Tag
Oil
27 articles
Gold Holds $4,360 as Oil Drops 10% on Iran Talks, Pressuring Rate Hike Case
Crude's sharp drop on diplomatic progress weakens inflation argument supporting higher-for-longer rates, reshaping gold's sensitivity to Fed policy.
Saudi Pipeline Shutdown Drains 2.5M Barrels Daily, Depletes Market Buffers
Aramco cancels European crude cargoes after drone attack closes East-West pipeline, eliminating the Strait of Hormuz bypass as global crude inventories near depletion.
Saudi Oman Shipments Ease Supply Fears; Brent Falls 1.8%
Brent crude dropped to $103.95 a barrel as Saudi Arabia rerouted shipments through Oman, partially offsetting Red Sea pipeline attack impacts.
Saudi Pipeline Shutdown Tightens Global Oil Supply — Brent Crude Surges on Bypass Route Closure
The closure of Saudi Arabia's 7 million barrel-per-day East-West pipeline after attacks has sent Brent crude toward $108, disrupting a key alternative to the Strait of Hormuz amid escalating U.S.-Iran conflict.
South African Rand Eases Ahead of Economic Data
The rand steadied on Tuesday as markets awaited South Africa's unemployment and manufacturing figures.
Citadel Bids for U.S. Shale to Bypass Geopolitical Chokepoints
Hedge fund and commodities trader seeks direct ownership of domestic oil production, betting that Middle East supply risks justify physical asset holdings.
Oil Spike Revives Rate-Hike Fears, Gold Hits 3-Week Low
Middle East tensions pushed crude higher, stoking inflation concerns and forcing the bond market to reprice Fed expectations upward, dragging gold lower as yield-bearing Treasuries regain relative appeal.
Oil Spike on Iran Tensions Drives Yields Higher; Warsh Solidifies Hike Bets
Crude surged on Middle East supply fears while Fed Chair Kevin Warsh's hawkish comments pushed markets to price in a near-term rate increase, steepening the front end of the yield curve.
Iran Warns Nations Against Enforcing U.S. Sanctions
Tehran's Foreign Ministry called on countries to reject U.S. economic pressure, linking diplomatic talks to an end to Middle East conflicts.
Brent Crude Falls 3.8% as Diplomacy Shows Hormuz De-escalation
Pakistan and Oman held separate talks with Tehran on reopening the Strait of Hormuz, pulling oil prices lower despite new U.S. sanctions
US Pushes 'Greatest Economic Isolation' Against Iran
Treasury Secretary Scott Bessent said the U.S. will impose sweeping sanctions and maintain a blockade on Iran, calling on other nations to join the effort to isolate the country economically.
Venezuela's Arbitration Concession Attracts First U.S. Oil Deals
Oil Minister Paula Henao secured contracts with SLB and Hunt Oil by embedding foreign arbitration rights into Venezuela's revised hydrocarbons framework, but U.S. sanctions authority remains the limiting variable.
Ukraine's Drone Strikes Force Orenburg Into Fuel Rationing as Russia's Refinery Network Fractures
The Orsk refinery shutdown—six months of repairs, 6 million metric tons of annual capacity offline—has pushed Orenburg Oblast into license-plate-based gasoline rationing.
July Credit Inflows Hit $2.3 Billion as U.S. Consumer Debt Climbs to $1.26 Trillion
Investors moved into riskier bond segments last month even as New York Fed data showed consumer credit card debt at a record $1.26 trillion.
EM Currencies Fall on U.S.-Iran Deal Uncertainty as AI Optimism Lifts Stocks
Developing-nation currencies dropped May 26 as U.S.-Iran talks stalled, while emerging-market stocks rose 0.5 percent for a fourth straight day on AI optimism.
S&P 500 and Dow Hit Record Highs as AI Trade Returns, Oil Falls on Iran Talks
The S&P 500 rose 1.8 percent and the Dow closed at an all-time high as investors rotated into AI-linked tech stocks while oil prices dropped on U.S.-Iran negotiation signals.
Energy Dept. Stalls on Venezuelan Oil as U.S. Refiners Reject Prices
U.S. refiners are refusing to meet price demands for roughly 50 million barrels of Venezuelan crude, stalling a Trump administration initiative and alarming domestic shale producers.
Two Saudi Tankers Go Dark in Red Sea, Lifting Oil Supply Risk
The vessels carrying crude for India disabled their AIS transponders to avoid detection in the high-risk waterway, pushing global freight insurance costs higher.
Macquarie Sees Oil Glut Risk as Iran Deal Pressure Mounts Before Midterms
Analysts say Washington faces a 100-day political window to de-escalate the Iran conflict, a move that could flood markets with sidelined crude.
WTI Crude Drop Steepens Yield Curve, Lifts December Cut Odds to 58%
Falling oil futures are feeding disinflationary expectations, pulling the two-year Treasury yield down 10 basis points and widening the 2s/10s spread to negative 47 basis points.
Oil Falls, Futures Rise as U.S.-Iran Pause Shifts Focus to Fed, Tech Earnings
U.S. stock index futures climbed after a halt in U.S.-Iran hostilities redirected investor attention to the Federal Reserve's policy meeting and major tech earnings.
Ukraine Strikes 13 Russian Shadow Fleet Vessels, Raising Black Sea Shipping Costs
Kyiv's drone strikes on Russian tankers and cargo ships in the Black Sea and Sea of Azov on July 21-22 escalate economic warfare against Moscow's crude exports.
Iran Surrenders Enriched Uranium Stock in Nuclear Deal Win for Trump
Tehran's concession could unlock billions in sanctions relief and restore 1.5 million barrels daily of oil exports
IEA Ready for Oil Release After Past Draw Depleted 20% of Strategic Stocks
Executive Director Fatih Birol said the agency stands prepared to coordinate additional strategic petroleum reserve releases if member nations request action
Occidental Petroleum's $75 Target: Geopolitical Risk Fuels Upside
Escalating Middle East tensions and sustained oil demand could push Occidental Petroleum shares to $75 over the next year, driven by higher crude prices
Trump's Iran Strike Warning Jolts Fixed Income — Treasuries Rally, Oil Surges
President Trump's statement regarding potential U.S. strikes on Iran immediately triggered a risk-off shift across global markets, driving safe-haven demand and commodity price inflation.
Oil Surges 8% to $104, Bitcoin Falls to $71,176 as Geopolitical Tensions Rise
Brent crude oil prices jumped after U.S. and Iranian negotiations failed, sending ripples across global financial markets