Oil Rallies 30%, Supply Risks Explode
Oil prices continued their rally on Wednesday (July 22nd) after the United States and Iran both dismissed the prospect of…
Oil Falls, Hormuz Remains Vulnerable
Oil prices weakened after rising nearly 6% in the previous two sessions. Brent fell below US$89 per barrel, while West…
Iran War Heats Up Oil Prices!
Oil prices are headed for their biggest weekly gain since April as the escalating conflict between the United States and…
Oil Prices Correct After Spike, Investors Focus US-Iran Tensions
Oil prices weakened in trading on Thursday (July 9), as the market assessed the impact of the latest US attack…
Oil Prices Soar, US-Iran Ceasefire Fragile
Oil prices rose sharply on Wednesday (July 8th) after the United States military announced it had launched new strikes against…
Oil Rises, Hormuz Renews Pressure
Oil prices strengthened on Tuesday (July 7th) following reports of a new attack on the Strait of Hormuz. This news…
Trump Says US-Iran Negotiations Going Well, Oil Continues to Under Pressure
Oil prices weakened on Thursday (July 2nd), as investors looked for signs of progress in indirect negotiations between the United…
Oil Prices Steady at $73 Ahead of Doha Meeting Outcome
Oil prices edged higher today, Tuesday (June 30th), after pressure emerged as shipping flows through the Strait of Hormuz began…
Ship Attacks Shadow Current Oil Prices!
Global oil prices are heading for a weekly decline after shipping activity through the Strait of Hormuz has resumed. However,…
Oil Nearly Erases Gains!
Oil prices weakened again, nearly erasing all the gains made during the US-Iran war. Brent fell to near US$73 per…