Crude oil
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UKMTO reports unknown projectiles struck three ships in Strait of Hormuz on Tuesday, including a crude oil tanker
The United Kingdom Maritime Trade Operations (UKMTO) centre reported on Wednesday that unknown projectiles struck three ships in the Strait of Hormuz on Tuesday, including a crude oil tanker. This inc
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Iran's Revolutionary Guard says "military conflict" ongoing in Strait of Hormuz, claims to have long been hitting small ships
Hossein Mohebbi, spokesperson for Iran's Islamic Revolutionary Guard Corps, stated on Wednesday that a "military conflict" is ongoing in the Strait of Hormuz. He claimed that the Guard has been hittin
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Goldman Sachs: Persian Gulf oil exports fully recover to 2025 levels in September
The bank reports that crude shipments have doubled to 23.3 million barrels per day, reaching 108% of their 2025 average. However, key refined products like diesel and jet fuel remain at just 50% due t
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Iraq deepens October crude oil price discounts, up to $37 per barrel.
Iraq's State Oil Marketing Organization (SOMO) is offering buyers discounts on October-loading crude oil supplies, with reductions of up to $37 per barrel, according to a document obtained by Bloomber
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Iran's Foreign Minister stated that the US response has been received, and the differences in US-Iran negotiations have narrowed to the implementation sequence of the "seven-day plan."
Iran's government spokesperson announced on the 30th that Iranian Foreign Minister Araghchi has received the US response to the proposal mediated by Qatar. According to informed sources, the US and Ir
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U.S. equity futures rose as the market awaited PCE inflation data, Brent crude fell 1%, and spot gold climbed above $4,200.
Global equity and bond markets have temporarily stabilized, with market focus now on the upcoming US August Personal Consumption Expenditures (PCE) inflation data. On Wednesday, US equity futures rose
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China's crude oil demand recovery slows due to high oil prices caused by Middle East conflicts and limited Iranian supply.
According to Bloomberg Markets, the eighth month of conflict in the Middle East, coupled with elevated crude oil prices due to restricted Iranian supply, has become unsustainable for private refiners,
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Japan, US Bond Yields Continue to Rise Despite Oil Price Retreat
Global bond yields, including those in Japan and the US, are facing persistent upward pressure, even as West Texas Intermediate (WTI) crude oil futures have fallen from recent peaks to trade around $9
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Foreign Money Flees India Again as Oil Spike Undoes Policy Gains
Overseas investors are turning sellers of Indian assets again as surging oil prices and rising global yields threaten to derail a recent revival in demand.
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JPMorgan Chase Report: Middle East Oil Exports Recover to 89% of Pre-War Levels, Crude Oil Market Largely Normalized
JPMorgan Chase reported on September 29 that with the resumption of operations of the Saudi East-West Pipeline, the 10-day average of Middle East oil exports has recovered to 20.5 million barrels per
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Gold steadies as traders weigh lower oil prices against higher Treasury yields
Gold steadied after advancing on Tuesday, as market participants assessed a decline in oil prices, which eased concerns over energy-led inflation, against the backdrop of elevated Treasury yields.
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International oil prices plunged over 3% on Tuesday, falling below $90, due to progress in Iran-US negotiations, the resumption of oil flow through Saudi pipelines, the IEA's plan to release reserves, and Donald Trump's contemplation of easing sanctions on Russia.
WTI crude futures fell over 3% on Tuesday, dropping back below the $90 mark, with Brent futures also declining. This downturn was primarily driven by four positive signals: Qatar announced that negoti
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Asian stocks are poised to rebound as oil prices retreat.
Asian stocks are poised for a broad rally on Wednesday, as falling oil prices ease market pressure, with investors weighing the latest developments in the Middle East and the US-Iran standoff.
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The U.S. Department of Energy will release up to 40 million barrels from the Strategic Petroleum Reserve, the last tranche since the Iran War, and urges European allies to fulfill their commitments.
The U.S. Department of Energy announced it will release up to an additional 40 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). This is the final tranche of the 172 million bar
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US API Crude Oil Stock Change 1.019M, expected -1.9M, prior 1.786M, above expectations
API Crude Oil Inventory Change: 1.019M, Expected -1.9M, Previous 1.786M, Above Expectations Release Time: 2026-09-29 20:30 UTC
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OPEC+ is likely to maintain its crude oil production quotas at the weekend meeting, sources said.
OPEC+ is likely to maintain its crude oil production quotas at the weekend meeting, sources said.
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The US plans to release up to 40 million barrels of crude oil from its Strategic Petroleum Reserve.
The US plans to release up to 40 million barrels of crude oil from its Strategic Petroleum Reserve.
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Wells Fargo Raises 2027 Oil Targets, Citing Supply Risks and Need to Rebuild Inventories
Wells Fargo raised its 2027 WTI oil target to $75-$85 and Brent to $80-$90 per barrel. The firm cited persistent supply risks and the need to rebuild depleted inventories, expecting oil prices to ease
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Oman's Duqm port plans to double its onshore crude oil storage capacity to 10 million barrels within three years and is evaluating the acquisition of very large crude carriers (VLCCs) to create an alternative hub to the Strait of Hormuz.
