Goldman Sachs stated that oil price risks remain tilted significantly to the upside near-term. Under a severe Middle East disruption scenario, Brent could exceed $120 per barrel, driven by shipping a…
An Iranian lawmaker declared the Nuclear Non-Proliferation Treaty non-binding amid ongoing US strikes. While no formal withdrawal has been filed, geopolitical tensions pushed Brent above $109, while …
Escalating attacks on Middle East shipping corridors and crude shut-ins sparked severe supply shortage concerns, pushing oil benchmarks toward an 8% weekly gain. The IEA forecast a steep global suppl…
Baker Hughes reported the total US rig count rose by three to 591, with oil rigs up by one to 450 and Permian Basin activity flat at 268. WTI crude surged $8.57 over the week to settle at $100.05 per…
Dow Jones futures remain pressured as surging Treasury yields and $100 crude oil weigh on equity markets ahead of expected Fed rate hikes. Despite the broader market weakness following a tough week, …
Saudi Arabia has shut down key oil pipelines bypassing the Strait of Hormuz following attacks, constraining export alternatives amid escalating regional hostilities. Heightened geopolitical risks and…
US equity indexes rallied despite hotter-than-expected core CPI and climbing Treasury yields. Crude oil tumbled over 2% as diplomatic talks between Gulf nations and Iran raised prospects of easing Mi…
Crude oil hovers near $100 as US-Iran conflict disrupts Strait of Hormuz flows, cutting transit drastically. Matrix Energy's Daniel Dicker urges investors to remain long on crude and energy stocks, c…
Oil prices dropped over 2% as diplomatic efforts eased Strait of Hormuz supply concerns. Gold also slipped, while the US dollar rose 0.2% against the Canadian dollar to 1.3864, even as Canadian house…
US equity indexes dropped as 10-year Treasury yields surged near 5% on hot inflation data and escalating Fed rate hike expectations. Geopolitical conflict involving Iran and Houthi threats in the Bab…
The IEA slashed its 2026 global oil demand outlook by 2.5 million bpd while warning supply will plunge by 5.7 million bpd amid US-Iran tensions. With over 10 million bpd in Gulf output shut in, crude…
Escalating clashes between Houthi rebels and Saudi Arabia threaten key oil-producing areas. Saudi leaders face tough choices over retaliation, stoking supply disruption concerns across global energy …
Hotter US core CPI lifted FOMC rate hike odds to 88%, boosting the dollar against the euro. USD/JPY slipped as markets priced a 96% chance of a BOJ hike. WTI fell 2.4% on IEA demand warnings, while g…
Energy stocks traded mixed late Friday as WTI and Brent crude futures fell nearly 2% to 2.6%. However, Chevron's CEO cautioned that depleted global oil buffers could drive crude prices higher over th…
WTI crude pulled back 2.37% after an IEA demand warning, but major supply risks persist. Escalating US-Iran conflict, Houthi disruptions in the Red Sea, and drone strikes on Russian infrastructure ha…
US equity indexes surged over 1% led by technology and communication services, despite August core CPI rising 0.3% and short-term Treasury yields climbing. Concurrently, crude oil tumbled nearly 3% f…
Markets now price a 70% chance of a Federal Reserve rate hike following hot wholesale inflation data. With crude oil surpassing $100 per barrel, focus shifts to bank stocks like JPMorgan Chase, as wi…
US benchmark equity indexes rose over 1% intraday despite hotter August core inflation, which drove Fed rate hike odds to 87%. Meanwhile, crude oil dropped nearly 3% amid potential Strait of Hormuz t…
US equity indexes surged over 1% led by technology and communication services, despite slightly hotter core CPI data that drove two-year Treasury yields higher. Simultaneously, crude oil prices slump…