Tag
oil
15 articles
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