Oman's state energy company, OQ SAOC, is evaluating the acquisition of two supertankers for floating storage at Duqm Port, which would add a combined 4 million barrels of storage capacity, CEO Ashraf
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US Stock Futures Rise as Traders Await Key Economic Data
US stock futures posted modest gains on Tuesday as investors readied themselves for the first of several economic data releases. Futures for the S&P 500 Index were 0.2% higher at 7:59 a.m. in New York
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Oil prices are under pressure amid geopolitical uncertainty, with Brent crude briefly touching $100.28 per barrel during the day before pulling back.
Brent crude oil briefly touched $100.28 per barrel intraday, but oil prices subsequently retreated as the outlook for US-Iran diplomacy remained unclear. It is currently hovering near the lower end of
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U.S. Crude Prices Fall as Rising Hormuz Exports Ease Supply Concerns; Houston Down $6.01 to $98.46, Midland Down $4.68 to $97.35
Regional U.S. crude prices weakened as rising exports through the Strait of Hormuz eased concerns over global supply tightness. WTI remained rangebound in the mid-$90s/bbl. Houston averaged $98.46, do
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Citi warns: Middle East and Russian diesel exports are both contracting, with a projected global diesel deficit of approximately 1 million barrels per day this year.
Citigroup noted in a report published on September 28 that the synchronized contraction of diesel exports from the Middle East and Russia, coupled with refinery production cuts, is expected to result
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Brent crude rose 1.2% to $99, and spot gold increased 0.7% to $4,145 amid geopolitical tensions.
Brent crude oil rose for a second consecutive day, up 1.2% to $99, influenced by geopolitical factors such as progress in US-Iran negotiations. Spot gold also rose 0.7% to $4,145 per ounce.
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U.S. Central Command: Naval blockade against Iran has lasted 100 days, preventing at least $25 billion in crude oil exports
U.S. Central Command (CENTCOM) announced that the "Iron Wall" naval blockade against Iran has been in effect for 100 days. CENTCOM stated that the operation has prevented Iran from exporting at least
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Bloomberg reported that the cost of chartering oil tankers on the US-to-Asia route has surged to a record $60 million, severely impacting US crude oil exports to Asia, which are expected to fall to multi-year lows.
Bloomberg reported that the cost of chartering oil tankers on the US-to-Asia route has surged to a record $60 million, severely impacting US crude oil exports to Asia, which are expected to fall to mu
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Brent crude oil surpassed $111, reaching a five-month high, while AI stocks fell, dragging down global equities.
Brent crude rose 2.6% to $111.66 per barrel on Thursday, reaching a five-month high, as a decline in AI-related stocks dragged down global markets. As of New York midday, the Nasdaq Composite was down
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Middle East Tensions Escalate: Houthis Claim Multiple Attacks on Saudi Arabia, Brent Oil Surpasses $112, Iran Claims to Have Struck Oil Tanker in Strait of Hormuz
Yemen's Houthi armed forces spokesman Yahya Sarea stated today (October 22) that the Houthi forces conducted four military operations against Saudi Arabia in the past 48 hours. Targets included the Mi
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Brent crude tops $111, jumping over 2% as Middle East war risks surge, nearing its highest close since May
Brent crude tops $111, jumping over 2% as Middle East war risks surge, nearing its highest close since May. Global oil inventories are razor-thin, leaving little room for supply disruptions. The U.S.
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Asian markets broadly fell: The Hang Seng Index dropped 3.03% to a four-month low, and the Hang Seng Tech Index fell 5%; Brent crude rose 3.2% to $112.27, due to AI concerns and heightened tensions in the Strait of Hormuz.
Asian regional markets broadly fell on Thursday, impacted by AI-related concerns and escalating tensions in the Strait of Hormuz, which also sent oil prices jumping. Hong Kong's Hang Seng Index closed
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Asian Stocks Tumble, China Enters Bear Market; Bitcoin Retreats
Asian stocks tumbled on Thursday, with Chinese equities entering a bear market as the CSI 300 index slid 2%, marking a 20% decline from its June peak. Other regional benchmarks also fell significantly
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Brent crude futures rose over 3% to $112.55 per barrel, a new high since May.
Brent crude futures rose over 3% to $112.55 per barrel, a new high since May.
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Oil prices jump on escalating Middle East tensions; reports indicate the US and Israel are considering resuming strikes on Iran after the midterm elections.
Brent crude futures rose 1.71% to $110.67 a barrel on Thursday, while U.S. WTI crude gained 1.42% to $98.53. The New York Times, citing anonymous U.S. officials, reported that the U.S. and Israeli mil
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Middle East tensions push oil higher, Brent crude trades at $110.11 after Houthi attacks in Saudi Arabia
Oil prices ticked up on Thursday following further Houthi attacks in Saudi Arabia, which led the United States to instruct certain diplomatic staff and dependents to depart its facilities in the kingd
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Treasuries Slide After Middle East Strife Report Spurs Oil Gains
Treasuries Slide After Middle East Strife Report Spurs Oil Gains
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U.S. EIA Crude Oil Inventory Change for the week of October 16: -3.06 million barrels, prior value -8.557 million barrels.
U.S. EIA Crude Oil Inventory Change for the week of October 16: -3.06 million barrels, prior value -8.557 million barrels.
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U.S. crude oil inventories plummeted by 3.06 million barrels last week, far exceeding the expected decrease and suggesting tightening supply that could push oil prices higher.
U.S. crude oil inventories plummeted by 3.06 million barrels last week, far exceeding market expectations of a 324,000-barrel decrease, signaling tighter U.S. oil supply and potentially upward pressur
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Middle East Tensions Escalate: US Deploys 10,000 More Troops, Israel Prepares for New Strikes Against Iran, Iran Issues War Warning
According to CCTV News, citing US officials, the United States is deploying the USS Theodore Roosevelt Carrier Strike Group and the 13th Marine Expeditionary Unit to the Middle East, expected to arriv
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Indian Oil plans to reduce crude purchased under term contracts with Middle Eastern producers next year
Indian Oil plans to reduce crude purchased under term contracts with Middle Eastern producers next year
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SpaceX's strong quarterly report boosts AI trading, with shares up about 9% pre-market; Super Micro Computer rises about 15%, oil prices approach $110.
SpaceX reported Q3 revenue of $14.58 billion, a 161% year-over-year increase. Its AI business revenue surged by 830% year-over-year, becoming the largest revenue source for the first time. Net profit
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Key Mideast Oil Benchmark Hits 3-Month Low on Resilient Exports
A key benchmark for Middle East crude fell to its lowest in nearly three months, an indication of the resilience of the region’s exports despite intensifying Iranian attacks on shipping.
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Iran's Revolutionary Guards claim naval mines caused two tankers to catch fire in Strait of Hormuz; oil prices rise
Iran's Revolutionary Guards said Tuesday that naval mines had prevented three tankers attempting to pass through the Strait of Hormuz using routes Tehran deemed unauthorized. They added that two of th
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U.S. Secretary of State Marco Rubio visits India's Reliance refinery, discusses refining Venezuelan crude to diversify energy supplies and advance potential $300B U.S. refinery deal
U.S. Secretary of State Marco Rubio visits India's Reliance refinery to discuss refining Venezuelan crude, diversify energy supplies, and advance potential $300B U.S. refinery deal. Rubio stated that
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Brent crude oil retreated from a five-month high, while WTI crude oil rose as the market digested the Middle East risk premium.
On Tuesday, Brent crude futures fell 0.61% to $108.88, after touching a five-month high of $111.99 during the session; US WTI crude futures rose 0.85% to $104.54, with an intraday high of $110.48, the
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The U.S. is seeking to persuade India's Reliance Industries to refine more Venezuelan crude oil to increase market supply and counter the impact of the conflict in Iran.
The U.S. is seeking to persuade India's Reliance Industries to refine more Venezuelan crude oil to increase market supply and counter the impact of the conflict in Iran.
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U.S. Secretary of State Rubio visited India's Reliance refinery to discuss increasing the refining of Venezuelan crude oil, aiming to balance sanctions against Russia with oil price stability.
U.S. Secretary of State Marco Rubio has arrived in India for a two-day visit, during which he will tour Reliance Industries' Jamnagar refinery in Gujarat. Rubio stated on Tuesday that he would discuss
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U.S. Oil Surges Above $107, Brent Crude Hits Five-Month High Amid Mideast Tensions
U.S. West Texas Intermediate (WTI) crude oil futures jumped 4.2% to around $107.50 per barrel, while global benchmark Brent crude futures rose 1.9% to $111.42 per barrel, marking their highest price s
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South Korean AI firm Elice plunges over 30% on debut, deepening AI market jitters as Brent crude tops $111
South Korean data centre company Elice (0158S0) saw its stock plunge over 30% on its debut Tuesday, closing at 60,500 won ($45.57) from an offer price of 90,500 won. The IPO raised $151 million at a v
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Crude oil
24H Trending
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Asian stocks struggle as Hang Seng Index dives amid AI and geopolitical concerns
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Meta's Q3 revenue and Q4 guidance both exceeded expectations, with the company raising its AI capital expenditure and proposing to issue new non-voting shares, leading to a 6% surge in after-hours trading.
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Blackstone Executives Say Concerns About AI Infrastructure Debt Are Overblown
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Government websites in multiple countries are offline due to a critical vulnerability in the PHP programming language, with the U.S. National Security Agency issuing a warning.
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Anthropic launches AI agent Claude Duet, capable of continuous background operation and proactive task execution
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CICC: Suggest increasing gold allocation to hedge AI asset risks, dollar depreciation trade is an effective strategy
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Australian superannuation fund UniSuper is avoiding direct investments in data centers, believing the biggest winners from the AI boom will be technology application companies rather than infrastructure builders.
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Coinbase status page shows send/receive delays on the TON network.
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AI Model Discovers Critical PHP Vulnerability, Taking Government and Corporate Websites Offline Globally
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U.S. stocks closed higher on Wednesday, with AI-related company earnings boosting market confidence, and the Nasdaq Composite rising 1.1%.
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