Crude oil
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Stocks and bonds fell after the release of US PPI data, and US crude oil prices broke above $100.
Stocks and bonds fell after the release of US PPI data, and US crude oil prices broke above $100.
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Copper prices and Freeport-McMoMoRan (FCX) shares tumbled early Thursday amid an unclear tariff outlook from the White House and surging oil prices and government bond yields.
Copper prices and shares of U.S. copper mining giant Freeport-McMoRan (FCX) fell sharply in early trading on Thursday, after Reuters reported that the White House may not expand the scope of refined c
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US 10-year Treasury yield rises to 4.91%, highest since 2023, as Brent crude oil jumps to $105
The US 10-year Treasury yield rose to 4.91%, marking its highest level since 2023. Concurrently, the 30-year Treasury yield climbed to 5.35%. Treasury prices were under pressure as Brent crude oil sur
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Brent Crude Oil Tops $105 a Barrel Amid Rising Middle East Tensions, US Gasoline Prices Hit Record High
Brent crude oil prices have exceeded $105 a barrel as escalating tensions in the Middle East intensify concerns about global supplies, with Iran showing no signs of de-escalation. Concurrently, US gas
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United States on track for record crude oil production in 2026
The U.S. Energy Information Administration (EIA) forecasts U.S. crude oil production will average 13.8 million barrels per day (b/d) in 2026, surpassing the previous record of 13.7 million b/d set in
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HSBC: Global Commodities Enter "Super Cycle," 2026 Price Forecast Raised to 22%
Paul Bloxham, HSBC's Chief Economist for Global Commodities, stated in his latest report that the market has entered a "super squeeze" phase, with commodity prices likely to remain elevated for longer
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Saudi Arabia reported to OPEC that its crude oil production fell again last month, reaching its lowest level since 1990.
Saudi Arabia reported to OPEC that its crude oil production again fell sharply last month, reaching its lowest level since 1990, as renewed hostilities between the United States and Iran squeezed Saud
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Oil buyers question whether China will again take action to restrain prices, noting that slashing crude imports may no longer be an option as Beijing did early in the war.
Oil buyers question whether China will again take action to restrain prices, noting that slashing crude imports may no longer be an option as Beijing did early in the war.
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Trump warns Iran over 'Pickaxe Mountain' nuclear activity, threatening 'very hard hit' after U.S.-Iran ship attacks near Hormuz; Brent crude falls below $101
U.S. President Donald Trump warned Iran on Wednesday against activity at a suspected nuclear site on Pickaxe Mountain, stating the U.S. would "have to hit them very hard" if Iran "gets cute." This war
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The Nikkei 225 fell 0.6% in early trading, dragged down by construction and retail stocks.
The Nikkei 225 fell 0.6% in early trading to 64,759.80 points, primarily due to escalating concerns about a war in Iran and rising energy costs. Construction and retail stocks led the decline, with Ta
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Wallstreetcn: US energy stocks bucked the trend to strengthen after Brent crude broke above $100, with analysts suggesting valuations remain low and a potential for a recovery.
Wallstreetcn analysis points out that Brent crude oil surpassed $100 per barrel on Wednesday (September 9), reaching a new high since May. The U.S. energy sector bucked the trend and strengthened, whi
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Asian stocks are expected to fall on Thursday, tracking Wall Street's decline, as surging oil prices and U.S. Treasury yields fuel inflation concerns; U.S. crude has risen for eight consecutive trading days.
Asian stocks are expected to fall on Thursday, tracking Wall Street's decline, as surging oil prices and U.S. Treasury yields fuel inflation concerns; U.S. crude has risen for eight consecutive tradin
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US API Crude Oil Inventory Change -0.3, forecast -1.3, prior -2.6, above expectations
API Crude Oil Stock Change: -0.3, expected -1.3, prior -2.6, above expectations Release Time: 2026-09-09 21:00 UTC
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Singaporean refiner Aster is sourcing crude oil from Latin America and West Africa due to tight Middle Eastern oil supplies caused by the Iran war.
Singaporean refiner Aster Chemicals and Energy Pte is sourcing crude oil from distant regions such as Latin America and West Africa to replace reduced Middle Eastern supplies affected by the war in Ir
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US-Iran Conflict Escalates: Iran Claims Attacks on US Vessels and Oil Tankers, Brent Crude Nears $100/Barrel
Oil prices rose and stock markets fell after the US and Iran attacked each other's ships and oil tankers in the Strait of Hormuz. Iran's Revolutionary Guard claimed to have attacked two US ships and e
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Morgan Stanley Says War-Weary Oil Traders Shun Long-Term Bets
Morgan Stanley says oil traders are growing increasingly cautious about longer-term positions as the wars in Iran and Ukraine cloud the outlook beyond the next few months.
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China's three major A-share indices rose amid volatility in early trading, with the optical communications sector surging and Changfei Optical Fiber hitting the daily price limit; in Hong Kong, the Hang Seng Index and the Hang Seng Tech Index both fell, while crude oil rose nearly 4%.
