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Oil finishes sharply higher even as Trump says no attacks on Iran before midterms
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Crude oil futures jumped ~4% on Thursday desp…
Crude oil turns lower as IEA agrees to accelerate oil stock release, prioritize diesel
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Crude oil futures gave up early gains and set…
Head of world’s largest independent oil trader says shipping squeeze creating new bottleneck
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images The global energy crisis triggered by the Ira…
Oil climbs as U.S. storm and Houthi attacks raise supply concerns
[Drilling for oil in the countryside with American national flag overlay] Sunshine Seeds Oil prices rose on Wednesday as a storm moving toward U.S. oil-producing areas and fresh attacks by Yemen’s Iran-backed Houthis on Saudi Arabia added…
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Last Friday's agreement by the G7 countries t…
Saudi East-West pipeline flowing at 5.8M bbl/day as Middle East oil exports recover
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Saudi Arabia is pumping 5.8M bbl/day—more tha…
Supreme Court justices question oil industry's bid to shut down climate change lawsuits
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images The U.S. Supreme Court's justices appeared di…
OPEC+ holds November oil output targets steady amid supply squeeze
[Petroleum, petrodollar and crude oil concept : Oil pump jack and flag of OPEC or Organization of Oil Exporting Countries, depicts the investment in the development or production of global oil industry] William_Potter OPEC+ will keep its o…
Middle East crude exports recover to near pre-war levels but oil products still lag, analysts say
[Cargo vessels congestion blocking maritime traffic in the Strait of Hormuz, tankers and container cargo ships clustered in aerial 3D illustration render.] quantic69 Middle East crude oil exports have rebounded [https://www.wsj.com/busines…
Oil prices drop as G7 nations pledge to release diesel stocks; Saudis said planning attack on Houthis
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Crude oil futures settled modestly lower Frid…
U.S. drilling rig count drops 1 in latest Baker Hughes survey
[Working Pumpjacks On Sunset] imaginima/E+ via Getty Images The number of oil and gas rigs actively drilling in the U.S. declined by 1 to 598, Baker Hughes reported Friday in its latest weekly survey [https://rigcount.bakerhughes.com/rig-c…
Europe to release stocked diesel oil, Trump says; G7 may release up to 100M barrels
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Crude oil futures added to losses Friday afte…
Oil slumps on reports of potential European fuel reserve release
[Oil Barrel Concept on Red Background] RyanJLane/iStock via Getty Images Oil prices fell sharply on Friday, extending earlier losses after reports that Europe could release diesel and crude reserves to ease a global supply shortage. Brent…
Crude oil jumps as U.S. reportedly sends third carrier, more troops to Middle East
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Crude oil futures jumped Thursday following r…
U.S. reportedly tells France, Germany to release diesel inventories or face export ban
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images The Trump administration has told France and…
Markets shrug at Trump’s nuclear relief offer to Iran
[Realistic 3D Illustration. USA and Iran. Waving flags of America and Iran.] Vector/iStock via Getty Images Prediction-market traders remain skeptical that a comprehensive U.S.-Iran nuclear agreement is close, even as President Donald Trum…
Trump said to weigh range of options for lowering diesel costs without full export ban
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Trump administration officials are considerin…
Brent crude jumps above $106 after Houthi attack against Saudi sites
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Crude oil futures rose in a volatile session…
Saudi oil exports surge to highest since start of Iran war on Hormuz ramp-up
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Saudi Arabia's crude oil shipments in Septemb…
Crude oil rebounds after losing streak; diesel futures drop after export restriction talk
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Crude oil futures turned higher Wednesday fol…
Trump says he supports U.S. diesel export ban; Bessent says studying feasibility
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images President Trump said Tuesday he is encouragin…
U.S. retail diesel prices hit record above $6.50 as momentum grows for export ban
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Calls for a U.S. ban on diesel exports are ga…
Oil supertanker shortage: Another risk for gas prices
[Oil tanker sailing on the sea global trade logistics] Miragest/iStock via Getty Images There's now a shortage of oil supertankers, adding more pressure on gasoline prices, with shipping rates reaching record levels around the world. Attac…
Oil falls for third straight day as Saudi supply disruptions look less severe than feared
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Crude oil futures extended declines to a thir…
The Oil Fund Beating USO by Harvesting Roll Yield Faces Its Biggest Test Yet
Quick Read DBO surged 108% year-to-date as WTI climbed from $57 to $107, but the EIA forecasts crude falling to $73 by spring. Unlike USO, DBO scans 13 months of contracts to maximize roll yield, adding T-bill collateral interest as a thir…
Crude oil posts back-to-back losses as Saudi supply outlook improves
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Crude oil futures fell for a second straight…
Oil pulls back from four-month highs as Saudi seeks to push exports away from danger
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Crude oil futures gave back some gains Wednes…
U.S. crude oil tops $105 as Saudi Arabia said to cancel some European cargoes
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images U.S. crude oil futures climbed above $105/bbl…
Inflation As markets anxiously await the outcome of the current FOMC meeting, Treasury yields notched new 19-year highs in trading Tuesday. The closely watched 10-year surpassed 5.0% Tuesday morning in a high not seen since July 2007. Even…
Chevron CEO Wirth, other U.S. oil executives warn global fuel crisis has arrived
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Trump administration officials have said the…
Saudi shuts pipeline that was vital Hormuz bypass as new front opens in Middle East war
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images Saudi Arabia said Friday it has shut the cruc…
'Blasé markets' are ignoring record diesel prices, BofA warns
[Stock market activity shows price changes and trading movements in real time] FabrikaCr While $100-a-barrel crude oil (USO [https://seekingalpha.com/symbol/USO]) (BNO [https://seekingalpha.com/symbol/BNO]) is grabbing the headlines, Bank…
U.S. diesel prices soar past $6 a gallon for first time ever
[Gasoline prices dramatically increase in Europe] LeoPatrizi Diesel prices surged above $6 a gallon for the first time on record, raising concerns about renewed energy-driven inflation just ahead of the fuel’s peak-demand season. The natio…
U.S. crude tops $100 for first time since May as Trump told Iran war could last through end of term
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images U.S. crude oil futures powered past $100/bbl…
Crude inventory falls by 0.4M barrels for the week ended September 4 – EIA
[Working Pumpjacks On Sunset] imaginima/E+ via Getty Images Commercial crude stocks (excluding those in the Strategic Petroleum Reserve) for the week ended September 4: 424.1M BARRELS. Crude inventory change: -0.4M BARRELS vs. -4.5M barrel…
Trump says motorists likely will not see lower gas prices until after midterm elections
[Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.] SlavkoSereda/iStock via Getty Images President Trump said Wednesday that the Iran…