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Crude futures recovered from Monday's selloff amid U.S.-Iran tensions and Strait of Hormuz closure concerns. WTI settled at $93.89, while analysts warn of tightening supply as SPR and commercial stoc…
Brent crude rallied 2% to $107/barrel as Iran hardened nuclear negotiation stance, reducing near-term deal prospects. Supply concerns from SPR drawdowns and Strait of Hormuz uncertainty support eleva…
Commodity strategist Ole Hansen predicts Brent crude will maintain structurally higher prices even post-conflict, settling at $85-95/barrel. Gold poised for record highs despite near-term headwinds f…
WTI crude oil surged 5.84%, signaling strong bullish momentum. The substantial single-day gain suggests renewed demand or supply concerns driving prices higher.
WTI crude oil surged 3% above $104/barrel Friday, tracking a 9% weekly gain amid Strait of Hormuz closure, elevated supply concerns, and stalled conflict resolution efforts pressuring energy markets.
Oil prices surged as Trump signals Iran nuclear concerns and discusses U.S.-China oil deals. Weekly gains hit 6% for Brent and 7% for WTI amid Strait of Hormuz tensions.
Oil prices rallied over 1% as Trump pressured Iran on negotiations while geopolitical tensions persist around the Strait of Hormuz. Brent up 6% weekly, WTI up 7%, driven by supply concerns and shippi…
Oil prices rose over 1% as Trump signaled China's interest in U.S. oil purchases and concerns over Strait of Hormuz shipping persisted despite some vessel traffic resuming.