ING analysts Warren Patterson and Ewa Manthey say the Oil market has stabilised after a volatile week driven by concerns over Persian Gulf disruptions and the expiry of the ICE Brent Jun-26 contract. ING analysts Warren Patterson and Ewa Manthey say the Oil market has stab
Brent: Large monthly drop after Hormuz scare – UOB UOB strategists note that Brent crude has just recorded its largest monthly percentage decline since December 2025, despite briefly spiking above USD 126/bbl on renewed Strait of Hormuz... Brent: Large monthly drop after H
ANZ forecasts Brent above $90/bbl for the rest of 2026 and $80-85 in 2027, with prices potentially above $100 if Persian Gulf recovery slips to end-2027. ANZ forecasts Brent above $90/bbl for the rest of 2026 and $80-85 in 2027, with prices potentially above $100 if Persia
WTI recovers above mid-$98.00s after gap lower as Hormuz risks offset OPEC+ output hike West Texas Intermediate (WTI) – the benchmark US Crude Oil price – rebounds following a bearish gap opening to the $96.45 area on Monday, though it sticks to modest intraday losses through...<
Oil prices edged lower in early Asian trading on Monday after President Trump announced the U.S. would guide ships through the Strait of Hormuz and OPEC+ confirmed a modest output increase. Oil prices edged lower in early Asian trading on Monday after President Trump annou
For about ten years, Big Oil moved away from Canada’s oil sands and into cheaper, more easily developed—and less regulated—locations. For about ten years, Big Oil moved away from Canada’s oil sands and into cheaper, more easily developed—and less regulated—locations. Now,
Oil falls after Trump says US would help free ships stranded in Strait of Hormuz Reuters Oil falls after Trump says US would help free ships stranded in Strait of Hormuz Reuters
Last month, we reported that Bridger Pipeline LLC has proposed a giant pipeline with a capacity in excess of 1 million barrels per day (bpd) to transport Canadian crude into the United States. Last month, we reported that Bridger Pipeline LLC has proposed a giant pipeline
Opec+ will raise output by 188,000 bpd in June, but the move is largely symbolic while the Strait of Hormuz remains closed following the US-Israel attack on Iran in late February. Opec+ will raise output by 188,000 bpd in June, but the move is largely symbolic while the St
As she sat down to pen her first email to BP’s 100,000 staff, Meg O’Neill opted against sparing the radical rhetoric. As she sat down to pen her first email to BP’s 100,000 staff, Meg O’Neill opted against sparing the radical rhetoric. To the American oil and gas thoroughb
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