Iran fires anti-ship missiles from Qeshm Island toward the Strait of Hormuz
Iran fired anti-ship missiles from Qeshm Island toward the Strait of Hormuz and the Gulf of Oman. The launch adds…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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XOP’s 43% Rally Hinges on How Fast the Strait of Hormuz Reopens
The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is up 43% this year on a Middle East…
Rystad Energy Cuts Russian Oil Output Forecast as Refinery Attacks Intensify
Rystad Energy has cut its 2026 Russian crude output forecast to 8.95 million barrels per day, with 2027 output sliding…
US Strategic Petroleum Reserve falls below 300 million barrels, raising cavern damage concerns
The U.S. Strategic Petroleum Reserve has fallen below 300 million barrels for the first time since it was filled in…
Senegal raises fuel prices as Middle East tensions lift oil markets
Senegal raised regulated fuel prices effective August 15, 2026, lifting super gasoline to 990 CFA francs per liter and diesel…
