Crude Oil
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WTI edges higher to near $86.00 on uncertainty over US-Iran talks
WTI price drifts higher to near $86.00 in Tuesday’s Asian session. Iran said it will not negotiate under the “shadow…
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Brent Oil Above $90 per Barrel
Key takeaways Renewed Tensions and Price Spike: Brent crude surged by nearly 6%, surpassing $90 as the Strait of Hormuz…
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WTI Oil holds around $87.00 as the US-Iran peace process teeters
WTI Oil prices consolidate around $87.00, nearly 10% above Friday’s lows. Escalating tensions between the US and Iran have triggered…
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Crude Oil Prices Plummet as the Strait of Hormuz Reopens
May WTI crude oil (CLK26) on Friday closed down -10.84 (-11.45%), and May RBOB gasoline (RBK26) closed down -0.1589 (-5.02%).…
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Oil Falls on Iran Deal Optimism
WTI crude futures slipped toward $92 per barrel on Friday, retreating after a 3.7% gain in the prior session as…
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WTI drifts higher to near $93.00 amid Lebanon-Israel ceasefire strains
WTI price gains momentum to near $93.00 in Friday’s Asian session. Lebanon’s army accused Israel of violating the ceasefire, hours…
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Oil Rises as Hormuz Closed, US-Iran Weigh Truce
WTI crude oil futures rose above $93 per barrel on Thursday as traders balanced signs that the US and Iran…
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WTI declines below $88.50 on US-Iran ceasefire optimism
WTI price edges lower to near $88.20 in Thursday’s early European session. Signs of possible de-escalation in the Middle East…
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Gasoline Futures Decline
Gasoline futures fell to around $3.00 per gallon, giving back gains from the previous session, as prospects of further US–Iran…
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WTI bears seem hesitant near $88.00 as Hormuz risks counter Iran diplomacy hopes
WTI trades with a negative bias for the third straight day, though it lacks follow-through. Hopes for easing US-Iran tensions…
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