Brent crude falls 8.7% and WTI 8.3% as Iran tensions and Middle East supply fears ease
Brent crude fell 8.7% and WTI 8.3% on Wednesday, a move Citi strategist Scott Chronert found surprising. The drop has…
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
89.238
+0.14%
Brent crude settles up $3.67 at $98.29 as tanker attacks fuel supply worries
Brent crude rebounded on Thursday as new attacks on tankers fed worries about oil supplies. The move reversed a drop…
Iran Exempts India, China, Iraq and Qatar From Hormuz Transit Restrictions
Iran has exempted ships from India, China, Iraq and Qatar from its transit restrictions in the Strait of Hormuz, according…
Oil Industry Braces for Possible Windfall Tax Under a Democratic Congress
Oil industry executives and lobbyists fear Democrats could push a windfall tax on crude profits as part of a deal…
Oil rebounds as investors weigh Iran war outlook after US midterms
Oil prices rose on Thursday after a steep drop in the previous session, as investors weighed what the US midterm…
