Oil Traders Stay Bearish on Peace Deal Bets Even as Hormuz and Red Sea Risks Mount
Oil traders are betting on a fast US-Iran peace deal even as hostilities in the Middle East and Red Sea...
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
70.091
+1.11%
Brent crude settles above $83 as blockade lift hinges on Hormuz deal
Brent crude settled at $83.55 a barrel on Friday, up 1.3%, as traders weighed a possible Iran-Oman deal to reopen...
Oil gains as traders await Hormuz deal snagged by transit fee dispute
Brent and WTI both climbed more than 1% on Friday as traders waited on a U.S.-backed deal to reopen the...
US Oil Rig Count Holds at 588 as Permian Drilling Climbs
Baker Hughes' weekly count showed the total US oil and gas rig tally unchanged at 588, with oil rigs up...
Iran’s Parliament Weighs Bill to Permanently Ban US, Israeli Ships From Strait of Hormuz
Iran's Parliament is weighing a bill to permanently bar U.S., Israeli and other vessels it deems hostile from the Strait...
