Hormuz Risk Premium Returns as Weak Demand Caps Oil's Weekly Rebound
Markets

Hormuz Risk Premium Returns as Weak Demand Caps Oil's Weekly Rebound

WTI is up more than 5% this week after stalled U.S.-Iran talks restored the Strait of Hormuz risk premium, but a huge U....

Yael Ben-David 👁 75 💬 0
National Diesel Average Falls 9.1 Cents to $5.257 After Four-Week Run
Logistics

National Diesel Average Falls 9.1 Cents to $5.257 After Four-Week Run

Diesel eased 9.1 cents to $5.257 after a four-week climb, but WTI's rise to $82.95 keeps the annual fuel-cost increase a...

Eoin McCarthy 👁 33 💬 0
WTI Crude Sinks 10% as Hormuz Talks Fuel Hopes, but Supply Risks Persist
Energy

WTI Crude Sinks 10% as Hormuz Talks Fuel Hopes, but Supply Risks Persist

Oil markets priced in a breakthrough over the Strait of Hormuz this week, sending WTI down sharply. Yet physical exports...

Aoife Keane 👁 41 💬 0