Market context
Follow the story. See which markets it affects. Explore the context.
WTI crude slipped below $100 in a technical correction but maintained strong weekly gains amid escalating US-Iran tensions. Prolonged geopolitical supply disruption risks, an August drop in OPEC outp…
Crude oil jumped near one-month highs around $91 per barrel amid escalating US-Iran military strikes. Reduced vessel transits through the Strait of Hormuz raised supply disruption concerns, outweighi…
Crude oil traded near $90 per barrel as geopolitical tensions escalated in the Middle East. Despite brief surges in Strait of Hormuz transits, recent US-Iran strikes and falling tanker traffic have i…
Venezuela is unlikely to leave OPEC soon as output remains subdued and below quota limits. Production is projected to reach just 1.4 million barrels daily by late 2027, delaying meaningful upstream s…
US crude oil inventories plunged by 4.45 million barrels in late August, marking the first decline in five weeks and significantly exceeding expectations for a 1.1 million-barrel draw.
The US launched military strikes on Iranian targets near the Strait of Hormuz in retaliation for recent hostile actions. The heightened conflict and risk of closure or disruption to the critical oil …
Crude oil prices surge as Middle East conflict, Russian export bans, and refinery maintenance severely tighten supply. Morgan Stanley forecasts a prolonged deficit with Brent potentially hitting $100…
US crude inventories increased by 0.095 million barrels, well below the expected 0.6 million-barrel build. Strong demand was highlighted by larger-than-expected draws in gasoline and distillate stock…
Russian refinery output declines alongside Middle East geopolitical tensions are tightening regional fuel markets and keeping international oil prices elevated, while raising agricultural cost risks …
Crude oil prices fell sharply after Iran and Oman unveiled a joint framework to secure maritime navigation in the Strait of Hormuz, easing supply disruption fears and slightly lifting U.S. Treasury y…
Crude oil prices dropped sharply following a joint framework announced by Iran and Oman to enhance navigation safety in the Strait of Hormuz. The reduced geopolitical supply risk weighed heavily on o…
The US Treasury is launching an economic onslaught against Iran, imposing fresh sanctions on digital assets, tech, gold, aviation, and shipping. The aggressive zero-leakage strategy aims to block vit…
Crude oil dipped to $86 per barrel amid profit-taking ahead of unprecedented US sanctions on Iran. Despite the pullback, ongoing threats to Strait of Hormuz shipping and impending Iranian export curb…
Crude oil rallied over 2% after President Trump pledged an economic campaign against Iran, lifting Brent above $93 and WTI past $86. While tanker disruptions in Hormuz support prices and boost energy…
China has balanced global crude markets by cutting oil imports from 12 million to 7 million barrels daily. Drawing on stockpiles, reducing refinery runs, increasing EV adoption, and relying on strate…
Brent crude oil futures surge by nearly four percent, indicating strong bullish momentum in global energy markets.