Geopolitical tensions in the Middle East drive WTI prices to $89.40, nearing $3 weekly gains amid supply disruption fears. West Texas Intermediate crude climbed to $89.40 per barrel, up nearly $3 from last week’s close, as Middle East tensions intensified. US-Iran skirmish
State-owned refiners freeze prices following an 8.6% April increase amid tighter supply and airline pressure. Indian state-owned refiners have frozen domestic jet fuel prices after airlines requested relief from recent hikes. The move follows an 8.6% price increase in Apri
State-owned refiners freeze prices following an 8.6% April increase amid tighter supply and airline pressure. Indian state-owned refiners have frozen domestic jet fuel prices after airlines requested relief from recent hikes. The move follows an 8.6% price increase in Apri
The index rose 1.43% last week, extending its winning streak to nine weeks amid lower oil prices and geopolitical optimism. The S&P 500 closed at record levels, driven by easing stagflation fears as oil prices declined and progress in US-Iran negotiations boosted sentiment
Higher oil prices may reduce demand and soften supply shocks Goldman Sachs commodity analysts believe that demand destruction resulting from higher prices will somewhat soften the blow from physically tighter oil markets. The investment bank's analysts estimate that t
Oil prices rise as geopolitical tensions escalate after Kuwait reports missile and drone attacks targeting its territory. West Texas Intermediate crude oil prices advanced to $88.45 in early European trading Monday, extending gains after Kuwait’s military reported missile
Oil prices rise as geopolitical tensions escalate after Kuwait reports missile and drone attacks targeting its territory. West Texas Intermediate crude oil prices advanced to $88.45 in early European trading Monday, extending gains after Kuwait’s military reported missile
WTI gains over 2% amid supply concerns West Texas Intermediate oil price gains ground after three days of losses, trading around $88.80 per barrel. The price rise is attributed to supply concerns intensifying following Israel's orders for troops to move further int
Berkshire Hathaway buys Taylor Morrison for $8.5bn Berkshire Hathaway has agreed to acquire homebuilder Taylor Morrison for $8.5bn in cash, at $72.50 per share. The deal is expected to close in the second half of 2026 and represents a 24% premium to Friday's close.
Quick Read - USO’s structural advantage depends on backwardated WTI futures curve that generates roll yield, but this tailwind reverses if the strait reopens. - Watch Kpler tanker data and the CME WTI futures strip: climbing Hormuz traffic or a flattening curve signals the...
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