Oil extended declines as more tankers openly cross the Strait of Hormuz, while the US and…
Tag: oil
Chubb CEO flags threat disrupting global oil supply
When the CEO of the world’s largest publicly traded property and casualty insurer describes a waterway…
Occidental Offers A 25% Upside At $70 Oil
Occidental Offers A 25% Upside At $70 Oil#Occidental #Offers #Upside #Oil
Commodities: Oil Rises Amid Shaky Start To U.S.-Iran Ceasefire
Commodities: Oil Rises Amid Shaky Start To U.S.-Iran Ceasefire#Commodities #Oil #Rises #Shaky #Start #U.S.Iran #Ceasefire
High gas prices are just the beginning: How the Iran war is changing the global energy map
The U.S.-Israel war with Iran has caused the largest global energy-supply shock ever: Some 20% of the…
Dow futures drop and oil jumps as first day of US-Iran talks sees Trump threaten Tehran on Hormuz
U.S. stock futures fell and oil prices rose after peace talks between the U.S. and Iran…
Oil flows through Hormuz despite Iran saying it’s shut
Millions of barrels of oil continued to flow through the Strait of Hormuz this weekend even…
Oil keeps flowing through Hormuz despite Iran saying it’s shut
Millions of barrels of oil continued to flow through the Strait of Hormuz this weekend, even…
Shipping companies will decide when the Strait of Hormuz is open, and the latest deal sows confusion
Just days after the U.S. and Iran signed a memorandum of understanding to reopen the Strait…
The Strait of Hormuz may be open soon—but Asia still faces a prolonged oil supply crunch
The U.S. and Iran signed a long-awaited “memorandum of understanding” on June 17, pausing a Middle…
Goldman says Hormuz oil flows may recover to only 70% after war
Oil flows going through the Strait of Hormuz may recover to only about 70% of their…
Morgan Stanley changes its oil forecast for the rest of 2026
The title of the note says everything about the question Morgan Stanley is trying to answer.…
Total oil trading gain doubled to about $1bn last quarter
TotalEnergies SE’s oil trading profits doubled to about $1 billion in the first quarter as the…
Current price of oil as of June 17, 2026
At 9 a.m. Eastern Time today, the price of oil sits at $80.78 per barrel, using…
Chevron CEO to investors: It’s not just about oil prices
For most of the past four months, the story around Chevron (CVX) has been told through…
Filling up your car won’t feel normal until next summer, S&P says
The war in the Middle East might be drawing to a close, but one of the…
The jet fuel crisis never existed, sources say
The end of the conflict with Iran will be accompanied by a sigh of relief from…
White House makes promise on Strait of Hormuz, oil
“Ships of the World, start your engines. Let the oil flow!” President Donald Trump’s Truth Social…
The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until 2027
The memorandum of understanding that the U.S. and Iran have endorsed will fully reopen the Strait…