Oil rises after US threatens indefinite blockade of Iran
Oil prices rose Friday after the United States said it could keep a naval blockade of Iran running indefinitely and…
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
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Hormuz Standoff Raises Risk of $120-140 Oil as Refined Fuels Tighten
Traffic through the Strait of Hormuz has fallen to two-month lows as the standoff between the U.S. and Iran drags…
UAE’s Adnoc reports two vessels attacked in Hormuz as oil prices fall
ADNOC says two of its vessels came under attack in the Strait of Hormuz, yet oil prices fell on Thursday…
Gold Pulls Back From Two-Month High as Soft PPI Data Cools Fed Rate-Hike Bets
Gold slipped on Thursday after touching a fresh two-month high earlier in the session, as traders booked profits following a…
Oil settles down more than 2% on weak demand outlook and hefty US crude build
Oil settled down more than 2% on Thursday as OPEC and the IEA cut their demand forecasts and US crude…
