Oil Prices Spike as Iran Declares Strait of Hormuz Closed
Oil prices surged again in early Asian trade on Thursday after Iran declared the Strait of Hormuz closed…
Oil Prices Dip as Israel-Lebanon Ceasefire Revives Iran Deal Hopes
Oil prices were under pressure in early Asian trade on Thursday following the announcement of a ceasefire agreement…
Oil Prices Climb as U.S. Strikes Tanker and Downs Iranian Drones
Oil prices rose in early Asian trade on Wednesday after yet another escalation in the Middle East, with…
Volatility Spikes as Iran Diplomacy Collides With Hormuz Fears
July WTI crude oil delivered a volatile week as traders aggressively repriced geopolitical risk and then rapidly removed…
Oil Prices Edge Higher as Iran Deal Doubts Resurface
Oil prices edged higher in early Asian trade on Thursday, rebounding from the previous session’s steep selloff, as…
The Cushion Is Gone and the Oil Market Is Now Exposed
The global oil market has been on a rollercoaster since late February, but the price reaction to the…
Oil Prices Sink After Zelenskyy Agrees to Work on Peace Deal
Oil prices extended a multi-session slide in early Asian trading on Friday, weighed down by news of Zelenskyy…
Oil Steadies as Traders Weigh US Stockpiles and Supply Outlook
An oil pumping jack in an oil field in Kansas, U.S. Photographer: Angus Mordant/Bloomberg (Bloomberg) — Oil extended…
Oil Prices Remain Elevated as Traders Brace for Volatile Week
Oil prices held onto recent gains in early Asian trading on Wednesday, buoyed by a complex mix of…
Oil Rises on Signs of Tight Supply, Robust Demand in Near Term
(Bloomberg) — Oil rose amid signs of tighter supplies in the near term and on stronger demand signals…