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Crude oil rose past $100 as WTI and Brent gained on reports of Iran downing a US drone near the Strait of Hormuz. Despite the commodity surge and geopolitical supply concerns, energy equities fell, w…
Oil prices declined sharply, with WTI dropping 2.8% below $100 a barrel following reports of diplomatic efforts to secure shipping arrangements with Iran. The news triggered profit-taking and eased i…
Diesel futures surged over 5% to their highest level since April 2022, lifting crude prices amid escalating U.S.-Iran tensions. Ukrainian strikes on Russian refineries have halted Russian diesel expo…
WTI crude oil rose in Asian trade as escalating Middle East conflict spurred supply disruption fears. Iran reportedly targeted U.S. bases in Kuwait and the UAE, raising concerns over potential retali…
Chevron posted its strongest revenue in four years, boosted by higher oil prices, record refinery output, and limited Middle East exposure. It also expanded AI infrastructure ties via a 20-year Micro…
U.S.-Iran conflict resumption and Russian refinery strikes have driven crude and refined products into steep backwardation, boosting convenience yields for long futures positions, especially in diese…