Crude oil
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Bass Oil confirms new oil pay at Bunian 6 in Indonesia, expects production to triple to 750 bopd
The company identified oil pay in three separate reservoirs, including the M sand, where oil pay was encountered for the first time in the Bunian field. Bass Oil expects the new well to increase field
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Japan's Mitsui O.S.K. Lines Warns: Shipping in Strait of Hormuz Unlikely to Recover This Year, No Immediate Plans to Return
Jotaro Tamura, CEO of Mitsui OSK Lines, one of the world's largest tanker operators, said on Thursday that given the renewed escalation of tensions between the US and Iran, it is difficult to foresee
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Goldman Sachs: Oil Exports Through Strait of Hormuz Recover to Two-Thirds of Pre-War Levels, But 5 Million Barrels Per Day Are "Dark Fleet" Flows
Goldman Sachs strategists Yulia Zhestkova Grigsby and her team informed clients on Wednesday that Gulf oil exports have rebounded to 15-16 million barrels per day, roughly two-thirds of pre-war levels
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Tesla will hold its Cybercab robotaxi unveiling after the market closes on Thursday.
Tesla will hold its Cybercab robotaxi unveiling event after the market closes on Thursday. Additionally, Dow Jones futures edged higher in early Thursday trading, and oil prices continued to climb; Sn
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The Japanese Yen surged to a three-week high of 157.63 against the US Dollar, as markets remained vigilant for potential intervention by Japanese authorities. Brent crude oil fell over 1% on the day to $94.67 per barrel after Donald Trump downplayed the likelihood of a prolonged conflict between the US and Iran.
The Japanese Yen strengthened against the US Dollar for a second consecutive trading day, rising to 157.63 at one point and hitting a three-week high, fueling speculation that Japanese authorities mig
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Donald Trump stated that a new round of strikes on Iran would not "last too long" and reiterated that the United States controls the situation in the Strait of Hormuz. Oil prices stabilized after a cumulative gain of approximately 9% over three days.
U.S. President Donald Trump stated on September 2nd local time that the new round of U.S. strikes against Iran would not "last long," reiterating that the U.S. has been and will continue to control th
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Saudi Arabia's crude oil exports plummeted to approximately 3 million barrels per day in August, marking a nine-year low, amid threats in both the Red Sea and the Strait of Hormuz.
Bloomberg reported on September 2 that tanker tracking data from Vortexa and Kpler showed Saudi Arabia's observable crude oil exports in August were approximately 3 million barrels per day, the lowest
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White House says barrels from Venezuela deal could hit U.S. reserves in November
White House says barrels from Venezuela deal could hit U.S. reserves in November
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Goldman Sachs' Chief Global Equity Strategist Peter Oppenheimer warned investors to expect equity returns in the mid-to-high single digits over the next 12 months, lower than the past year.
Peter Oppenheimer, Goldman Sachs' chief global equity strategist, stated that given the significant returns of the S&P 500 over the past year and year-to-date, he anticipates equity returns in the mid
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Italy’s Eni Plans to Boost Venezuela Oil Production to Over 1 Million Barrels/Day
The Italian energy producer aims to eventually reach this target, which includes volumes from state-owned Petróleos de Venezuela SA. This move could significantly aid US President Donald Trump’s effor
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India's imports of Russia's ESPO crude from the Far East surged to 16% of its total crude imports in the first seven months of 2026, driven by China's market exit and the closure of the Strait of Hormuz.
India increased its purchases of Russian Far East ESPO crude oil in the first seven months of this year, with its share of exports rising from 12% to 16%, Kommersant reported, citing an Argus report.
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OPEC+ expected to keep oil output policy unchanged for October at Sunday's meeting
According to Reuters sources, OPEC+ is expected to keep its oil production policy unchanged for October at the meeting held on Sunday. The group is completing the rollback of a 1.65 million barrel-per
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Analysts: US-Venezuela Oil Deal Unlikely to Lower Oil Prices in Short Term, Cannot Replace Strait of Hormuz Supply; Oil Prices Continue to Rise on Thursday
Following the oil agreement between the United States and Venezuela, analysts generally believe that due to the difficulties in crude oil extraction and refining in Venezuela, and U.S. refineries alre
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U.S. equity index futures fell in early trading on Wednesday, while crude oil prices jumped due to new attacks between the U.S. and Iran.
