Japan’s Intervention Overrides a Hawkish Fed to Sink the Dollar
The dollar fell 1.64% last week to close at 99.80, its lowest level since mid-June, even as a hawkish Fed…
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
Brent Crude Oil
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Tanker Struck Near Oman as Iran Threatens to Choke Off More Shipping Routes
A tanker near Oman was hit by an unidentified projectile and a second vessel reported an explosion nearby, as Iran…
Europe’s heat waves and tanker reroutes lift odds of a new oil all-time high
Heat waves across Europe have cut output from nuclear, gas, coal, wind, and hydroelectric plants, pushing the region to lean…
Oil prices rise after Iran halts ships in Strait of Hormuz; Exxon, Chevron warn of prolonged high fuel costs
Oil prices rose after Iran began stopping ships in the Strait of Hormuz, a corridor that carries about one-fifth of…
Saudi Arabia’s Oil Windfall Narrows Budget Deficit as War Cuts Output
Saudi Arabia's second-quarter budget deficit shrank by nearly three-quarters, as a jump in oil revenue offset a war-driven drop in…
