#Oil
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Strait of Hormuz Tensions Lift Oil as Asia Markets Track Escalation
Oil futures opened about 2% higher after renewed disruption in the Strait of Hormuz and reports of a tanker strike…
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Brent Crude Rebounds Above $83 as Hormuz Draft Terms Revive Risk Premium
Oil prices climbed after stricter-than-expected Strait of Hormuz draft terms undermined hopes for a quick reopening. Brent rose to $83.40…
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Natural Gas Slides Below $2.66 as Storage Build, Record Output Pressure Prices
U.S. natural gas futures fell toward $2.64 per MMBtu after a larger-than-expected 33 Bcf storage injection and production near 111…
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WTI at $74.69, Brent at $79.08 as Oil Erases July War Premium
Crude prices swung sharply but returned to levels last seen around the June 17 interim peace agreement. Investors now face…
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WTI Crude Holds Near $75 as Hormuz Deal Hopes Clash With Tight Cushing Stocks
WTI hovered near $75.69 and Brent traded around $80.22 as traders weighed a possible 60-day Strait of Hormuz shipping arrangement…
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Natural Gas Holds Near $2.77 as Record Supply Caps Rebound
Natural gas futures remain under pressure near $2.77 per MMBtu as strong production, above-average storage and softer summer demand outweigh…
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WTI Crude Drops 10% in Two Sessions as Hormuz Deal Hopes Sink Oil
WTI crude fell to $75.88 after a two-session slide of more than 10%, while Brent dropped below $80 as traders…
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WTI Crude Falls 6% as Iran Denies Near-Term US Talks
WTI crude dropped 6% to $79.56 after Iran rejected claims that talks with the US were imminent. The move eased…
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US Stock Futures Rise as Oil Drops Below $80 and Yen Intervention Returns
US stock futures advanced as crude prices fell sharply and Treasury yields eased, while traders also watched renewed support for…
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WTI Crude Drops to $79 as Iran Pause Cools War Premium
WTI crude fell 6.21% to $79.41 and Brent slid to $83.24 after the U.S. signaled a pause in strikes on…