IEA cuts 2026 oil supply forecast as ADNOC offers to shuttle Iraqi crude through Hormuz
The International Energy Agency cut its 2026 oil supply forecast again, projecting a drop of 4.3 million barrels per day…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Oil climbs near $90 as Hormuz Strait attacks harden Iran standoff
Brent crude is hovering just under $90 a barrel after separate attacks hit ships in the Strait of Hormuz and…
Houthi Attack Kills Six in Red Sea as U.S. Navy Strikes Ship Near Iranian Blockade
Iran-backed Houthi rebels killed six people aboard a cargo ship in the Bab el-Mandeb Strait on Tuesday, the first Red…
Oil settles higher as Iran vows Hormuz stays shut and Gulf attacks resume
Oil settled higher for a second straight session as Iran's newly appointed security chief said the Strait of Hormuz stays…
Oil Extends Fourth Straight Gain as Hormuz Hopes Clash With New Attacks
Oil climbed for a fourth straight session as skepticism over a quick Hormuz reopening collided with fresh attacks on shipping…