Dow Jones, S&P 500, and Nasdaq stock index futures all fell in early Wednesday trading. This follows a jump in crude oil prices due to new attacks between the U.S. and Iran, which pushed the Dow Jones
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Oil hovers near $95 as US and Iran exchange fresh strikes; Trump says he 'couldn't care less' about Strait of Hormuz agreement
The latest escalation in the Middle East conflict, with fresh strikes exchanged between the US and Iran, is putting further pressure on bond yields and extending a rout in sovereign debt in early Euro
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US API Crude Oil Inventory Change -2.6M, expected -0.8M, prior 4.2M.
API Crude Oil Stock Change: -2.6, expected -0.8, previous 4.2 Release Time: 2026-09-01 20:50 UTC
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Asian Stocks Slump, Oil Jumps to 5-Week High, US 10Y Yield Hits 3-Year Peak After Renewed US Airstrikes on Iran
Asian stocks fell broadly on Wednesday, with South Korea's KOSPI dropping over 3% and Japan's Nikkei 225 down 2.6%. Brent crude futures rose 1.3% to $95.91 a barrel, reaching a five-week high, after t
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Global economic concerns resurface, with copper prices falling below $14,200/ton for the second consecutive day.
Copper prices fell for a second day, along with other metals, after a surge in oil prices sparked concerns about the global economic outlook. Three-month copper on the London Metal Exchange fell below
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U.S. launches new strikes on Iran, Brent crude surges 4.5% to $94.52
The U.S. military completed a new round of strikes against multiple targets in Iran, including air defense, communications, and radar systems, on Tuesday evening ET, in retaliation for recent Iranian
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Oil prices surged due to the renewed conflict between the US and Iran, putting pressure on global bond markets: 10-year government bond yields in Germany, the UK, Japan, and the US all hit multi-year highs on Tuesday.
Renewed conflict between the US and Iran has driven Brent crude oil up by 4.5% in two days, with a year-to-date increase of 51%. Impacted by this, the 10-year government bond yields for Germany, the U
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Two oil tankers carrying Saudi crude were hit by unidentified projectiles in the Strait of Hormuz on Monday night, sending Brent crude up another 1.3% on Tuesday.
Brent crude futures rose another 1.3% on Tuesday after two supertankers carrying Saudi crude were hit by an unknown projectile on Monday night while exiting the Strait of Hormuz.
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**Market Volatility After US Airstrikes in Iran: Dow Plunges 412 Points, US Oil Jumps 4% to Over $89, Global Bond Yields Soar**
U.S. airstrikes on Islamic Revolutionary Guard Corps targets in Iran sparked market concerns. U.S. stocks closed lower on Tuesday, with the Dow Jones Industrial Average falling 412 points (0.8%), the
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Diesel Jumps to Four-Month High as Refinery Attacks Worsen Supply Squeeze
Diesel rose to the highest in more than four months after fresh attacks on refineries further tightened a market already dealing with a drop in supply due to wars in the Middle East and Ukraine.
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First Eagle Global Fund stated in its Q2 2026 investor letter that ExxonMobil (XOM) performed better than expected due to increased production in Guyana and the Permian Basin, despite falling crude oil prices and business disruptions in the Middle East.
The fund continues to view ExxonMobil as a high-quality operator with strong capital discipline, an attractive portfolio of durable assets, and a commitment to shareholder returns. As of August 31, Ex
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Bitcoin hits $81K as US bond yields rebound on global oil woes
Bitcoin price action made swift gains at the start of Friday’s Wall Street trading session as US 30-year bond yields began rising again.
