Crude Oil
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Oil Price Supported by Kharg Attack
WTI crude futures rose toward $99 per barrel on Monday after climbing as high as $102.40 per barrel to their…
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Crude Oil Prices Rally as Iran War Disrupts Global Supplies
April WTI crude oil (CLJ26) on Friday closed up +2.98 (+3.11%), and April RBOB gasoline (RBJ26) closed up +0.0768 (+2.59%).…
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Three Markets to Watch Next Week
A rarely seen “super week” of central banks is colliding with a rapidly rising geopolitical risk premium linked to developments…
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Oil Prices Continue to Rise, US Eases Russian Oil Sanctions
WTI crude futures rose about 1% to approach $97 a barrel on Friday, extending weekly gains to roughly 5%, though…
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Crude Oil Surges as Strait of Hormuz Remains Closed
April WTI crude oil (CLJ26) on Thursday closed up +8.48 (+9.72%), and April RBOB gasoline (RBJ26) closed up +0.1763 (+6.32%).…
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Chubb to Insure Ships Crossing The Strait of Hormuz
US insurance giant Chubb (CB.US) has been designated as the lead insurer in a program supported by the U.S. International Development Finance…
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Higher Oil Prices Are Here to Stay
The oil price surged above $100 per barrel at one stage on Thursday morning, although it is backing away from…
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WTI trims a part of strong intraday gains; still up over 6% for the day above mid-$93.00s
WTI gains strong positive traction on Thursday amid a further escalation of conflicts in the Middle East. Suspected Iranian attacks…
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China orders immediate ban on fuel exports for March — Reuters
The Chinese government has effectively banned refined fuel exports for March “with immediate effect”, Reuters reported on Thursday. This measure…
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EIA Report And Current Middle Eastern Conflict Refelects Crude Prices
EIA data showed a stronger-than-expected decline in fuel inventories in the US, although crude oil inventories increased more than forecast.…
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