Oil Seesaws as Hormuz Deal Hopes Clash With Houthi Tanker Attacks
Oil prices swung Wednesday as hopes for a U.S.-Iran deal to reopen the Strait of Hormuz collided with new Houthi…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Houthis Claim Missile Strikes on Two Saudi Oil Tankers in Red Sea, Gulf of Aden
Yemen's Houthi movement said it fired missiles at two Saudi oil tankers on Wednesday, one off the Red Sea port…
US distillate fuel exports hit record 1.9 million barrels per day
The US shipped a record 1.9 million barrels per day of distillate fuel last week as domestic inventories kept falling,…
Gold jumps 4.09% to nearly seven-week high on Iran shipping talks
Spot gold jumped 4.09% to $4,242.92 an ounce on Wednesday, its highest level in almost seven weeks, after Reuters reported…
Saudi Aramco’s Record Profit Masks a Widening Cash Flow Gap
Saudi Aramco posted record second-quarter 2026 profit, but its free cash flow covered only around half of what it owes…
