Oil Rangebound After Strait Attacks, Suspicions That U.S./Iran Peace Is Unfeasible
Meanwhile, the IEA sees a contraction of oil demand this year: File Image/Pixabay
Oil eked out…
Iran Detains Tanker Sanctioned by US for Carrying Iranian HSFO
The IRGC Navy seized the 72,768 DWT tanker Ocean Koi in the Gulf of Oman on Friday.…
Iran Fires on Second Vessel in Strait of Hormuz: UKMTO
The ship came under attack about eight nautical miles west of Iran on its way out of…
Oil Extends Gains, Market Anticipates U.S. Government Reopening Will Boost Demand
Meanwhile, Nigeria hopes oil investment will result in a $1 trillion economy: File Image/Pixabay For a second…
Oil Market In The Dumps As Analysts Hope For Good News From India, U.S.
An end to the U.S. government shutdown is also keenly anticipated: File Image/Pixabay The familiar battle for…
Oil Reverses Course – Barely – As Investors Reconsider Glut Hysteria
Meanwhile, Washington aims to restock its Strategic Petroleum Reserve – somewhat: File Image/Pixabay Oil investors on Tuesday…
Chronic Bearish Sentiment Drives Oil Down To Five Month Lows
The U.S. benchmark entered contango for the first time since January of 2024: File Image/Pixabay The new…
Die-Hard Bears Drag Oil To 3% Weekly Loss On Glut Fears And Easing Of Political Tensions
Meanwhile, India refutes claims it has begun reducing oil imports from Russia: File Image/Pixabay Oil on Friday…
Oil Holds Five Month Low Along With Fears Of China/U.S. Tensions, Global Glut
Meanwhile, India claims to reverse course on Russian oil purchases: File Image/Pixabay For a second consecutive session,…
Oil Rebounds As India Tariffs Prove No Match Against Declining U.S. Crude Stocks
Analysts anticipate a busy holiday weekend of travel in the U.S.: File Image/Pixabay Despite concerns over U.S.…
Oil Sheds 2% As U.S. Tensions With Russia, India Escalate
India’s tariffs are set to double to 50% starting tomorrow: File Image/Pixabay After four consecutive sessions of…
Oil Posts Daily, Weekly Gains On Stockpile Draw And Possible Fed Rate Cut
But news from Germany was said to have capped Friday’s gains: File Image/Pixabay Despite widespread bearish sentiment…