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Analysis: China's Crude Oil Imports Show Signs of Rebound, Potentially Eroding Global Oil Price Buffer
Analysts point out that China's crude oil imports have shown early signs of recovery after months of subdued purchases due to the US-Israel war with Iran, which could erode the buffer that previously
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EIA: Diesel prices are driven by crude oil, retail margins, distribution costs, taxes, and crack spreads
The U.S. Energy Information Administration (EIA) stated that tight global supplies of distillate fuel oil and elevated crude oil prices have driven diesel prices higher in recent months.
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Saudi Aramco reportedly cuts European crude allocations for October, extending supply disruptions due to East-West pipeline attack
Saudi Aramco has informed European customers they will receive no crude allocations next month, prolonging supply disruptions caused by the attack on the East-West pipeline. The halt has already promp
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The Nikkei index rose 0.8% in early trading, led by chip-related stocks.
Japanese stocks rose in early trading, boosted by falling crude oil prices and easing concerns about Middle East supply.
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Saudi Arabia Shifts Oil Exports to Hormuz, Employs Dark Shipments and Ship-to-Ship Transfers Following Pipeline Damage and Red Sea Blockade
Saudi Arabia, the world's second-largest crude exporter, is rerouting crude via dark shipments and ship-to-ship transfers off Oman. This comes after drone attacks last week knocked out part of the cou
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Brent crude oil is down 5.23% today, now trading at $100.300.
Brent crude oil is down 5.23% today, now trading at $100.300.
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U.S. military states the Strait of Hormuz remains open, having assisted in the transport of over 900 million barrels of crude oil and intercepted more than 100 non-compliant vessels.
U.S. Central Command (CENTCOM) spokesperson Captain Tim Hawkins stated on Wednesday that despite an ongoing blockade on Iranian maritime trade and attacks by the Iranian military on merchant vessels,
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EIA: U.S. Crude Inventories Fall for Third Straight Week by 640,000 Barrels; Venezuelan Crude Imports Hit Nearly 10-Year High
U.S. commercial crude oil inventories fell for the third consecutive week, decreasing by 640,000 barrels to 423.4 million barrels in the week ending September 11, according to data released by the U.S
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Global Stocks Rise Ahead of Fed Rate Decision; S&P 500 Gains 0.26%, Nasdaq 0.60%, 10-Year Treasury Yield Retreats to 4.963%, Brent Oil Falls 2.4%
Global stocks moved higher ahead of the Fed's rate decision, with markets pricing more than a 90% chance of a 25 basis point hike. The S&P 500 gained 0.26% and Nasdaq 0.60%, while the 10-year Treasury
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WRIGHT: 18 million barrels flowed out of Persian Gulf on Sept. 15
WRIGHT: 18 million barrels flowed out of Persian Gulf on Sept. 15
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CNBC: Iran war adds $1,760 to US consumer bills per household; oil prices and US Treasury yields hit multi-year highs this Tuesday.
CNBC reported that the war between the U.S. and Iran has led to soaring oil prices and rising government bond yields, pushing up energy and borrowing costs for American households and forcing consumer
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Saudi Arabia Sells Up to 20M Barrels of Spot Oil This Week for Ship-to-Ship Transfer After Key Pipeline Outage
Saudi Arabia has sold as many as 20 million barrels of crude oil in the spot market this week, to be picked up from just outside the Strait of Hormuz for this month and next via ship-to-ship (STS) tra
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Japanese Refiners Rush for Oman Crude After Saudi Pipeline Shutdown
Some refiners in Japan this week rushed to buy Oman's crude for earlier loadings after Saudi Arabia shut down its key pipeline bypassing the Strait of Hormuz, traders with knowledge of the purchases t
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Middle East conflict expansion leads to oil price hikes; Asian refiners consider reducing operating rates and limiting fuel exports.
Middle East conflict expansion leads to oil price hikes; Asian refiners consider reducing operating rates and limiting fuel exports.
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Saudi Arabia claims Houthi drones attacked Mecca, Houthis deny; escalating conflict weighs on oil prices, Brent crude hovers at four-month high
Saudi Arabia stated on Wednesday that its air defense systems intercepted and destroyed a Houthi drone before it entered Mecca's airspace. However, the Houthis denied this claim, calling it an "old li
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Oil prices fell on Wednesday after U.S. crude inventories unexpectedly rose by 7.1 million barrels, offsetting supply concerns from the shutdown of a Saudi oil pipeline.
