Strait of Hormuz Disruption Turns Into an Inflation Risk for Oil Markets
Oil prices have climbed to six-week highs after renewed US-Iran strikes, and shipping data shows unusually low tanker traffic through…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
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91.383
-4.35%
Shell Completes $16.5 Billion Acquisition of ARC Resources in Montney Shale
Shell has closed its purchase of Canadian producer ARC Resources for about $16.5 billion including assumed debt, gaining a major…
ADNOC keeps loading LNG tankers in Gulf despite Hormuz disruptions
Satellite images show Abu Dhabi National Oil Co. still loading liquefied natural gas onto tankers at its Das Island facility…
Oil set for steepest weekly gain since July as US-Iran tensions escalate
Brent and WTI crude are on track for their steepest weekly gains since mid-July as escalating US-Iran hostilities and Ukrainian…
Trump presses refiners for cheaper gasoline, but U.S. plants are already maxed out
President Trump pressed U.S. oil executives to lower gasoline prices immediately, but refiners have run above 95% utilization for the…
