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...
#energy markets 64 articles
Stocks
Crude Futures Jump 10% as Iran Strait Closure Worries Market
U.S. crude oil futures surged 10% this week, driven by the prolonged closure of the Strait of Hormuz and deepening concerns over...
Stocks
US Natural Gas Futures Climb on Heatwave Forecasts, Boosting AC Demand
Natural gas futures rose on Wednesday, driven by forecasts for above-normal US temperatures expected to significantly increase electricity demand for air conditioning.
Markets
Strait of Hormuz Closure Costs 100 Million Barrels Weekly: Aramco CEO
Saudi Aramco CEO states a Strait of Hormuz closure results in a weekly loss of 100 million barrels of oil. Oil prices...
Stocks
Crude Prices Jump as Hormuz Closure Persists After Trump Rejects Iran Deal
Crude oil and gasoline prices surged on Monday following President Trump's rejection of Iran's latest peace proposal, prolonging the closure of the...
Stocks
Crude Oil Rises After Trump Rejects Iran Peace Offer
Crude oil futures gained Sunday after President Trump rejected Iran's peace proposal as 'totally unacceptable,' citing concerns over the Strait of Hormuz.
Stocks
Crude Prices Climb as Strait of Hormuz Tensions Escalate
Crude oil and gasoline prices rose Friday, driven by escalating US-Iran hostilities in the Strait of Hormuz, threatening global energy supplies.
World Business
OPEC+ Adds Modest Output as Iran Blocks Hormuz Strait
Seven OPEC+ nations agreed to a modest 188,000 bpd production rise for June. The increase is symbolic, overshadowed by Iran's blockade of...
Stocks
US Nat-Gas Prices Climb on Cold Weather Outlook, Global Supply Concerns
US natural gas prices rose to a three-week high, driven by forecasts for below-normal temperatures boosting heating demand. Global supply disruptions also...