Brent crude ‌for prompt delivery traded this week below contracts for delivery as far as six months into the future, the latest sign that increasing shipments through the Strait of Hormuz have cause
The world is pricing in peace in the oil markets but also covering bets as we are heading into a three-day weekend.
The Iran war has created the largest oil supply shock ever in terms of daily production losses but the 1979 Iranian Revolution remains the biggest oil crisis by cumulative supply loss, according to Re
U.S. oil companies are set to report their strongest quarterly profits in years, courting a possible clash with President Donald Trump, who has been pressing his ​longtime ally Big Oil to bring down
Traders on the prediction market Polymarket see a real chance that oil prices fall further this month, having already retreated to levels last seen before the Iran war. The market, which asks what pri
Canada announced plans to build a new oil pipeline from Alberta to the Pacific coast, which would give the world's fourth-largest oil producer greater ‌capacity to export to Asia and ease its relian
Oil prices rose slightly on Friday before a long holiday weekend in the U.S. as wary optimism held ​over efforts to make peace in the Middle East ‌between the United States and Iran.
Oil fell in early trade as concerns over supply disruptions in the Middle East continue to ease.
Crude oil is testing a critical long-term support zone, where renewed buying could complete the current pullback and lay the groundwork for another bullish advance.
Oil markets gain some ground, supported by the pullback of the American currency.
Oil prices have finally fallen back to pre-Iran war levels — but the crude market is far from seeing a normalization of shipping, oil supplies and demand that such a big retreat implies.
The oil market has gapped lower to kick off the trading session here on Thursday.
Hedge funds trading stocks ​finished June with double-digit returns for the year so far, helped by their ability ‌to successfully navigate already crowded trades, according to a Goldman Sachs clie
To say the least, the light sweet crude oil market has been very noisy during the first half of the year, which has me thinking about a few scenarios for the rest of this year.
UBS on Thursday reduced its oil price forecasts for this year and next as oil flows through the Strait of Hormuz picked up, with ​transits recovering to about 50% of pre-conflict levels and Iranian
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