On the morning of September 9, China's A-share market saw its three major indices fluctuate upwards, with the Shanghai Composite Index rising by 0.07%, the Shenzhen Component Index by 0.19%, and the C
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Brent crude rose 2.4% to over $99 on Tuesday after Houthi rebels claimed attacks on targets in Saudi Arabia.
Yemen's Houthi rebels claimed a new round of attacks on targets within Saudi Arabia on Tuesday, forcing the kingdom to halt operations at several energy facilities in the south. Meanwhile, Iran warned
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Iran claims one of its oil tankers was attacked by U.S. missiles near Kharg Island, causing international crude oil futures to extend gains during trading. WTI crude rose over 2% to approach $94, and Brent crude neared $99.
According to CCTV News, citing Iranian sources, an Iranian oil tanker was attacked by US missiles approximately 4 miles off Iran's Kharg Island on Tuesday evening, September 8, local time. There were
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US Treasury Secretary Scott Bessent will announce the amount of long-term debt buybacks this week to stabilize government bond yields.
U.S. Treasury Secretary Scott Bessent will announce the specific amount of long-term government debt buybacks this week, a move aimed at stabilizing government bond yields. This comes after crude oil
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OPEC's crude oil output declined in August, ending a two-month recovery, as conflict threatened Saudi export routes, a Bloomberg survey showed.
OPEC's crude oil output declined in August, ending a two-month recovery, as conflict threatened Saudi export routes, a Bloomberg survey showed.
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**UNCTAD Warns: Disruption in Strait of Hormuz Hitting SMEs Hardest, Threatening to Expel Them from Global Supply Chains**
The United Nations Conference on Trade and Development (UNCTAD) stated on Tuesday that ongoing disruptions in the Strait of Hormuz could lead to small and medium-sized enterprises (SMEs) being squeeze
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U.S.-Iran conflict continues, Dow futures drop nearly 400 points in pre-market trading on Tuesday, Brent crude jumps again, nearing $100/barrel.
U.S.-Iran conflict continues, Dow futures drop nearly 400 points in pre-market trading on Tuesday, Brent crude jumps again, nearing $100/barrel.
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Emerging market rally pauses as crude oil prices approach $100.
Emerging market currencies and stocks paused their rally after oil prices approached the $100 mark.
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China's A-shares: Shenzhen Component Index rose 0.26% in early trading, with the semiconductor industry chain experiencing a surge. Hong Kong stocks: Hang Seng Tech Index rose 0.72%. Crude oil surged over 6%.
On September 15, China's A-share market rebounded after a volatile morning session, with the Shenzhen Component Index rising 0.26%, the Shanghai Composite Index falling 0.07%, and the ChiNext Index ga
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China's crude oil output grew steadily by 0.8% in August, while crude oil processing saw a narrowing decline.
China's National Bureau of Statistics reported that in August, crude oil output for industrial enterprises above designated size was 18.43 million tons, a year-on-year increase of 0.8%, maintaining th
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Oil market sends warning on gas prices as Iran conflict threatens global supplies, driving up immediate crude costs
Oil market sends warning on gas prices as Iran conflict threatens global supplies, driving up immediate crude costs
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Oil Tanker Daily Hire Rate Tops $1 Million for First Time Amid Iran War and Hormuz Strait Ship Shortage
The cost of hiring an oil tanker on the industry’s benchmark trade route reached $1.035 million a day on Monday, according to data from the Baltic Exchange in London. This marks the first time the dai
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Brent crude rises above $100 as Iran war disrupts Hormuz shipping and Houthi capture of Mayun Island raises Bab al-Mandeb concerns
Al Jazeera reports that Brent crude has risen above $100 a barrel due to the war in Iran disrupting shipping through the Strait of Hormuz. Additionally, the Houthis' capture of Mayun Island is raising
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Houthi rebels launched a large-scale attack on a Saudi airbase and oil pipelines, causing international oil prices to surge over 4%, with Brent crude trading at $109.18 per barrel.
Yemen's Houthi rebels launched dozens of ballistic missiles and drones at Saudi Arabia's King Khalid Air Base in Khamis Mushait, southwestern Saudi Arabia, on September 14, and attacked a pumping stat
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Prediction market traders expect U.S. gas prices to hit new highs for the year, with a 71% chance of surpassing $4.60/gallon
Traders on Kalshi also place 57% odds that prices will top $4.80 a gallon, and just over a 40% chance that they cross $5.00. This comes as U.S. oil prices are again above $100 per barrel, driven by es
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S&P 500 falls as Brent crude jumps over 3% to $106 on Middle East hostilities, AI stocks decline
Markets started the week defensively, with escalating Middle East hostilities and hawkish central bank expectations weighing on risk appetite. Brent crude surged over 3% towards $106, having gained ne
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Costco rations Kirkland Signature motor oil and raises price to $57.99, citing global lubricant shortage and rising crude oil prices
The retailer has limited purchases to two units per customer per week for its Kirkland Signature full-synthetic motor oil, which jumped from approximately $30 to $57.99 per 10-quart case. This move co
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U.S. Energy Secretary Wright: Expects Saudi East-West oil pipeline to be operational "soon"
U.S. Energy Secretary Chris Wright stated on Bloomberg Surveillance that the East-West oil pipeline in Saudi Arabia, which runs to the Red Sea, is expected to be operational "soon." He also discussed
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U.S. crude oil futures extended gains, hitting an intraday high of $104.95 per barrel, the highest level since mid-May.
