Investing
US Dollar Ban Strands 60 Million Barrels of Iranian Crude
The US Treasury has revoked its waiver for Iranian oil sales, blocking transactions in US dollars after Gulf tanker strikes. This action...
#energy markets 64 articles
Stocks
Oil Prices Retreat as Red Sea Shipments Persist Despite Threats
WTI crude and RBOB gasoline prices fell Friday, giving back half of Thursday's rally, as Red Sea oil shipments continued despite Houthi...
Markets
Iran War Drives Oil Prices Past $100 Mark
Oil prices have surpassed $100 a barrel, driven by the Iran war disrupting global supplies. Analysts suggest this geopolitical factor makes the...
Markets
WTI Crude Plunges 3.24% on Output Hike Prospects, Profit-Taking
WTI crude oil prices plummeted on Friday, shedding gains from five consecutive sessions as investors booked profits and anticipated a likely output...
Markets
Oil Prices Climb on U.S.-Iran Conflict, Diplomatic Hopes Cap Gains
Crude oil prices advanced on Monday as escalating U.S.-Iran hostilities fueled supply concerns, though indications of renewed diplomatic talks tempered further increases.
Markets
Crude Oil Prices Soar as U.S.-Iran Attacks Escalate, Diplomacy Persists
Crude oil prices surged Friday, with WTI up 4.62% to $82.60, as U.S.-Iran military escalation widened, targeting critical infrastructure despite ongoing diplomatic...
Markets
U.S. Crude Inventories Decline Less Than Forecast
U.S. crude oil inventories saw a smaller-than-expected decrease in the week ended December 13th, with a dip of 0.9 million barrels against...
Stocks
Trump Nixes Hormuz Fee, Oil Futures Retreat From Highs
Crude oil futures eased off day's highs after President Trump scrapped a proposed 20% transit fee for ships in the Strait of...
Economy
Fuel Prices Defy Crude Drop, Slamming Consumers
Refined fuel prices are rebounding despite easing crude oil, creating a record gap that's hitting consumers and threatening inflation goals ahead of...