Oil tops $105 as Saudi Arabia cancels crude cargoes after pipeline shutdown
Oil prices jumped Tuesday after Saudi Arabia reportedly cancelled some September crude cargoes following a drone strike that shut its…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Oil tops $106 as Saudi pipeline halt and Libya outages stoke supply fears
Oil surged past $106 a barrel on Tuesday after Saudi Arabia suspended loadings at its Red Sea port of Yanbu…
Saudi Pipeline Shutdown Pushes Oil Prices Higher as Middle East Conflict Widens
Brent and WTI crude futures jumped Tuesday after Saudi Arabia's East-West pipeline stayed shut following a drone attack on its…
Saudi Crown Prince Visits Egypt as Houthi Attacks on Kingdom Intensify
Houthi missile and drone attacks wounded 13 people in Saudi Arabia this week, forcing the kingdom to shut a key…
Iraq’s oil revenue collapses 84% as Strait of Hormuz crisis chokes exports
Iraq's monthly oil revenue collapsed 84%, from $6.8 billion to $1.1 billion, after the Strait of Hormuz crisis cut off…
