35 stories tagged #West Texas Intermediate

  1. Oil Prices Surge After U.S. Launches New Strikes on Iran
    finance

    Oil Prices Surge After U.S. Launches New Strikes on Iran

    Crude oil prices jumped over 1% after the U.S. military began fresh strikes against Iran, disrupting hopes for reopening the critical Strait of Hormuz.

    5d ago 1 min read
  2. US Oil Prices Surge After Military Strikes Against Iran
    world

    US Oil Prices Surge After Military Strikes Against Iran

    U.S. crude prices jumped nearly 3% following U.S. military strikes against Iran, escalating tensions and raising fears of oil supply disruptions.

    6d ago 1 min read
  3. Oil Surges After U.S. Revokes Iran License, Strait of Hormuz Attacks
    finance

    Oil Surges After U.S. Revokes Iran License, Strait of Hormuz Attacks

    Oil prices jumped over 4% after the U.S. revoked a key license for Iranian oil sales and reports of tanker attacks in the strategic Strait of Hormuz.

    6d ago 1 min read
  4. U.S. Oil Stockpiles Hit Lowest Since 2004 Amid Middle East Tensions
    finance

    U.S. Oil Stockpiles Hit Lowest Since 2004 Amid Middle East Tensions

    U.S. crude inventories fell 10.6 million barrels last week to 1.57 billion, the lowest since 2004, as the government intervenes to curb surging prices from Middle East supply disruptions.

    last mo. 1 min read
  5. Oil Drops, Markets Surge on US-Iran Ceasefire Optimism
    finance

    Oil Drops, Markets Surge on US-Iran Ceasefire Optimism

    European and Asian markets rally as a tentative 60-day ceasefire deal between the US and Iran is reached. Oil slides on hopes of Strait of Hormuz reopening.

    last mo. 2 min read
  6. US Conducts Fresh Strikes on Iranian Military Site
    world

    US Conducts Fresh Strikes on Iranian Military Site

    US military strikes Iranian site threatening forces and Strait of Hormuz shipping, oil prices rise above $90.

    last mo. 1 min read
  7. Oil Prices Slide as Trump Calls Off Planned Military Strike on Iran
    world

    Oil Prices Slide as Trump Calls Off Planned Military Strike on Iran

    Brent crude drops 1.33% after Trump postpones Iran attack. IEA warns oil inventories depleting rapidly amid Gulf supply disruptions.

    last mo. 1 min read
  8. US Crude Falls Over 1% as Traders Assess Strait of Hormuz Risks
    world

    US Crude Falls Over 1% as Traders Assess Strait of Hormuz Risks

    Oil prices eased as a Maersk ship crossed the Strait of Hormuz with US military support, easing supply fears.

    2mo ago 1 min read