International benchmark Brent crude for November delivery fell 1.02% to $107.64 per barrel, while U.S. West Texas Intermediate (WTI) crude for October delivery dropped 1.29% to $104.46 per barrel. Thi
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Middle East tensions escalate, with the cost of shipping US crude oil to Asia surging to a record $44.8 million.
According to data from the Baltic Exchange, as of this Tuesday, the cost to charter a Very Large Crude Carrier (VLCC) to transport 2 million barrels of crude oil from the US Gulf Coast to China has su
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US API Crude Oil Inventory Change 7.14, expected -1.8, prior -0.3, above expectations
API Crude Oil Stock Change: 7.14, expected -1.8, prior -0.3, above expectations Release Time: 2026-09-15 20:30 UTC
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Saudi East-West Pipeline Could Restart Within Days, Easing Oil Supply Fears
U.S. Energy Secretary Chris Wright stated that Saudi Arabia’s critical East-West Pipeline, which previously moved 4-5 million barrels per day (roughly 4-5% of global supply), could resume crude flows
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Brent, US Crude Futures Rise by More Than $3 After Shipping Sources Tell Reuters Oil Loadings at Saudi Arabia's Red Sea Port of Yanbu Have Been Suspended
Brent, US Crude Futures Rise by More Than $3 After Shipping Sources Tell Reuters Oil Loadings at Saudi Arabia's Red Sea Port of Yanbu Have Been Suspended
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Satellite image reveals major damage to crucial Saudi oil pipeline, potentially cutting 3.6 million barrels per day of supply
Satellite imagery confirms a key East-West oil pipeline in Saudi Arabia has been severely damaged following a strike last week, which experts tell BBC Verify could reduce global oil supplies by as muc
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Russia Boosts Oil Exports to Highest Since May Amid Middle East War and Saudi Strikes
Russia's crude shipments jumped the most since May, driven by soaring oil prices due to the Middle East conflict and recent strikes on Saudi infrastructure.
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U.S. Strategic Petroleum Reserve hits lowest level since November 1982, holding 285.4 million barrels
According to data released by the Energy Information Administration, the reserve declined by 1.2 million barrels from the prior week and has fallen nearly 120 million barrels, or about 30%, over the p
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Crude oil
24H Trending
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Goldman Sachs' latest research report: Maintains its year-end 2027 gold price target of $5,400, but lowers its year-end 2026 forecast to $4,650, stating that Federal Reserve rate hikes will only slow short-term gains, and central bank gold purchases are the core driver.
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U.S. Energy Secretary Chris Wright says another round of crude loans from the Strategic Petroleum Reserve is a “very real possibility” amid higher oil prices and steep futures backwardation.
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Fed rate hike to 3.75%-4.00% pushes 1-year Treasury yield to 4.45%, making crypto lending less attractive
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HKMA: The total number of stored value facility accounts reached 90.38 million in Q2 2026, a quarter-on-quarter increase of 1.8%.
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NVIDIA's optimistic outlook boosts tech stocks, Nasdaq futures rise 0.7%, South Korea's KOSPI leads Asian markets with a 2.7% gain.
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Hong Kong Financial Secretary Christopher Hui: The government is studying expanding the scope of RMB usage, including promoting RMB payment for stamp duty on stock transactions and an RMB counter for Stock Connect Southbound Trading.
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Brent crude oil fell 2.0% intraday, nearing $97/barrel, Bitcoin rose 1.2% to $77,426, and gold increased by 0.5%.
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JPMorgan Chase and Santander Lead Over £1 Billion Loan for Drax's Acquisition of Bluefield Solar
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Prudential Exits AlexForbes as Motsepe’s ARC Boosts Stake
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Bitcoin Spot and Futures Trading Platform Guide: Choosing Secure and Compliant Global Channels
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