Oil Prices Rally as U.S.-Iran Tensions Escalate
The price of oil has been driven higher by the latest round of escalations in the Middle East,…
Oil Prices Steady as Traders Balance Diplomatic Progress With Physical Shortages
Oil prices were flat in early Asian trade on Thursday as tentative signs of diplomatic progress between Washington…
Which countries are most vulnerable as US imposes its own blockade in Persian Gulf?
As the US imposes its own blockade on shipping through the Strait of Hormuz following the collapse of…
Oil Prices Climb Toward $100 as Iran Ceasefire Doubts Deepen
Oil prices were climbing back toward the $100 mark in early Asian trade on Friday as traders weighed…
Oil Prices Plunge Below $100 as Trump Announces Iran Ceasefire
Oil prices plunged below $100 in early Asian trading on Wednesday after President Trump announced a conditional two-week…
U.S. Oil Premiums Hit Record High as World Scrambles for Crude
The premiums for U.S. West Texas Intermediate crude have soared in the spot market to a record high…
OPEC Commits to Boost Output Once Hormuz Reopens
OPEC on Sunday agreed to boost oil production by another 206,000 barrels daily, which will be theoretical only…
Oil Rally Accelerates as Traders Price in Real Supply Disruption
May WTI crude oil surged sharply in the holiday-shortened week ending April 3, settling at $111.54, up $11.90…
Oil Prices Surge 6% as Trump Signals Prolonged Iran Conflict
Oil prices surged in early Asian trade on Thursday after President Trump signaled that Washington would continue its…
Oil Set to Book Record Monthly Gain on Iran Crisis
Oil prices are about to log their biggest monthly rise on record following Houthi attacks on Israel and…
Oil Climbs on Fears of Multi-Front Supply Shock
Oil prices had another volatile start to the week before breaking out due to a combination of military…
Macquarie: Two More Months of War Could Send Oil to $200
Oil prices could hit a record $200 per barrel if the war in the Middle East drags on…