#Oil
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Strait of Hormuz Tensions Reshape Oil Flows as Iran Eyes New Transit Fees
Oil markets are refocusing on the Strait of Hormuz after Iran signaled new vessel service fees and OPEC+ approved a…
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Russia-Ukraine Strikes Escalate Ahead of NATO Summit After Kyiv Death Toll Hits 14
Russia and Ukraine exchanged some of the war’s largest recent strikes as Kyiv reported 14 deaths and 117 injuries. The…
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Oil Prices Drop as OPEC+ Adds 188,000 bpd and Hormuz Reopens
Crude has fallen back to four-month lows as the war premium evaporates, OPEC+ restores supply and tanker traffic through the…
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WTI Crude Falls to $68.50 as Hormuz Reopens and Oversupply Returns
WTI crude has retreated to about $68.50 and Brent to roughly $72 as the Strait of Hormuz reopens and the…
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WTI Oil Falls Below $68 as Strait of Hormuz Reopens
WTI crude dropped below $68 a barrel as oil flows through the Strait of Hormuz recovered above 10 million barrels…
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Natural Gas Holds Near $3.22 as Heat Wave Meets Storage Surplus
U.S. natural gas futures hovered around $3.22 per MMBtu as intense summer heat boosted power demand, but high production and…
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Crude Oil Steadies Near $69 as War Premium Vanishes and Supply Risks Build
Crude oil entered the third quarter near pre-conflict levels after a historic selloff erased the geopolitical premium. Investors are now…
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EIA Crude Oil Inventories Fall 3.775 Million Barrels as Distillates Rise
U.S. crude stockpiles fell by 3.775 million barrels in the latest EIA report, while gasoline inventories also declined and distillates…
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Oil Prices Rise as WTI Nears $70 and Tech Futures Rebound
WTI crude climbed to $69.95 as traders weighed a fragile US-Iran truce and possible talks in Doha. At the same…
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WTI Oil Falls Below $70 as Hormuz Reopens and Doha Talks Loom
WTI crude settled below $70 for the first time since February 27 as the Strait of Hormuz reopened and war-driven…