Oil Jumps Above $85 as Hormuz Reopening Pessimism Deepens
Energy

Oil Jumps Above $85 as Hormuz Reopening Pessimism Deepens

Brent closes at $87.72 and WTI at $82.13 after Houthi attacks and a US-Iran standoff fuel supply fears. Skepticism over ...

Aoife Keane 👁 82 💬 0
Hormuz Strait Uncertainty Keeps Oil Market Under Pressure as Iran Proposes Fees and Restrictions
Energy

Hormuz Strait Uncertainty Keeps Oil Market Under Pressure as Iran Proposes Fees and Restrictions

Oil futures climbed on Friday after Tehran's plan to impose fees and block 'hostile' vessels from transiting the Strait ...

Aoife Keane 👁 41 💬 0
Petrobras Posts R$52.4bn Q2 Profit, Nearly Doubling Year-Ago, on Soaring Oil Prices
Companies

Petrobras Posts R$52.4bn Q2 Profit, Nearly Doubling Year-Ago, on Soaring Oil Prices

Petrobras reported net profit of R$52.4 billion for Q2 2026, a 96.8% jump, fueled by a 54% surge in Brent crude prices a...

Declan Byrne 👁 29 💬 0
Oil Prices Rebound 1% as Iran Denies US Talks, Reviving Supply Concerns
Energy

Oil Prices Rebound 1% as Iran Denies US Talks, Reviving Supply Concerns

Brent and WTI rebound after Iran's foreign ministry denies any talks with Washington, reviving fears over Gulf shipping ...

Aoife Keane 👁 42 💬 0
Oil Slides More Than 5% As Trump Calls Off Iran Strike
Markets

Oil Slides More Than 5% As Trump Calls Off Iran Strike

Crude futures tumbled after President Trump said he canceled a planned strike on Iran, as investors unwound geopolitical...

Yael Ben-David 👁 39 💬 0
Oil Prices Slide More Than 5% After Trump Holds Off on Iran Strike
Energy

Oil Prices Slide More Than 5% After Trump Holds Off on Iran Strike

Brent and WTI fell sharply on Monday as Donald Trump stepped back from a new strike on Iran to leave room for nuclear ta...

Aoife Keane 👁 41 💬 0
Oil Slips More Than $1 as Strait Flows Rise, Yet Heads for 20% Monthly Surge
Markets

Oil Slips More Than $1 as Strait Flows Rise, Yet Heads for 20% Monthly Surge

Brent and WTI eased on Friday as more tankers moved through Middle East chokepoints, but both benchmarks remain on track...

Yael Ben-David 👁 39 💬 0
Brent Holds Gains, WTI Slips as Oil Market Weighs US Strikes on Iran
Energy

Brent Holds Gains, WTI Slips as Oil Market Weighs US Strikes on Iran

Oil prices saw muted moves Thursday after the steepest rally in months, as traders assessed US airstrikes on Iran agains...

Aoife Keane 👁 46 💬 0
Crude Oil Slides 7% as US-Iran Strikes Pause, Brent Dips Below $90
Markets

Crude Oil Slides 7% as US-Iran Strikes Pause, Brent Dips Below $90

Oil prices fell sharply in early Asian trading after the US and Iran halted attacks, with Brent briefly trading below $9...

Yael Ben-David 👁 38 💬 0
Strait of Hormuz Reopening Now Seen Pushed to 2027, Analysts Warn, Prolonging Oil Supply Disruption
Energy

Strait of Hormuz Reopening Now Seen Pushed to 2027, Analysts Warn, Prolonging Oil Supply Disruption

Kpler analyst Matt Smith says the Strait of Hormuz is unlikely to reopen before 2027, keeping 15 million b/d of crude of...

Aoife Keane 👁 47 💬 0
Ruble Edges Higher Against Yuan as Oil Rally and Tax Payments Lend Support
Markets

Ruble Edges Higher Against Yuan as Oil Rally and Tax Payments Lend Support

The Russian ruble strengthened moderately against the Chinese yuan on Tuesday, aided by rising oil prices and upcoming t...

Yael Ben-David 👁 61 💬 0