#oil market
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U.S. Refining Capacity Crunch, Not Crude Supply, Is the Bigger Oil Risk
The U.S. energy challenge is increasingly centered on refining capacity rather than access to crude oil. Plant closures and tight…
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Ukraine Refinery Attacks Raise Pressure on Oil Markets as G7 Weighs 100 Million Barrel Fuel Release
Ukraine signaled more strikes on Russian refineries as G7 governments discussed releasing up to 100 million barrels of emergency oil…
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Geopolitics Overshadow Data as Trump Rejects Iran Strait Proposal
Markets opened the week under pressure after Donald Trump rejected Iran’s latest proposal tied to reopening the Strait of Hormuz.…
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Saudi Aramco Signals Yanbu Oil Loadings May Resume After Pipeline Disruption
Saudi Aramco has indicated crude loadings at Yanbu could restart soon, a key step toward restoring a Red Sea export…
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Trump’s $5 Billion Gulf Energy Fund Proposal Targets Hormuz Risk
The Trump administration is discussing a $5 billion fund to rebuild Gulf energy infrastructure damaged in the Iran war and…
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Labor Day Gas Prices Top $4 for the First Time as Oil Risks Build
U.S. gasoline prices set a Labor Day record in 2026, with the national average above $4 a gallon. Higher crude…
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Brent Crude Nears $100 as Hormuz Disruption Tightens Global Oil Supply
Brent crude climbed to about $97.50 while WTI moved above $92 after tanker traffic through the Strait of Hormuz fell…
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Strait of Hormuz Tensions Jolt Oil Markets After Tanker Fire Claim
A claim that a supertanker caught fire in the Strait of Hormuz after hitting naval mines has sharpened focus on…
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Iran War Predictions Face Scrutiny as Conflict Drags Into Sixth Month
Early claims that the Iran war would end within weeks have unraveled as the conflict enters its sixth month, with…
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Brent Nears $90 as IEA Sees 1.8 Million Bpd Q3 Oil Deficit
Brent crude approached $90 a barrel after a 5% weekly gain as Strait of Hormuz disruptions tightened the global market.…