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WTI crude oil broke through $105 per barrel, up 2.49% on the day.

2026-05-21

WTI crude oil broke through $105 per barrel, up 2.49% on the day.

Other News
2026-05-21

Abu Dhabi National Oil Company (ADNOC): With oil demand expected to remain above 100 million barrels per day, the UAE has an opportunity to offer low-cost, low-carbon energy in new markets after exiting OPEC.

Abu Dhabi National Oil Company (ADNOC): With oil demand expected to remain above 100 million barrels per day, the UAE has an opportunity to offer low-cost, low-carbon energy in new markets after exiting OPEC.
2026-05-21

Analysts point out that Saudi Arabia has been forced to shut down some oil fields due to disruptions in oil exports caused by the war with Iran, which has led to a disruption in natural gas supply. It is expected that Saudi Arabia will burn more impo

Analysts point out that Saudi Arabia has been forced to shut down some oil fields due to disruptions in oil exports caused by the war with Iran, which has led to a disruption in natural gas supply. It is expected that Saudi Arabia will burn more imported fuel oil for power generation this summer.
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