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Crude Oil
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WTI rises to near $84.50 as IRGC claims supertanker struck by mines in Hormuz
WTI jumps after Iran claims a supertanker hit naval mines in the Strait of Hormuz. Iran launched missile barrages toward…
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Oil Rises as US Strikes Iranian Rocket Launchers
Crude oil climbed above $85 per barrel on Monday, starting the week higher after the US military targeted Iranian rocket…
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Dollar Strength and Increased Middle East Oil Flows Weigh on Crude Prices
October WTI crude oil (CLV26) closed down -0.13 (-0.16%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0598 (+2.00%).…
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Oil Heads for Weekly Loss
Crude oil fell below $83 a barrel on Friday, extending weekly losses to near 5%, as traders increasingly viewed the…
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WTI Price – Bears have the upper hand below $82.10-$82.15 confluence hurdle
WTI drifts lower on Thursday amid fresh optimism over the reopening of the Strait of Hormuz. However, the geopolitical risk…
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Geopolitical Noise vs. Hard Data: What is Really Happening in the Oil Market?
The recent correction in oil prices, which at one point reached as much as 8% this week, is driven by…
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Oil reverses declines despite Trump’s assurances, while Wall Street awaits Nvidia’s judgment report
It is clear that Wall Street investors are unsure of what to expect in the near future. Volatility in recent…
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Commodity Wrap – Natgas, Cocoa, Gold, Oil
Market Situation During today’s session on the commodities market, slight declines prevail, with the average decrease amounting to -0.26% and…
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WTI slips below $85.00 as traders take profits before new US sanctions on Iran
Investors take profits ahead of stricter US sanctions targeting Iranian oil exports and trading partners. Middle East tensions and Strait…
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Crude Oil Prices Rise as Middle East Hostilities Persist
October WTI crude oil (CLV26) closed up +0.23 (+0.26%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0377 (+1.25%).…
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