Brent crude held above $95 per barrel as investors monitored escalating US-Iran hostilities near the Strait of Hormuz. While crude shipments continue through the waterway, geopolitical risks and a 4.…
WTI crude oil edged lower to $90.68 per barrel on technical profit-taking following a three-day rally. However, sharp inventory declines of 4.5 million barrels and rising Middle East geopolitical ten…
US equity indexes, gold, and crude oil advanced after the Treasury increased debt buybacks and FOMC minutes confirmed a rate hold. Falling Treasury yields bolstered market sentiment across major inde…
Oil prices rallied on Middle East tensions and a sharp drop in US crude stocks, boosting Permian Resources. PR shows strong returns but presents a mixed valuation picture; bulls see it as 17% underva…
Crude oil prices jumped over 6% as escalating Middle East geopolitical tensions and a larger-than-expected draw in U.S. crude stockpiles fueled supply concerns.
Crude oil prices soared over 6% after escalating Middle East hostilities, including attacks in the Strait of Hormuz, reignited supply concerns. This geopolitical tension, combined with a larger-than-…
Energy stocks and crude oil prices rallied sharply following renewed geopolitical tensions in the Middle East and a larger-than-expected draw in U.S. crude stockpiles.
Oil prices surged over 4.5% on renewed Iran-U.S. military tensions after Iranian missile strikes on U.S. bases and retaliatory strikes on Iraqi targets, compounded by a bullish API inventory report s…
US crude inventories plummeted by nearly 8 million barrels, significantly outpacing expectations. While gasoline and distillate stockpiles unexpectedly rose, the massive drawdown in headline crude an…
US crude inventories fell 9.10 million barrels, exceeding expectations, while gasoline and distillate stocks declined. SPR reached lowest levels since July 2024, signaling tight supply conditions.
Crude oil futures declined as Iran allowed vessel transit through the Strait of Hormuz following Trump-Xi agreement on keeping the waterway open. WTI and Brent both retreated despite ongoing supply c…