Market context
Follow the story. See which markets it affects. Explore the context.
Freight rates for Russian crude exports out of the Black Sea reached record highs amid Ukrainian drone strikes and a shortage of available tankers. Rising insurance costs and route disruptions are sq…
TotalEnergies plans to invest $10 billion over five years in Angola to maintain and potentially increase its 450,000 bpd output. The spending focuses on offshore exploration and new projects like the…
Depleted global crude buffers and tightening market conditions are set to push oil prices higher, according to industry leadership. Strong upstream earnings, high cash generation, and elevated benchm…
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…
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 equity futures rose pre-bell Friday ahead of the key August CPI inflation release, with Nasdaq futures leading gains. Crude oil prices slid over 3%, pulling WTI below $100 per barrel despite emerg…
U.S. diesel prices reached a record $6 per gallon as Brent crude hovered near $105, reigniting inflation pressures ahead of crucial CPI data. Although ExxonMobil and peers slipped slightly premarket,…
Crude oil jumped 13% this week, with Brent reaching $107.86 and WTI topping $102 amid escalating Gulf hostilities. Regional supply threats mount as tanker attacks intensify in the Persian Gulf and Ho…
Crude oil prices surged with Brent topping $109 and WTI crossing $102 as U.S.-Iran hostilities sharply escalated. President Trump defended his strategy despite midterm pressures over high energy cost…
UBS warned major US airlines may miss Q3 earnings views due to surging fuel costs and operational disruptions. The warning comes as WTI and Brent crude broke above $100 per barrel amid escalating US-…
WTI crude surges toward $100 per barrel following escalating military strikes between the U.S. and Iran alongside Houthi advances near the Bab el-Mandeb strait. The geopolitical flare-up is stoking f…
Oil prices climbed with Brent holding above $100 per barrel amid escalating military conflict between the US and Iran near the Strait of Hormuz. Physical shipping disruptions alongside rebounding Chi…
Crude oil breached $100 as Middle East tensions escalate in the Strait of Hormuz. Surging energy prices and rising Treasury yields are pressuring US stock index futures ahead of key August PPI and CP…
Crude oil prices and energy equities gained pre-market on Tuesday. WTI crude climbed 1.3% to $92.65 per barrel, while Brent advanced 0.7% to $97.72 per barrel, buoyed by broad sector gains and positi…
Brent and WTI crude surged toward $100 after Houthi attacks prompted Saudi Arabia to halt southern energy operations and the US struck Iranian tankers. With Strait of Hormuz transit constrained and d…
Crude oil surged as U.S.-Iran military escalation led to tanker strikes near the Strait of Hormuz. Brent topped $97 and WTI exceeded $92, with analysts warning prices could hit $115 amid protracted c…
OPEC+ is expected to leave crude production policy unchanged for October amid ongoing shipping disruptions through the Strait of Hormuz. The alliance is shifting focus toward establishing new 2027 ba…
US stocks dipped following a monthly jobs report adding 162,000 positions, stoking concerns over upcoming Federal Reserve interest rate hikes. While Brent crude eased below $95 per barrel and broader…
August nonfarm payrolls surged by 162,000, crushing the 53,000 forecast and pushing Federal Reserve rate hike odds to 58%. The Dow Jones dropped 150 points as Treasury yields jumped, while Brent crud…
Bitcoin climbed 5.5% above $81,000 alongside gains in Ethereum and Solana as U.S.-Iran tensions paused. The move triggered over $164 million in short liquidations and reduced Fed rate hike expectatio…