Oil’s War Premium Unwinds Faster Than Gulf Supply Can Recover
West Texas Intermediate fell to $80.52 on Wednesday, its third straight down session, as diplomatic progress on reopening the Strait…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
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Aramco routes Saudi crude to China through ship-to-ship transfers outside Hormuz
Saudi Aramco is routing more crude oil to Asia through ship-to-ship transfers outside the Strait of Hormuz rather than sending…
US Energy Secretary Says Military Option to Strike Iran’s Nuclear Sites Remains Open
US Energy Secretary Chris Wright says Washington prefers a diplomatic resolution to the standoff over Iran's nuclear program, but confirms…
Oil Drops as Iran and Oman Advance Temporary Hormuz Shipping Corridor
Brent crude fell for a third straight session as Iran and Oman advanced a temporary shipping corridor through the Strait…
Russia’s petroleum output falls 19.3% in July as drone strikes hit refineries
Russia's output of petroleum products and coke fell 19.3% year-on-year in July, Rosstat data showed, a smaller drop than June's…
