Oil rose in early trade amid escalating concerns over supply disruptions in the Middle East.
WTI crude oil is testing key resistance after a strong recovery, with a breakout potentially opening the path toward higher Fibonacci targets.
U.S. and Iran continue fighting, but traders believe they could start negotiations soon.
Laying out the bull and bear scenarios for oil. And when the stock market could be impacted.
Oil markets balance weaker OPEC demand forecasts with Middle East supply risks. Discover the latest forecasts for WTI, Brent and natural gas.
Oil rose in the early Asian trade amid prospects of an escalating Middle East conflict.
Energy Department says operational minimum for the storage caverns is about 70 million barrels, a level far lower than oil industry estimates
Oil markets are losing ground as traders take profits after the strong rally.

U.S. Crude Oil Stockpiles Post Weekly Withdrawal

12:03pm, Wednesday, 15'th Jul 2026
Commercial crude oil stocks fell by 1.7 million barrels last week. Analysts expected crude stocks to decline by 900,000 barrels.
The crude oil markets are trying to stabilize early on Wednesday as we are looking at the Middle East for the latest headlines. War will continue to be the biggest driver of risk appetite.
The global economy has less capacity to cushion the blow from a reduction in energy supplies moving through the Strait of Hormuz as the U.S. and Iran resume hostilities, the International Monetary Fun
China's fuel oil demand is set for a long road to recovery after imports ​touched a record monthly low as refiners cut output and opted for cheaper crude in the ‌wake of the U.S.-Iran war, industr
OPEC cut its 2026 oil demand outlook again as Middle East risks persist. WTI eyes $80, Brent targets $87.34, while natural gas tests $2.94 resistance.
Oil prices rose after U.S. forces struck Iranian targets and Washington reinstated its naval blockade of Iranian ports. The U.S. struck missile and drone facilities, naval assets and coastal defense s
Crude oil is showing early signs of a bullish trend reversal after breaking key resistance levels, with traders watching whether momentum can extend toward higher targets.
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