Oil Climbs 1% but Weekly Rout Exposes Hormuz Deal Anxiety
Energy

Oil Climbs 1% but Weekly Rout Exposes Hormuz Deal Anxiety

Brent and WTI edged higher on Friday but remained on track for a second straight weekly decline of over 7% as traders wa...

Aoife Keane 👁 37 💬 0
Brent Crude Drops to $78.5 on US-Iran Shipping Talks and Inventory Build
Markets

Brent Crude Drops to $78.5 on US-Iran Shipping Talks and Inventory Build

Brent crude fell over 1% to $78.50 a barrel on Wednesday, reversing earlier gains, as markets reacted to reports of US-I...

Yael Ben-David 👁 35 💬 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 👁 43 💬 0
Oil Prices Drop 5% as Qatar, Bessent Signal Possible US–Iran Deal on Hormuz
Energy

Oil Prices Drop 5% as Qatar, Bessent Signal Possible US–Iran Deal on Hormuz

Brent and WTI hit three-week lows after Qatari mediators and U.S. Treasury Secretary Scott Bessent raised hopes a diplom...

Aoife Keane 👁 41 💬 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 Settles Higher and Caps Strong July as Hormuz Shipping Signals Diverge
Markets

Oil Settles Higher and Caps Strong July as Hormuz Shipping Signals Diverge

Brent settled above $90 and WTI near $85, closing out a month of steep gains, as conflicting reports about tanker moveme...

Yael Ben-David 👁 29 💬 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 👁 40 💬 0
Brent Crude Dips to $87.33 on Signs of Uninterrupted Gulf Oil Supply
Markets

Brent Crude Dips to $87.33 on Signs of Uninterrupted Gulf Oil Supply

Brent crude fell 1.9% to $87.33 as rising tanker movements through the Strait of Hormuz and a Saudi-led maritime defense...

Yael Ben-David 👁 34 💬 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