Crude Oil
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Oil price surge on US/Iran
Key takeaways Diplomatic efforts to end the war hit a stumbling block Oil majors surge Why oil price gains could…
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WTI holds above $72.00, near two-week high amid fresh US-Iran tensions
WTI enters a consolidation phase following an Asian session uptick to a two-week high. Fresh US-Iran tensions and supply disruption…
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Oil Jumps on Fresh US Strikes Against Iran
Crude oil surged above $72 per barrel on Wednesday and was up more than 5% so far this week, after…
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WTI rises above $69.00 as Iran strikes commercial vessels in Hormuz
WTI gains ground following renewed geopolitical tensions in the Strait of Hormuz. Iran fired at least two missiles at commercial…
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Oil Hovers at 4-Month Low
Crude oil traded below $69 a barrel on Monday, hovering near its lowest levels since late February as maritime flows…
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OPEC+ agrees on raising output targets, starting in August
The Organization of Petroleum Exporting Countries and its allies (OPEC+), including Russia, agreed to raise their output targets by 188,000…
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WTI rises to near $69.00 despite OPEC+ hikes, Hormuz flows
WTI may fall as normalizing Strait of Hormuz traffic and projected OPEC+ output hikes renew global supply glut fears. OPEC+…
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Oil Holds Decline on Supply Glut Worries
Crude oil traded below $69 per barrel on Monday, hovering near its lowest levels since late February as recovering energy…
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Brent Hovers Near Pre-War Levels
Brent crude oil prices fluctuated around $72 a barrel in thin Friday trading, hovering near levels last seen before the…
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Oil Price Erases Geopolitical Premium Faster Than After the Conflict with Russia. Is This the End or the Beginning of the Declines?
Key takeaways Brent crude prices have fallen to around $70 per barrel, successfully erasing the geopolitical risk premium that arose…
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