75 stories tagged #Crude oil

  1. US crude stocks plunge 8 million barrels as export demand surges
    finance

    US crude stocks plunge 8 million barrels as export demand surges

    US crude inventories fell by nearly 8 million barrels, double expectations, driven by record exports and strong refinery activity amid geopolitical shifts.

    1h ago 1 min read
  2. Oil Prices Surge Over 2% as Israel Expands Lebanon Operations
    world

    Oil Prices Surge Over 2% as Israel Expands Lebanon Operations

    Oil prices spike after Israel orders troops deeper into Lebanon, defying a fragile ceasefire with Hezbollah.

    2d ago 1 min read
  3. Goldman Warns of Oil Supply Shock as Strait of Hormuz Disruptions Mount
    finance

    Goldman Warns of Oil Supply Shock as Strait of Hormuz Disruptions Mount

    Goldman Sachs warns of a potential supply shock from Strait of Hormuz disruptions, risking higher oil and gas prices and demand destruction.

    4d ago 1 min read
  4. S&P 500 Set for Ninth Straight Weekly Gain on Iran Truce Hopes
    finance

    S&P 500 Set for Ninth Straight Weekly Gain on Iran Truce Hopes

    Wall Street rallies as crude eases on potential US-Iran ceasefire extension; S&P 500 eyes longest winning streak since 2023.

    5d ago 1 min read
  5. Indonesia and India Intervene as Oil Surge Batters Asian Currencies
    finance

    Indonesia and India Intervene as Oil Surge Batters Asian Currencies

    Bank Indonesia raised rates and spent billions to defend the rupiah. India also intervened as Middle East tensions fueled a dollar flight.

    5d ago 1 min read
  6. Iran Missile Strike on US Base Risks Oil Market Shockwaves
    crypto

    Iran Missile Strike on US Base Risks Oil Market Shockwaves

    Iran's IRGC targeted a US airbase in retaliation for strikes near Bandar Abbas, raising fears of instability in the Strait of Hormuz and global markets.

    6d ago 1 min read
  7. Crypto Markets Lose $80B After US Strikes on Iran
    crypto

    Crypto Markets Lose $80B After US Strikes on Iran

    US military strikes on Iran trigger $80 billion crypto sell-off. Bitcoin falls to $72,646, geopolitical risk roils markets.

    6d ago 1 min read
  8. U.S. Strikes Iran Again After Trump Denies Hormuz Deal; Oil Rebounds
    world

    U.S. Strikes Iran Again After Trump Denies Hormuz Deal; Oil Rebounds

    U.S. strikes Iranian drone operations in Bandar Abbas, hours after Trump dismisses deal reports. Oil prices bounce back above $90.

    6d ago 1 min read