Markets
Crude Oil Jumps 4.49% as US-Iran Ceasefire Ends
Crude oil prices surged on Wednesday, with WTI climbing 4.49% to $73.60 per barrel, following renewed U.S.-Iran hostilities and President Trump's declaration...
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Markets
UAE Crude Output Hits Record 4.1M BPD in June, IEA Confirms
The UAE boosted crude oil production to an all-time high of 4.1 million barrels a day in June, IEA reports, marking a...
Stocks
Crude Oil Jumps to $74.55/bbl After U.S. Strikes Iran; Diesel Surges
U.S. crude oil futures climbed over a dollar to $74.55/bbl post-market Wednesday following fresh U.S. strikes on Iran, as President Trump declared...
World Business
Trump Eyes Swift Russian Oil Sanctions as Hormuz Reopens
At the G7 summit in Evian, Donald Trump suggested the US could swiftly reimpose sanctions on Russian oil, citing the expected reopening...
Stocks
Nat-Gas Prices Hit 2-Week Low as US Storage Levels Swell
U.S. natural gas prices fell to a two-week low after weekly storage levels rose more than expected, signaling ample domestic supplies amid...
Markets
Oil Futures Face Fourth Weekly Loss as Middle East Tensions Ease
Oil prices held steady on Friday but are on track for their fourth consecutive weekly decline, driven by receding concerns over supply...
Markets
Oil Prices Jump as Hormuz Traffic Halves After US-Iran Clashes
Crude oil prices surged on Monday following a sharp decline in vessel traffic through the Strait of Hormuz, prompted by renewed U.S.-Iran...
Finance
Morgan Stanley Slashes Oil Forecasts on Rapid Hormuz Flow Return
Morgan Stanley has significantly cut its oil price forecasts, citing a faster-than-expected recovery of flows through the Strait of Hormuz and increased...
Stocks
U.S. Crude Futures Top $70 After Iran Strikes
U.S. crude oil futures rose above $70/bbl post-market after American military strikes in Iran, responding to Iran's attack on a cargo ship...