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President Trump will meet with US oil refiners to discuss strategies for lowering persistently high gasoline prices, potentially including policy changes to bolster domestic refining capacity and unl…
WTI crude oil fell to $83.4 a barrel, extending weekly losses to 4%, as easing supply concerns—specifically improved flows through Hormuz and the Iran–Oman corridor—outweigh ongoing geopolitical tens…
Crude oil posted weekly losses as easing geopolitical tensions with Iran and Saudi Arabia's increased supply capabilities calmed market supply fears.
Crude oil prices hover around $82 as markets balance easing supply concerns in the Strait of Hormuz against escalating geopolitical risks from the Russia-Ukraine conflict and Middle East tensions.
WTI crude oil prices fell to a 1.5-week low on easing Middle East supply concerns, despite a bullish EIA report. Discussions between Iran and Oman to resume shipping through the Strait of Hormuz and …
Crude oil prices fell below $82, marking a fourth consecutive decline. Easing geopolitical tensions in the Middle East, specifically an agreement regarding the Strait of Hormuz and milder-than-expect…
Crude oil futures fell for a third session as easing geopolitical tensions regarding Iran and rising U.S. crude inventories pressured prices. WTI dipped 0.2% to $82.23, while Brent declined 0.8% to $…
WTI crude oil rose for a fourth consecutive session, settling up 1% at $85.83, despite a large EIA crude inventory build. Supply concerns from restricted transit through the Strait of Hormuz and stro…
The top 5 oil majors, including XOM, achieved a record $70 billion in Q2 2026 free cash flow, surpassing previous peaks. Simultaneously, the US Strategic Petroleum Reserve hit a 40-year low, and Bren…
Energy stocks and crude oil prices declined premarket Friday following softer economic data. WTI fell 0.7% to $76.76, while Brent dropped 0.8% to $81.82. Natural Gas bucked the trend, rising 1.7%. PA…
Oil futures retreated slightly as the anticipated U.S. retaliatory strikes against Iran in Jordan occurred, offering no new bullish catalysts. However, ongoing geopolitical tensions in the Persian Gu…