Bessent to unveil ‘toughest sanctions in history’ against Iran on Monday
Treasury Secretary Scott Bessent will hold a press conference Monday to lay out what he calls the toughest economic isolation…
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%
Refining margins hit record highs as U.S.-Iran standoff squeezes fuel supply
Refining margins for diesel and gasoline have climbed to record or near-record levels even as crude oil trades around $90…
Trump Announces New Economic Operation Against Iran as Ukraine Strikes Russian Oil Sites
President Trump has announced a new economic operation against Iran while Ukraine struck two Russian oil sites overnight, adding a…
Oil’s futures curve slips into backwardation as diesel cracks hit $100 a barrel
Oil's futures curve has swung into backwardation, with near-term contracts trading above longer-dated ones as diesel margins hit historic highs….
Oil Nears $90 as Tight Refining Capacity Squeezes Diesel Prices
Crude climbed further, pushing oil back toward the $90 level, while pump prices have yet to catch up. The report…
