Tag Archives: Oil

oil

Brent tops $110 as Middle East conflict, UAE outages and sanctions tighten global oil supply

Drone attack, stalled US talks, and refinery constraints lift Brent; UAE output drops, sanctions tighten, pipelines expand.

IEA Flags Rapid Stock Draws as Physical oil Tightness Leaves WTI Priced for Upside

IEA warns commercial oil stocks are shrinking rapidly, futures mispricing strain, reserves limited, and WTI prices rising.

Iran-Oman Hormuz talks and US backchannel calm markets, leaving crude options risk underpriced

Iran and Oman discussed Hormuz transit safety; US talks continue via Pakistan; dollar dipped, oil eased slightly.

Rabobank warns Hormuz closure tightens oil supply as traders weigh renewed US strikes on Iran

Rabobank warns Strait of Hormuz remains closed day 79, stocks draw, risks rise amid Iran tensions.

ECB flags Middle East oil shock inflation risk as SocGen sees June rate hike odds rising

ECB warns Middle East oil shock boosts inflation more than hurts growth; confidence slump could hit 2027.

Global equities weaken as yields climb on fiscal and oil fears; energy outperforms, volatility rises

Global stocks slid as bond yields jumped and oil surged; energy rose, while broader sectors weakened.

WTI nears $103 as drone attacks and Iran tensions revive supply shock fears

WTI rose near $102.70 as drone attacks, US-Iran tensions, and expiring waivers heightened supply fears.

Oil Jumps as Iran Strike Risk Returns

CL-OIL rises as Hormuz risk, UAE drone strike and US-Iran deadlock lift supply and inflation fears.

USD/CAD edges higher as Iran tensions lift oil, while Fed cut bets temper dollar demand

USD/CAD rises above mid-1.3700s on stronger dollar; oil gains support loonie as Middle East tensions aid USD.

WTI hits two-week high near $102 as Iran tensions fuel supply fears, dollar firms

WTI hit a two-week high near $102.30 as US-Iran tensions and stronger dollar shaped prices.