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🔴 Crude Oil is trading 3.12% down today after a surprise 17.4 million-barrel U.S. inventory build
Crude Oil is trading 3.12% down now at $80.67 after the EIA reported a surprise 17.4 million-barrel increase in U.S. commercial crude inventories to 424.4...
Crude Oil Prices Tumble on Demand Worries and Surprise Inventory Build
WTI crude oil futures fell sharply after the U.S. Energy Information Administration (EIA) reported a substantial and unexpected build in commercial crude...
Crude Oil Tumbles on Demand Worries and Swelling US Stockpiles
WTI crude oil prices have fallen sharply after both OPEC and the International Energy Agency (IEA) lowered their forecasts for global oil demand growth in...
U.S. Crude Stocks Surge 17.4 Million Barrels, Dragging Oil Prices Lower
U.S. commercial crude oil inventories rose by 17.4 million barrels for the week ending August 7, 2026. The Energy Information Administration (EIA) reported the...
Crude Oil Surges on Fading Hopes for US-Iran Deal
WTI crude oil futures jumped over 2% as optimism for a swift U.S.-Iran peace agreement faded, raising concerns about the continued closure of the Strait of...
🟢 Crude Oil is trading 3.15% up today as Iran added Hormuz reopening conditions
Crude Oil is trading 3.15% up now at $80.64 after Iran reportedly attached additional conditions to reopening the Strait of Hormuz, including compensation and...
Crude Oil Jumps on Heightened Strait of Hormuz Tensions
WTI crude oil prices surged over 2% due to renewed uncertainty regarding the reopening of the Strait of Hormuz, a critical channel for global oil supplies....
Crude Oil Surges on Strait of Hormuz Reopening Uncertainty
WTI crude oil futures jumped over 2% in pre-market trading as uncertainty intensified regarding the reopening of the crucial Strait of Hormuz. Reports indicate...
U.S.-Israel Strikes on Iran Could Send Crude Past $100 — How High Can the War Premium Go?
Reports that the United States and Israel are in advanced planning stages for a bombing campaign against Iranian energy infrastructure have thrust crude oil...
🟢 Crude Oil is trading 3.2% up today as Strait of Hormuz reopening remains uncertain
Crude Oil is trading at $77.64, up 3.22%, as Strait of Hormuz reopening remains uncertain. - Rebounded after three consecutive losing sessions as geopolitical...
Crude Oil Tumbles on Hopes of US-Iran Deal to Reopen Strait of Hormuz
WTI crude oil futures fell sharply after U.S. Treasury Secretary Scott Bessent indicated that an agreement with Iran to reopen the Strait of Hormuz could be...
🔴 Crude Oil is trading 3.7% down today as Iran war fears ease and OPEC+ raises supply
Crude Oil is trading 3.7% down at $77.35 after a sharp unwinding of the geopolitical risk premium and news of upcoming supply increases. • President Trump...
U.S. and Israel Prepare Iran Energy Strikes, Threatening Global Oil Supply
The United States and Israel are planning a bombing campaign against Iranian energy infrastructure, with strikes possible as early as this weekend. Proposed...
🔴 Crude Oil is trading 5.6% down today as Saudi and UAE boost exports
Crude Oil is trading 5.6% down at $79.90 after fresh data showed Saudi Arabia and the UAE increased exports, easing supply fears that had previously supported...
🔴 Crude Oil is trading 5.6% down today as rebounding Saudi and UAE exports ease supply fears
Crude Oil is trading 5.6% down now at $79.96 after rebounding shipments from Saudi Arabia and the UAE eased supply concerns that had previously driven prices...
Saudi Arabia Leads 14-Nation Naval Alliance, Securing Red Sea Energy Routes
Saudi Arabia established a 14-nation maritime defense coalition to protect commercial shipping and energy supplies. The alliance includes Turkey, Pakistan, and...
Crude Oil Surges on Escalating U.S.-Iran Tensions and Supply Fears
WTI crude oil prices rose over 2% due to heightened geopolitical risk amid an escalating conflict between the United States and Iran, sparking fears of...
Crude Oil Surges on Escalating U.S.-Iran Tensions
WTI crude oil futures jumped over 2% in the pre-market session amid heightened fears of supply disruptions from the Middle East. Fresh U.S. strikes on Iranian...
BP exits North Sea oil after 60 years, to reduce debt
BP launched a formal process to sell its entire North Sea oil and gas business. This move ends more than 60 years of company operations in the region. CEO Meg...
Crude Oil Prices Surge on Renewed Middle East Hostilities
WTI crude oil futures jumped over 6% after the United States and Saudi Arabia conducted joint airstrikes against Iran-aligned forces in Iraq. This followed the...