Soaring freight costs could make Japan’s crude imports the world’s most expensive
Freight now makes up roughly a fifth of the cost of a crude cargo, and Japan is absorbing the sharpest…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Iran’s Pezeshkian Pushes for US Ceasefire Deal Before November Midterms
Iran's President Masoud Pezeshkian wants Washington to revive the collapsed June ceasefire memorandum before the November midterm elections and says…
Oil settles up 3% as Houthi missile attack on Saudi Arabia revives supply fears
Oil prices climbed about 3% on Thursday to a one-week high after a Houthi missile attack on Saudi Arabia revived…
Oil Jumps for a Second Day as US-Iran Diplomacy Hopes Fade
Oil rose for a second straight session on Thursday as hopes for a U.S.-Iran diplomatic breakthrough faded at the United…
Brent settles up 3.4% at $106.60 after Houthi missile attack on Saudi Arabia
Brent crude oil settled up 3.4% at $106.60 a barrel on Thursday after Saudi Arabia intercepted a Houthi missile attack,…
