31 stories tagged #West Texas Intermediate

  1. Oil Prices Surge on Saudi Facility Strikes Amid Hormuz Tensions
    finance

    Oil Prices Surge on Saudi Facility Strikes Amid Hormuz Tensions

    Global oil prices climbed Friday due to attacks on Saudi energy infrastructure and ongoing concerns over the Strait of Hormuz closure, despite a fragile U.S.-Iran ceasefire.

    last mo. 1 min read
  2. US Crude Prices Plummet as Trump Announces Iran Ceasefire
    finance

    US Crude Prices Plummet as Trump Announces Iran Ceasefire

    West Texas Intermediate crude dropped nearly $20 per barrel following President Trump's announcement of a two-week ceasefire with Iran, contingent on the reopening of the Strait of Hormuz.

    2mo ago 1 min read
  3. Trump Announces Ceasefire Deal, Crude Plunges Below $100
    finance

    Trump Announces Ceasefire Deal, Crude Plunges Below $100

    US crude drops sharply after Trump agrees to two-week Iran ceasefire, easing oil market fears.

    2mo ago 1 min read
  4. US Oil Plunges as Iran Strait Deadline Looms
    finance

    US Oil Plunges as Iran Strait Deadline Looms

    WTI crude crashes 3.94% to $108.50 per barrel amid escalating Iran-US tensions over Strait of Hormuz access.

    2mo ago 1 min read
  5. Gas Prices Surge Past $1.75/L in Alberta Amid Middle East Tensions
    finance

    Gas Prices Surge Past $1.75/L in Alberta Amid Middle East Tensions

    Oil prices near $114/barrel as Alberta drivers face record gasoline costs. Calls mount for tax relief, but officials cite fiscal rules and risk of higher demand.

    2mo ago 2 min read
  6. Oil Prices Surge After Houthi Attacks Widen Middle East Conflict
    world

    Oil Prices Surge After Houthi Attacks Widen Middle East Conflict

    Brent crude jumps 2.81% to $115.73 as Yemen's Iran-aligned Houthis target Israel, escalating regional tensions.

    2mo ago 1 min read
  7. Oil Prices Surge Amid Middle East Tensions
    finance

    Oil Prices Surge Amid Middle East Tensions

    Brent and WTI crude rise as ceasefire hopes fade, supply disruptions escalate, and global reserves face pressure from geopolitical strife.

    2mo ago 1 min read
  8. Oil Prices Whipsaw Amid Middle East War and Sanctions Shift
    finance

    Oil Prices Whipsaw Amid Middle East War and Sanctions Shift

    Oil markets swing as U.S.-Iran tensions threaten Gulf energy infrastructure while Iranian exports surge amid temporary sanctions relief.

    2mo ago 1 min read