Two ships sink near Hormuz after projectile strikes as attacks surge
A container ship and a dry bulk carrier have sunk near the Strait of Hormuz after being hit by projectiles,…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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API Estimates 11.12 Million Barrel Draw in US Crude Inventories
The American Petroleum Institute estimated that US crude inventories fell by 11.12 million barrels in the week ending October 9….
Saudi Aramco site attacked as Iran threatens U.S. warships near Hormuz
A Saudi Aramco administrative building in Dhahran was targeted overnight as Houthi attacks on Saudi Arabia intensify. Iran's Revolutionary Guard…
Oil rises as Houthi attacks hit Aramco’s Dhahran compound and IEA flags diesel constraints
Oil prices rose on Wednesday after Houthi attacks hit a Saudi Aramco administrative building in Dhahran and the International Energy…
Gold slips as oil jumps and US CPI looms
Gold came under pressure again as another jump in oil prices kept inflation worries and hawkish expectations alive. The focus…