U.S. crude oil futures extended gains, hitting an intraday high of $104.95 per barrel, the highest level since mid-May.
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QatarEnergy launches tender to sell crude for Oct-Nov loading from ports inside Strait of Hormuz, with 500,000-barrel cargoes
QatarEnergy has launched a tender to sell Al-Shaheen, Qatar Marine, and Qatar Land crude for October and November loading from Qatari ports located inside the Strait of Hormuz. The offer includes 500,
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GasBuddy Analyst: Americans have spent an additional $109.2 billion on gasoline and diesel since March, with the daily increase currently around $730 million.
According to Patrick De Haan, head of petroleum analysis at GasBuddy, U.S. consumers and truckers have spent an estimated $109.2 billion more on gasoline and diesel since March 1 compared to the same
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Asian equities were under pressure on Monday as slowing AI development and soaring oil prices rekindled inflation concerns, with SK Hynix falling over 5% and SoftBank plummeting 11%.
Asian equities broadly opened lower on Monday, impacted by AI giants' calls to slow the pace of frontier model development and renewed inflation concerns fueled by soaring oil prices. South Korea's KO
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U.S. equity index futures are down, and crude oil prices are up, as investors weigh AI warnings.
U.S. equity index futures are down, and crude oil prices are up, as investors weigh AI warnings.
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Iran-Gulf States' Planned Sept 14 Hormuz Talks Postponed, Omani FM Says
Omani Foreign Minister Badr Albusaidi announced on Sunday that a planned September 14 meeting in Oman between Iran and Gulf states, aimed at discussing possible Strait of Hormuz arrangements, has been
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Iranian MP Mohseni-Sani Declares Tehran No Longer Bound by Nuclear Treaty, Driving Brent Crude to $110
Mohammadreza Mohseni-Sani, a member of Iran's parliament's National Security and Foreign Policy Committee, stated on September 12 that Tehran no longer considers the Nuclear Non-Proliferation Treaty (
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Energy Aspects warns of oil prices heading for an "upward spiral," as Chinese regulators raise crude oil futures' daily price limits and adjust refined oil prices.
The global crude oil market is at a "turning point," with energy analysis firm Energy Aspects warning that oil prices are heading for an "upward spiral" due to accelerated global inventory drawdowns,
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US stocks rebound on Friday, S&P 500 up 0.9% and Nasdaq 1%, as Brent crude falls 2.8% to $104.61
US stocks rebounded on Friday, regaining much of their weekly losses, as Brent crude oil prices eased 2.8% to settle at US$104.61 per barrel after nearing US$110 overnight. The S&P 500 climbed 0.9%, s
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Crude oil prices climbed back above $100 a barrel this week, with US diesel surging past $6 a gallon for the first time.
Crude oil prices climbed back above $100 a barrel this week, with US diesel surging past $6 a gallon for the first time.
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Brent crude futures fell 3.58% to $103.78 per barrel on Friday, while WTI crude dropped 2.17% to $99.23 per barrel, after both recorded their first double-digit weekly gains in months, breaking above $100.
Brent and WTI crude futures ended their respective five- and eight-day winning streaks. This followed a surge in oil prices driven by geopolitical factors such as escalating conflict in the Middle Eas
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Global bond sell-off intensifies, with Germany's 10-year government bond yield breaking above 3.5% on Friday, reaching its highest level since April 2011. Oil prices remain above $100, fueling stagflation concerns.
Global bond sell-off intensifies, with Germany's 10-year government bond yield breaking above 3.5% on Friday, reaching its highest level since April 2011. Oil prices remain above $100, fueling stagfla
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Middle East Tensions Show Signs of Easing: Iran and GCC to Meet on September 14 to Discuss Strait of Hormuz Agreement, Houthis Announce Ceasefire on Red Sea West Coast
Iran's Foreign Minister and the foreign ministers of the six Gulf Cooperation Council (GCC) countries are scheduled to meet on September 14 (next Monday) in Salalah, Oman, to seek support for an inter
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Multiple negative factors have triggered a "stock and bond sell-off" in the US financial market: soaring oil prices, US Treasury Secretary's buyback falling short of expectations, and Donald Trump's trillion-dollar "money-printing" promise have collectively led to a sharp rise across the board in US Treasury yields, with the 30-year yield hitting a 19-year high of 5.37%, while the stock market simultaneously declined.
On Thursday, the U.S. financial markets experienced a rare shock as multiple negative factors converged, leading to a sharp rise across the board in Treasury yields. The 30-year Treasury yield jumped
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Crude oil
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