Crude Oil
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WTI recovers above mid-$98.00s after gap lower as Hormuz risks offset OPEC+ output hike
WTI attracts some dip-buying following a modest bearish gap down opening on Monday. Rising Iran tensions and Hormuz risks turn…
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WTI Crude falls as Iranian proposal raises hopes for renewed US-Iran negotiations
WTI Crude falls after reports of Iran’s new proposal to the US aimed at ending the war. Ongoing Strait of…
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WTI rises to near $102.50 amid rising supply concerns from Middle East
WTI heads for a second weekly gain as US-Iran tensions persist and Hormuz reopening prospects fade. Trump said the Iran…
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WTI advances above $105.50 as Iranian ports’ blockade deepens
WTI rises amid an intensifying naval blockade of Iranian ports. Canada’s oil sector draws renewed major interest as Middle East…
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Chart of The Day – OIL
Oil prices surged after Donald Trump posted a message on Truth Social suggesting that diplomatic tensions between Washington and Tehran…
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WTI hovers around $97.00 following reports of US to extend Iran blockade
WTI may rise as the US considers extending Iran’s blockade, prolonging Middle East supply disruptions. The UAE is set to…
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Commodity Wrap – Oil, Natgas, Silver, Cocoa
Key takeaways The Strait of Hormuz crisis remains the primary risk factor for the energy markets, with the potential to…
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BREAKING: The United Arab Emirates exits OPEC
The United Arab Emirates announced today a historic decision to withdraw from OPEC and OPEC+ effective May 1, 2026. The…
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Brent Rallies on US–Iran Uncertainty
Brent crude futures climbed to around $110 per barrel on Tuesday, advancing toward levels last seen in March as stalled…
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WTI rises to near $95.50 as Strait of Hormuz remains shut
WTI rises as the Strait of Hormuz remains largely shut, tightening Middle East supplies. Oil gains may be capped as…
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