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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…
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…
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…
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 …
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…
Chevron CEO Mike Wirth warned that global oil buffers preventing price spikes are exhausted, tilting crude risks upward. The IEA confirmed global inventories plunged by 95 million barrels in August a…
The White House is considering using the Defense Production Act to expand domestic oil refining capacity. Preliminary talks with US refiners focused on regulatory reform, expedited permitting, and st…
Brent crude surged past $109 per barrel this week, driving breakouts across the energy sector. Rising oil prices and strong LNG demand continue to provide strong tailwinds for oil and gas producers.
Chevron CEO Mike Wirth warned that oil prices will likely remain elevated as emergency supply buffers cushion against Middle East disruptions are largely depleted. With Brent crude hovering above $10…
US diesel prices surged past a record $6 per gallon amid Middle East supply tensions, boosting crude and refined product markets. The spike intensifies broader inflationary pressures across transport…
Saudi Arabia shut down its key East-West crude pipeline after drone attacks launched from Iraq. The outage halts an essential bypass route around the Strait of Hormuz, escalating Middle Eastern suppl…
Exxon Mobil edged higher following an IEA forecast predicting a widening global oil supply deficit through 2026. Despite broader crude oil declines and valuation concerns nearly 30% above fair value,…
Escalating tensions between the U.S. and Iran over the Strait of Hormuz have triggered a sharp rally in energy prices, heightening supply disruption risks across global petroleum markets and boosting…
QatarEnergy is negotiating multi-year U.S. LNG supply contracts through 2031 to replace 12.8 million tons per year of capacity damaged by Iranian strikes. The shift from spot purchases signals prolon…
The IEA warned that Middle East supply normalisation will be delayed until 2027 due to ongoing war and shipping chokeholds. Despite cutting demand forecasts, crude broke above $100 and diesel surpass…
OPEC trimmed its 2026 global oil demand growth forecast for the fifth straight month to 380,000 bpd while raising its 2027 outlook. The downgrade comes amid severe supply constraints, with Saudi crud…
Surging crude oil prices driven by geopolitical conflict are fueling tailwinds across the energy sector. High prices near $95 per barrel enable producers to rapidly cut debt and triple free cash flow…
Energy stocks and crude benchmarks slid in premarket trading Friday. Front-month WTI dropped 3.8% to $98.57 per barrel and Brent fell 3.4% to $103.94, weighing heavily on broader energy sector ETFs a…