US diesel reserves fall near 23-year lows as crack spread hits record $102
US diesel inventories have dropped near 23-year lows while the front-month NYMEX heating oil/WTI crack spread hit a record $102…
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
Brent Crude Oil
live price
97.939
+0.01%
Iran keeps Hormuz shut as Trump says no talks with Tehran are scheduled
Iran says the Strait of Hormuz stays closed until the US meets a list of conditions, even as President Trump…
Tanker rates top $500,000 a day as Gulf producers reroute oil around Hormuz
Supertanker rates on the Gulf-to-China route have shot past $500,000 a day as shippers find workarounds to avoid the Strait…
Brent Crude Breaks $90 as Treasury Yields Surge Toward 4.75%
Brent crude pushed decisively above $90 a barrel after the 60-day US-Iran ceasefire framework expired without a diplomatic path forward….
Rystad Cuts Russian Crude Forecast to 8.95 Million Barrels a Day
Rystad Energy has lowered its forecast for Russian crude output, pointing to sanctions, drone attacks on export infrastructure and shrinking…
