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WTI crude pulled back 2.4% to settle at $100.05 a barrel, securing a 9.4% weekly gain. The daily dip reflects profit-taking and IEA demand concerns, but escalating Middle East tensions and Houthi str…
Oil futures dropped sharply, with WTI falling 3.5% to $98.92 as prices retreated from four-month highs. Downward momentum was driven by the IEA's monthly report, which lowered demand expectations, pr…
Crude oil benchmarks surged over 6%, with WTI topping $102 and Brent exceeding $107 per barrel, following geopolitical escalation as Houthi forces seized Yemen's Mocha port, threatening crucial Middl…
WTI crude surged nearly 7% to a 3.5-month high amid escalating US-Iran conflict and severe supply disruptions. The closure of the Strait of Hormuz, Saudi output falling to 1990 lows, and drone strike…
Oil futures surged to multi-month highs as escalating strikes between the U.S. and Iran, alongside Houthi attacks on Saudi infrastructure, intensify supply risks. Low inventories compound concerns, w…
Oil prices jumped over 2% driven by renewed Middle East tensions, pushing bond yields higher and pressuring precious metals like gold and silver. Higher energy prices risk fueling inflation and reinf…
Crude oil prices rose on Monday following renewed geopolitical tension in the Middle East. U.S. forces struck Iranian rocket launchers near the Strait of Hormuz, raising concerns about potential supp…
Oil futures rose, recovering from recent losses, driven by U.S. sanctions on Iran and Strait of Hormuz negotiations. Analysts remain skeptical about the sanctions' effectiveness due to enforcement ch…
WTI crude oil dropped over 1.6% toward $81 per barrel as diplomatic talks involving Iran, Oman, and Pakistan pointed to easing Middle East tensions. Proposed plans for mine clearance and a joint mari…
Oil prices edged higher after the U.S. imposed new sanctions on over 60 entities and vessels linked to Iran. However, analysts note further upside may be limited unless China significantly cuts its I…
Norway's Offshore Directorate warns of a steep oil and gas production decline post-2030 without increased exploration and infrastructure investment, threatening long-term European energy supply.
Oil futures extended gains as geopolitical tensions flared following confirmation that no talks are occurring with Iran. Supply concerns are further amplified by Ukrainian attacks on Russian refineri…
WTI crude oil prices rose following a lack of progress in U.S.-Iran negotiations over the Strait of Hormuz. Escalating geopolitical rhetoric and stalled diplomatic talks have heightened market concer…
Oil prices plunged over 5% on potential US-Iran deal to reopen Strait of Hormuz, pressuring energy stocks despite mixed corporate earnings from BP, Energy Transfer, and Duke Energy.
Markets shift focus to earnings season after a volatile session driven by falling oil prices. Limited details provided in this brief market preview article.
U.S. equities rallied Monday after a pause in U.S.-Iran strikes, while crude oil prices plunged over 5-6% on eased geopolitical tension. Dow, S&P 500, and Nasdaq all gained, with WTI and Brent future…