Saudi Pipeline Restart and Hormuz Workarounds Swing Oil Prices
Saudi Arabia's East-West pipeline restart pulled oil prices lower this week, but Hormuz-area workarounds are costing exporters record freight rates….
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
Brent Crude Oil
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107.175
+0.25%
US Crude Stockpiles Rise 3 Million Barrels as Gasoline, Distillate Supplies Fall
US crude stockpiles rose by 3 million barrels last week even as gasoline and distillate supplies fell, the EIA reported….
Goldman Sachs’ Fed rate call hinges on a sustained oil price pullback
Goldman Sachs expects the Fed to deliver one more rate hike on Oct. 27 and then pause, a call that…
Bitcoin Liquidations Hit 3,049% Imbalance as Crypto Rally Unwinds
A sharp correction in Bitcoin, XRP and Ether triggered $504.62 million in forced liquidations over 24 hours, with longs wiped…
US crude stocks jump 2.969 million barrels as forecasters expected a draw
U.S. crude oil stocks rose 2.969 million barrels for the week ending September 18, confounding forecasts for a 641,000-barrel draw….
