Brent: Higher prices needed as Hormuz stays shut – OCBC OCBC strategists Sim Moh Siong and Christopher Wong highlight that Brent briefly topped USD126 as the Strait of Hormuz closure and inventory drawdowns tightened supply, but optimism on a US–Iran deal has recently weighed...<
The UAE is out with a statement condemning the attack as one of its ADNOC crude oil tanker was targeted by two Iranian drones off the coast of Oman. The UAE is out with a statement condemning the attack as one of its ADNOC crude oil tanker was targeted by two Iranian drone
Elevated oil prices for a sustained period of time would tip the global economy into a recession, Moody’s Analytics’ head of international economics, Gaurav Ganguly, told CNBC, pegging the game-changing price at $125 per barrel of Brent crude. Elevated oil prices for a sus
WTI Oil rises towards $100 after Trump vows to free Hormuz ships Crude prices appreciate again on Monday despite US President Donald Trump’s pledge to rescue Hormuz vessels. WTI Oil rises towards $100 after Trump vows to free Hormuz ships Crude prices appreciate again on M
Crude prices appreciate again on Monday despite US President Donald Trump’s pledge to rescue Hormuz vessels. Crude prices appreciate again on Monday despite US President Donald Trump’s pledge to rescue Hormuz vessels. The US benchmark West Texas Intermediate (WTI) barrel t
A Russian tanker carrying crude from Sakhalin Island is set to arrive in Japan today in the latest sign energy-strapped importers are intent on securing any supply they can find, even from sanctioned suppliers. A Russian tanker carrying crude from Sakhalin Island is set to
Oil: Market steadier as Hormuz risks persist – ING 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... Oil: Market steadier as Hormu
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