25 results for "crude oil"
UAE to exit OPEC on May 1, crude oil could hit $90 by June
UAE announced it will exit OPEC on May 1. Crude oil could hit $90 by June at 25% YES.…
UAE Quits OPEC, Crude Oil Explodes To $100 - WTI Technical Analysis
The energy commodity market is seeing its rules change completely. The UAE just announced it will quit the OPEC+ cartel amid a sharp rise in oil prices, now above $100/barrel. Read more here…
UAE's shock OPEC exit: What it means for the oil cartel's future and for crude prices
The UAE wants to ramp up production without constraints from OPEC, which could prove bearish for prices at some point.…
BP profits more than double as oil trading booms on soaring crude prices amid Iran war
The FTSE 100 firm’s preferred profit measure soared to a better-than-expected $3.2bn in the first quarter…
What Are OPEC+'s Fiscal Breakeven Oil Prices Telling Us?
The fiscal breakeven oil prices are telling us that Saudi Arabia is not the only cartel member that needs elevated crude oil prices.…
UAE set to will leave OPEC in blow to oil cartel
The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produces some 40 per cent of the world’s crude oil and exerts major influence over the pric…
Russian missile strike spills 6,000 tons of sunflower oil into Black Sea
A Russian missile strike spilled 6,000 tons of sunflower oil into the Black Sea. WTI Crude Oil hitting $160 by April priced at 85.5% YES.…
Trump considers Iranian offer to reopen Strait of Hormuz, easing oil tensions
Trump is considering Iran's offer to reopen the Strait of Hormuz, leading to a drop in oil price expectations; Crude Oil All Time High by April 30 at 0.5% YES.…
Ukraine strikes Russian oil refinery, cutting output by 300K-400K barrels per day
Ukraine strikes Russian oil refinery, cutting output by 300K-400K barrels per day. Crude oil at $90 by June 30 rises to 20% YES.…
Oil executives meet US officials as Strait of Hormuz tensions rise
Oil executives met with US officials amid rising Strait of Hormuz tensions. Crude oil at $90 by June priced at 25% YES.…
Oil prices climb amid unresolved Strait of Hormuz standoff
Oil prices rise amid the Strait of Hormuz standoff. WTI Crude Oil hitting $160 in April at 0.3% YES.…
UAE pledges stable oil supply amid Iran Strait of Hormuz blockade
UAE pledges stable oil supply amid Iran blockade. Crude oil all-time high by April 30 at 1.1% YES.…
Iran ceasefire eases oil supply fears, