WTI surges as Hormuz and Red Sea threats box in Saudi crude exports
WTI crude jumped 12.89% this week as traders priced in simultaneous threats to the Strait of Hormuz and the Bab…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
live price
91.716
-0.53%
S&P 500 futures steady after oil-driven selloff as Brent holds near $100
S&P 500 futures steadied early Friday after a tough session driven by a spike in oil prices and weak megacap…
Oil retreats as risk premium unwinds, with Brent down 3.8% to $96.89
Brent crude fell 3.8% to $96.89 a barrel as the risk premium built up over weeks of Middle East supply…
Oil Heads for Double-Digit Weekly Gain as Red Sea Attacks and Kazakh Output Cuts Squeeze Supply
Oil headed for a weekly gain after Houthi strikes on Red Sea tankers stoked fears that a second shipping chokepoint…
OPEC+ set to lift September output by 188,000 bpd as Brent tops $100
OPEC+ is expected to raise its September output target by about 188,000 bpd at its August 2 meeting, holding to…
