Crude oil slid below $100 per barrel as planned diplomatic talks between Iran and Gulf states eased Strait of Hormuz disruption fears. Downward pressure was further amplified by both the IEA and OPEC…
Sparta Commodities warns Brent crude could surpass $110 per barrel if disruptions in the Strait of Hormuz and Red Sea persist. Simultaneous shipping corridor risks and potential threats to Saudi infr…
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…
Renewed Middle East hostilities are pushing oil and gas prices higher, strengthening the US dollar while pressuring the euro to two-week lows amid concerns over inflation and potential Fed rate hikes.
Trump's plan to quickly refill the US Strategic Petroleum Reserve with Venezuelan crude faces severe obstacles, including infrastructure decay, legal hurdles, and oil quality mismatches, making near-…
The Baker Hughes report shows the U.S. rig count remains unchanged at 588, while crude prices fell significantly. Both WTI and Brent crude benchmarks dropped by $3.66 per barrel weekly, signaling bea…
Oil prices fell as markets reacted to news of a potential revenue-sharing deal between Iran and Oman regarding the Strait of Hormuz, easing supply disruption fears. Despite Saudi Arabia increasing lo…
Crude oil prices fell toward $81 per barrel amid diplomatic progress in the Middle East. Iran and Oman discussed creating a joint maritime corridor in the Strait of Hormuz, while US sanctions proved …
Gulf Keystone restarted production in Kurdistan, ramping back to 45,000 bopd as US-Iran tensions de-escalate and export agreements extend. Narrowing discounts to Brent and recovering liftings improve…
Global government bond yields retreated as crude oil prices declined and markets weighed potential U.S. Treasury interventions to curb high borrowing costs. Despite persistent Middle East tensions, b…
Technical analysis for key commodities indicates Brent and WTI oil prices are facing resistance levels, while gold (XAUUSD) maintains current market positioning. Traders are advised to monitor define…