A drone strike that damaged two gas tankers in Egyptian waters has renewed energy security concerns about the nearby Suez Canal and a related pipeline, a vital export route for Saudi Arabian oil since
Crude oil drifts a bit lower in early trading on Thursday, as we continue to see the market look for clarity coming out of the Middle East. At this point, we are trying to figure out our next move.
WTI and Brent extend their recovery as global supply disruptions persist, while natural gas faces key resistance despite improving momentum.
Middle East supply risks support oil prices as WTI rebounds from key support and Brent targets a potential breakout above $100.
Oil prices gave up some of their gains on Thursday as oil tankers continued to make their way out of the Middle East even as tensions there escalated, with the ​U.S.-Iran war spreading beyond its ma
Oil futures edged lower in early Asian trade on a possible technical correction after Wednesday's strong gains.
Energy Secretary Chris Wright said that a new $100 billion data center campus built by NextEra energy and Brookfield will be powered by a nuclear and gas supply built on federal lands and will provide

U.S. Crude Oil Stockpiles Fall More Than Expected

11:28am, Wednesday, 29'th Jul 2026
Commercial crude oil inventories fell by 7.2 million barrels to 404.5 million barrels in the week ended July 24, the EIA said. Crude stockpiles were expected to have fallen by 600,000 barrels, accordi
The oil markets have jumped again, as the Iranian attacks on a US base elevate the risk of escalation yet again in the war. The Strait of Hormuz is still closed.
Sustained high crude oil prices could pressure India's fiscal ​deficit and current account balance again, ‌a finance ministry report said on Wednesday.
A government audit into the operations of French-British oil company Perenco in Democratic Republic of Congo found it ​responsible for polluting the environment with potentially harmful effects ‌o
Oil prices climbed more than 3% as a fresh round of fighting across the Middle East undermined diplomatic efforts to end a five-month-old conflict that has roiled energy markets.
SK Hynix sells off after earnings disappoint
OPEC+ prepares for another production increase as LNG supply risks and Middle East tensions keep energy markets in focus. Explore WTI, Brent and natural gas.
Oil rose in early trade on renewed supply-disruption concerns.
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