OPEC+ loses its grip on oil prices as China’s falling imports set the ceiling
OPEC+ has lost much of its grip on oil markets six months into the Iran war, as a blocked Strait…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
live price
92.006
+0.21%
US diesel stockpiles hit record seasonal low as exports surge
US diesel and heating oil stockpiles fell to a record seasonal low of 103.4 million barrels in the week ending…
Oil Falls as Iran-Oman Strike Hormuz Deal, Russia Threatens Ukraine Escalation
Oil prices fell Wednesday as diplomatic progress toward reopening the Strait of Hormuz outweighed renewed Russia-Ukraine tensions in a volatile…
Oil’s War Premium Unwinds Faster Than Gulf Supply Can Recover
West Texas Intermediate fell to $80.52 on Wednesday, its third straight down session, as diplomatic progress on reopening the Strait…
Aramco routes Saudi crude to China through ship-to-ship transfers outside Hormuz
Saudi Aramco is routing more crude oil to Asia through ship-to-ship transfers outside the Strait of Hormuz rather than sending…
