Browsing: Market News

Daily Light Crude Oil Futures West Texas Intermediate (WTI) crude futures jumped as high as $77.62 before retreating, closing well…

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Tankers depicted in the Strait of Hormuz — a strategically important waterway which separates Iran, Oman and the United Arab…

Russia presents the biggest unknown. Moscow can add 500,000 barrels but needs high prices to fund its war machine. The…

Global sales of electric vehicles and hybrids rose by 24% in May to 1.6 million as China recorded sales of…

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Smoke rises up after an explosion in Tehran, Iran, Friday, June 13, 2025.Vahid Salemi | APDUBAI, United Arab Emirates —…

Chinese teapot refineries provide the wildcard. These independent processors lack strategic reserves and sophisticated hedging. They’ll pay any price to…

Crude oil analysts are in a rush to revise their forecasts in the wake of Israel’s attacks on Iran as…

An escalation in Israel-Iran tensions could trigger a wider regional conflict, potentially sending crude oil prices above $80. A lasting…