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...
#energy markets 76 articles
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...
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.