Oil Rises As Israel‑Iran Conflict Rages On: Fears Linger Over Hormuz Strait Supply Choke Point Brent crude futures rose 1.4% to $74.24 per barrel while U.S. West Texas Intermediate crude futures gained 1.2% to $71.06 per barrel, as of 5.03 am ET.
Israel Is Pounding Iran's Energy Infrastructure And It's Sending These Oil ETFs Soaring, But It Maybe Bad News At The Gas Pump With tensions continuing to flare in the Middle East, the global energy supply is on tenterhooks, with Israel hitting Iran where it stands to hurt the most.
OPEC’s Oil Output In May Was Lower Than Planned: Here’s Why According to the data published by OPEC, the cartel increased its production output by 154,000 barrels a day, despite announcing plans to improve it by 411,000 barrels during the month.
Oil Climbs As Israel-Iran Tensions Mount — Goldman Sachs Warns Of $100 Per Barrel Risk The attacks have raised concerns about the oil flow at the Strait of Hormuz, a pivotal passage for oil tankers.
Goldman Sachs Says Oil Prices Could Touch $90 If Israel-Iran Conflict Worsens Goldman Sachs analysts said in a recent note that the conflict could result in Iran’s 1.75 million barrels per day supply being taken out of the market.
Israel Has Reportedly Planned Iran Strike For 14 Days, Netanyahu Says ‘Rising Lion’ Has Just Begun Israel could be looking to arrive at a settlement with the Iranian government, similar to the one it announced with Hezbollah.
Crude Prices Slip As Investors Eye Middle East Tensions Following US Order To Evacuate Non-Essential Personnel U.S. West Texas Intermediate (WTI) futures traded 0.9% lower at $67.55 per barrel at the time of writing, after recovering from the day’s lows.
Oil ETFs Surge Over 6% As Trump Orders Middle East Evacuation Amid Iran Tensions, Warns Region 'Could Be Dangerous' Crude oil prices and the ETFs that track the commodity are surging higher amid escalating tensions in the Middle East, sending prices to a two-month high.
Oil Retreats After Surge Sparked By US-Iran Nuclear Deal Standoff Israel has reportedly told the U.S. that it is prepared to attack Iran if negotiations collapse.
Crude Oil Rises As US-China Talks Fuel Optimism U.S. West Texas Intermediate (WTI) futures traded 1.26% higher at $66.22 per barrel during the day, before paring some of the gains.
Oil Keeps Climbing After Hitting Multi‑Week Highs As US‑China Trade Talks Spark Demand Hopes Brent crude futures rose 0.3% at $67.22 per barrel, while West Texas Intermediate crude futures were up 0.2% at $65.43 per barrel, as of 1.04 am ET.
These 5 Oil ETFs Can Ride The Summer Demand Wave Amid Trade Talk Tailwinds Oil prices rise, offering tactical opportunity. Supply tightness, improving sentiment, US-China trade talks and tightening supply boost oil-linked ETFs.
Crude Oil Rises Ahead Of Crucial US-China Trade Talks U.S. West Texas Intermediate (WTI) futures traded 0.90% higher at $65.16 per barrel on Monday morning.
Oil Prices Rise After OPEC+ July Output Boost Viewed As Less Than Feared On Saturday, the Organization of the Petroleum Exporting Countries and its allies, including Russia, pledged to raise production by 411,000 barrels per day in July.
Crude Oil Prices Fall Amid Escalating Trade Tensions With China, Possible OPEC+ Output Hike At the time of writing, U.S. West Texas Intermediate (WTI) crude futures were down 1.50% at $60.03 per barrel.
Crude Oil Surges After Trump Tariffs Get Blocked By US Court At the time of writing, U.S. West Texas Intermediate (WTI) crude futures traded 0.90% higher at $62.40 per barrel.
Exxon CEO Says Capital Plans Hold Even If Oil Prices Drop To $50 Per Barrel CEO Darren Woods stated that ExxonMobil stress-tested its business against “more punitive scenarios” last year and, based on that review, plans to maintain investments and shareholder returns even if oil prices decline further.
Crude Oil Prices Surge As OPEC+ Adopts Plan For Establishing 2027 Quotas Ahead Of July Review At the time of writing, U.S. West Texas Intermediate (WTI) crude futures rallied over 2% to $62.22 per barrel.
Crude Prices Cool As US-Iran Talks, OPEC+ Plans Ease Supply Concerns At the time of writing, U.S. West Texas Intermediate (WTI) futures were down 1.33%, at $60.71 per barrel.
Oil Prices Pare Early Morning Losses Driven By Trump’s Proposal Of 50% Tariffs On EU: Traders Eye US-Iran Talks Brent futures maturing in July dipped 0.62% in early morning trade but then reversed to trade higher by 0.76% to $64.95 per barrel on Friday.
Oil Poised For Weekly Decline As OPEC+ Oversupply Concerns Linger Brent crude futures fell about 0.6% to $64.06 per barrel, while West Texas Intermediate crude futures were down 0.7% at $60.80 per barrel.
Oil Prices Decline After Report Says OPEC+ Considering Raising Production In July Bloomberg reported, citing delegates, that OPEC+ was considering a 411,000 barrels per day hike among other options.
