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Iraq Formally Requests OPEC to Increase Production Quota to 6 Million BPD
Iraq formally requested OPEC lift its production baseline to 6 million barrels per day (bpd). This marks a substantial increase from its current quota of 4.431...
Bank of Japan Hikes Rates, Sinking Oil Prices on Dollar Strength
The Bank of Japan raised its key interest rate by 0.25 percentage points to 1.25%. This move marks the central bank's first interest rate hike in...
Crude Oil Prices Tumble as Saudi Supply Fears Subside
WTI crude oil futures have fallen sharply as immediate concerns over a significant supply disruption from Saudi Arabia have eased. Earlier in the week, prices...
Crude Oil Tumbles as Saudi Supply Disruption Fears Ease
WTI crude oil prices plunged in the pre-market session, extending a three-day decline as fears of a significant supply disruption from Saudi Arabia subsided....
🔴 Crude Oil is trading 6.6% down today as Saudi offers additional crude cargoes
Crude Oil is trading 6.6% down at $95.18 after reports that Saudi Arabia is offering additional crude cargoes to Asian refiners through ship-to-ship transfers...
Crude Oil Prices Fall as Saudi Supply Disruption Fears Ease
WTI crude oil prices have declined after reports that Saudi Arabia is offering additional crude cargoes to Asian refiners through ship-to-ship transfers near...
🔴 Crude Oil is trading 3% down today after Saudi Arabia offered extra crude cargoes
Crude Oil is trading 3% down now at $99.32 after Saudi Arabia offered additional crude cargoes to Asian refiners through ship-to-ship transfers near Oman,...
Crude Oil Prices Fall on Easing Middle East Supply Fears
WTI crude futures have dropped over 3% as concerns about supply disruptions in the Middle East have eased. This follows reports that Saudi Arabia is offering...
Saudi Aramco eases supply fears, offering extra crude via Oman
Oil prices dropped on September 16 as Saudi Arabia offered additional crude oil to Asian refiners. This move counters supply disruptions following drone...
🔴 Crude Oil is trading 3.39% down today after a surprise 7.1-million-barrel U.S. inventory build
Crude Oil is trading 3.39% down at $102.24 after U.S. crude inventories unexpectedly increased by 7.1 million barrels for the week ended September 11, versus...
Crude Oil Prices Fall on Surprise Build in U.S. Inventories
West Texas Intermediate crude oil prices have declined after weekly industry data revealed an unexpected and substantial increase in U.S. commercial crude...
🟢 Crude Oil is trading 5.0% up
Crude Oil is trading at $106.49, up 5.0% from a comparison close of $101.39 during regular trading. This is a price-action follow-up, so a separate catalyst...
Crude Oil Surges on Middle East Supply Disruption Fears
WTI crude oil prices have risen over 2% due to escalating geopolitical tensions in the Middle East, which are stoking fears of a significant global supply...
Crude Oil Surges on Middle East Supply Disruption Fears
WTI crude oil futures jumped over 2% in the pre-market session amid rising concerns over global oil supplies. The primary driver is the reported shutdown of a...
Crude Oil Jumps on Escalating Middle East Supply Fears
WTI crude oil prices surged after a series of events heightened fears of a significant disruption to global energy supplies. The primary catalyst was the...
Crude Oil Surges on Middle East Supply Disruption Fears
WTI crude oil futures jumped over 2.7% in the pre-market session amid escalating geopolitical tensions in the Middle East. The primary drivers are renewed...
🟢 Crude Oil is trading 3.29% up today after strikes on Saudi Arabia and Gulf shipping
Crude Oil is trading 3.29% up at $103.34 after renewed Middle East supply concerns following strikes on Saudi Arabia and Gulf shipping. - Reuters reported...
🟢 Crude Oil is trading 3.2% up today as Houthi control of Mokha port stokes fears
Crude Oil is trading higher at $103.25, up +3.20%, as Houthi control of Yemen’s Mokha port raises fears of prolonged Red Sea shipping disruptions. -...
Oil prices hold above $100, as Houthi forces seize strategic Yemen port
WTI and Brent crude prices remained above $100 per barrel on Friday. Both benchmarks are on track for their strongest weekly gains since July. WTI traded near...
Oil prices tumble, IEA slashes 2026 global demand forecast
WTI crude oil futures fell 2.37% on Friday. The contract settled at $100.05 a barrel. Brent crude dropped 2.81% to $104.61. These declines pulled prices back...