Stocks
U.S. Blockade Drives Iran Oil Exports to Six-Year Low
Iran's oil and condensate exports fell below 300,000 barrels per day in May, marking a six-year low. Analysts attribute this sharp decline...
#energy markets 72 articles
Markets
Crude Oil Plunges 3.12% as Mideast Ceasefire, Iran Deal Hopes Emerge
Crude oil prices saw a significant drop on Wednesday, with WTI July delivery falling 3.12%, driven by an Israel-Lebanon ceasefire and optimism...
Stocks
Iran Threatens Strait Closure, Oil Futures Jump
Crude oil futures saw their biggest monthly gain on Monday after Iran announced it would halt U.S. talks and close the Strait...
Markets
Crude Oil Plunges on Hormuz Reopening Hopes
Crude oil prices fell sharply Friday amid high expectations of a U.S.-Iran MoU to reopen the Strait of Hormuz, potentially resuming vital...
Stocks
Oil Slides, Stocks Advance on Hormuz Breakthrough Bets
Global markets saw oil prices and the U.S. dollar fall Monday, while stocks advanced, as investors grew optimistic about a U.S.-Iran agreement...
Markets
WTI Crude Gains as Iran Talks Advance, Supply Crisis Looms
Crude oil prices edged higher on Friday, buoyed by positive signals from U.S.-Iran peace talks, even as concerns over an impending inventory...
Stocks
Pump Prices Jump 30% Ahead of Memorial Day, Storage Concerns Rise
U.S. gasoline prices averaged $4.55/gal on Friday, nearly 30% higher than last year, ahead of Memorial Day. Tightening storage levels suggest prices...
Stocks
Crude Rallies as US-Iran War Closes Strait of Hormuz, Tightening Supplies
Crude oil and gasoline prices surged Friday, reaching a 1.5-week high, driven by the escalating US-Iran conflict and the resulting closure of...
Markets
Crude Oil Soars Past $105 as Hormuz Blockade Persists After US-China Summit
Crude oil prices surged past $105 per barrel on Friday after the U.S.-China summit concluded without a breakthrough on the Strait of...