#Oil
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US-Iran Agreement Sends WTI Crude Down 5.5% as Stocks Rally
WTI crude fell to about $80 after the US and Iran confirmed plans to sign a memorandum of understanding later…
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Natural Gas Holds Near $3.15 After 108 Bcf Storage Build
U.S. natural gas futures hovered around $3.15 per MMBtu after a larger-than-expected 108 Bcf storage injection offset bullish late-June heat…
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WTI Crude Falls Below $86 as Iran Deal Hopes Unwind War Premium
WTI crude dropped to a two-month low below $86 as traders priced in a possible Iran agreement and a reopening…
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WTI Crude Holds Near $90 as Hormuz Closure Fails to Trigger a New Oil Spike
WTI crude traded near $90.68 and Brent near $93.56 even after Iran declared the Strait of Hormuz closed. Record U.S.…
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Natural Gas Futures Hold Near $3.18 After 16-Week High
Natural gas futures steadied near $3.18 per MMBtu after retreating from a 16-week high, as cooler forecasts and softer LNG…
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Brent Crude Falls to $95 as Hormuz Risks Clash With 8.5M b/d Deficit
Brent crude eased to about $95 on June 9 as hopes for a durable Iran-Israel ceasefire reduced the war premium.…
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Red Sea Shipping Ban Raises Oil and Supply Chain Risks
A Houthi declaration of a total ban on Israeli-linked shipping in the Red Sea has intensified pressure on global trade…
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Brent Crude Hits $94.38 as Iran-Israel Clash Reprices Oil Risk
Brent crude climbed to $94.38 and WTI to $91.60 after a weekend Iran-Israel missile exchange briefly sent prices surging more…
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Iran Ceasefire Strains Push Brent Toward $97.50 and Hit Global Markets
A fragile Iran-related ceasefire came under renewed pressure after fresh strikes and threats around key shipping routes. Brent crude climbed…
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Iran-Israel Oil Infrastructure Risk Escalates After Haifa Missile Strike
Iran’s Revolutionary Guards said a missile strike on a Haifa-area petrochemical site was retaliation for attacks on Iran’s energy sector.…