Oil could top $120 a barrel by year-end as Middle East conflict escalates, RBC warns
Crude could climb past $120 a barrel by year-end if fighting in the Middle East keeps escalating, RBC Capital Markets…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
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WTI Crude Jumps 11.01% as Houthis Seize Red Sea Islands Near Bab al-Mandeb
October WTI crude futures jumped 11.01% this week after Houthi forces seized Yemen's Red Sea port of Mocha and captured…
IEA cuts Russian oil output forecasts as drone strikes squeeze supply
The IEA has cut its 2026 and 2027 Russian crude output forecasts as Ukrainian drone strikes cripple energy infrastructure, with…
Brent Crude Nears $100 on Middle East Strikes, Then Eases on Hormuz Meeting Hopes
Brent crude approached $100 a barrel this week as fresh Middle East strikes rattled supply lines, before easing on Friday…
Houthis seize Perim Island in Bab al-Mandeb Strait, oil surges toward $105
Houthi forces have seized Perim Island in the Bab al-Mandeb Strait, a day after capturing the Yemeni port city of…
