China raises gasoline and diesel price caps as Middle East conflict lifts oil prices
China's National Development and Reform Commission is raising retail caps on gasoline and diesel, responding to global crude prices pushed…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
live price
83.440
+2.09%
Oil Prices Fall as Strait of Hormuz Traffic Recovers, Trump Pushes Iran Tariffs
Oil prices fell Friday as recovering crude flows through the Strait of Hormuz eased the war premium built up during…
Oil Slips as Hormuz Tanker Traffic Improves, Still Up Nearly 20% for July
Oil prices fell Friday as tanker traffic through the Strait of Hormuz picked up, even as the United States and…
BP puts its UK North Sea business up for sale after Ithaca talks fail
BP has put its UK North Sea business up for sale, a move set to end more than 60 years…
China’s Crude Import Cuts Are a Key Reason Oil Hasn’t Stayed Above $100 Amid Hormuz Disruptions
Five months of a mostly closed Strait of Hormuz have not driven oil to the $150-$200 levels analysts warned of…
