U.S. Strategic Oil Reserve Drops Below 300 Million Barrels for First Time in Over 40 Years
Energy

U.S. Strategic Oil Reserve Drops Below 300 Million Barrels for First Time in Over 40 Years

America’s emergency crude stockpile has fallen to 298.7 million barrels after massive releases ordered during the Iran c...

Aoife Keane 👁 69 💬 0
Oil Prices Surge Nearly 5% as Hormuz Opening Hopes Collapse Under Iran-US Demands
Energy

Oil Prices Surge Nearly 5% as Hormuz Opening Hopes Collapse Under Iran-US Demands

Brent and WTI crude jump more than 4 dollars a barrel after Iran ties any reopening of the Strait of Hormuz to lifting U...

Aoife Keane 👁 63 💬 0
Oil Edges Higher After 5% Surge as Iran-US Standoff Keeps Hormuz Jitters Alive
Energy

Oil Edges Higher After 5% Surge as Iran-US Standoff Keeps Hormuz Jitters Alive

Brent hovered near $87.8 a barrel in early Tuesday trading, adding to Monday’s sharp gains, as clashing demands between ...

Aoife Keane 👁 60 💬 0
Oil Prices Fall as Hormuz Shipping Recovers, Easing Supply Fears
Markets

Oil Prices Fall as Hormuz Shipping Recovers, Easing Supply Fears

WTI and Brent crude fell on Friday as shipping through the Strait of Hormuz recovered to 30-35% of pre-conflict levels, ...

Yael Ben-David 👁 30 💬 0