest
5 m ago
The main port of Bahrain will temporarily cease operations starting early Wednesday morning.
6 m ago
The U.S. Energy Information Administration (EIA) said on Tuesday that oil prices may continue to rise in the coming months even if the Strait of Hormuz reopens. The agency currently forecasts an average spot price of $96 per barrel for Brent crude oil this year, higher than the previous forecast of $78.84, and retail gasoline and diesel prices are expected to continue to rise. The EIA stated that even if the war ends and oil transportation through the Strait of Hormuz fully resumes, it will take several months for oil prices to remain high until oil transportation fully recovers and Middle Eastern oil-producing countries return to normal production levels. The EIA said, "Just as we have never seen the strait closed before, we have also never seen it reopen. What it will look like remains to be seen, and we will maintain a risk premium on oil prices throughout the forecast period because we expect the uncertainty of future supply disruptions to keep prices above pre-conflict levels."
6 m ago
The Israeli military issues a warning demanding ships in the southern waters of Lebanon to evacuate north.
17 m ago
Anthropic introduces powerful new AI model Mythos in the preview version of the brand new cybersecurity project.
19 m ago
Brazilian government data shows that Brazil's sugar exports in March were 1.81 million tons, compared to 1.83 million tons during the same period last year. In March, Brazil's pulp exports were 1.702884 million tons, compared to 2.106979 million tons last year. Brazil's poultry exports in March were 0.468706 million tons, compared to 0.438408 million tons last year. Brazil's beef exports in March were 233,951 tons, compared to 215,249 tons last year. Brazil's iron ore exports in March were 27.93 million tons, compared to 28 million tons last year. Brazil's crude oil exports in March were 10.13 million tons, compared to 5.76 million tons last year.
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