Oil prices surged over 2% Monday before falling back as stalled U.S.-Iran diplomacy and continuing disruptions in the Strait of Hormuz drove a fresh risk premium into crude markets, with Brent rising to $107.8 per barrel at 6:30 a.m. Oil prices surged over 2% Monday before
Chinese exports of clean technology, including solar panels, electric vehicles, and batteries, surged to a record-high in March as the war in the Middle East resulted in a major oil and gas supply shock that drove consumers and governments to lean more on renewable energy and...<
The commodities feed: Oil moves higher amid US-Iran stalemate Oil prices had a strong week, with little progress in peace talks between the US and Iran. The commodities feed: Oil moves higher amid US-Iran stalemate Oil prices had a strong week, with little progress in peac
Goldman Sachs once again raised its outlook for oil prices, now seeing Brent crude at an average of $90 per barrel in the fourth quarter of the year, and West Texas Intermediate at $83 per barrel. Goldman Sachs once again raised its outlook for oil prices, now seeing Brent
WTI drifts higher above $93.50 on Hormuz uncertainty West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $93.65 during the Asian trading hours on Monday. WTI drifts higher above $93.50 on Hormuz uncertainty West Texas Intermediate (WTI), the US cru
Citi: Raising our base case average Brent crude oil price forecasts to $110/95/80/BBL for 2Q/3Q/4Q 2026 Flows could easily remain disrupted through the end of June, which could see Brent oil reach $150/bbl This article was written by Eamonn Sheridan at investinglive.com. C
WTI sticks to modest gains above $94.00 as Hormuz standoff fuels supply concerns West Texas Intermediate (WTI) – the benchmark US Crude Oil price – kicks off the new week on a positive note and reverses a part of Friday's modest decline, though the upside remains... WTI st
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – kicks off the new week on a positive note and reverses a part of Friday's modest decline, though the upside remains capped. West Texas Intermediate (WTI) – the benchmark US Crude Oil price – kicks off the n
Last month, the International Energy Agency (IEA) announced the coordinated release of over 400 million barrels of oil from global strategic reserves to combat high energy prices amid the Middle East turmoil. Last month, the International Energy Agency (IEA) announced the
Goldman Sachs raised its Q4 2026 Brent forecast to $90/bbl and WTI to $83/bbl, citing 14.5 mln bpd of Middle East output losses driving a record 11-12 mln bpd global inventory draw in April. Goldman Sachs raised its Q4 2026 Brent forecast to $90/bbl and WTI to $83/bbl, cit