Tag Archives: Oil
oil
IEA Sees 2026 Oil Supply Deficit as Hormuz Disruption Deepens, Despite Softer Demand Outlook
IEA warns 2026 oil supply could drop 3.9 million bpd as Hormuz disruptions tighten markets globally.
WTI slips after US inflation revives higher-for-longer rate fears, as focus shifts to OPEC+ discipline
WTI falls 1.5% to $97.20 as hot US CPI lifts rate fears, denting oil demand.
WTI climbs towards $100 as Trump rejects Iran ceasefire and Hormuz supply risks mount
WTI jumps 3.3% near $100 as Hormuz risks intensify; Trump rejects Iran proposal, EIA awaited.
India mulls emergency steps to defend forex reserves as oil nears $95 and rupee weakens
India considers emergency measures to protect forex reserves as oil prices surge, widening deficit and pressuring rupee.
Rupee slides to record low as Hormuz fears lift oil, dollar and spur foreign outflows
Indian rupee hits record low near 95.67 as Hormuz tensions lift dollar, oil risk, FII outflows.
Brent Crude Rises as Hormuz Risk Returns
Brent crude oil (UKOUSD) rises as Middle East risk, US-China talks and inventory data shape the oil outlook.
WTI slides on US-Iran deal hopes as Hormuz risks and rig count data steer sentiment
WTI slid to $92.47 amid Iran-US tensions, Hormuz focus, rising rigs, mixed jobs data, key support.
Nomura Warns Iran War May Keep UK Inflation High, Complicating Rates as Growth Stalls
Nomura warns Iran war may keep UK inflation elevated until 2027, weakening growth, boosting Reform support.
US oil rig count edges up to 410, reinforcing range-bound WTI and subdued crude volatility
Baker Hughes said US oil rigs totaled 410, slightly beating forecasts of 409, signaling marginally stronger drilling activity.
Oil slips despite Hormuz flare-up as traders focus on demand risks and rising option volatility
US, Iranian media report activity near Hormuz; alleged US airstrikes, explosion in Sirik; oil falls.
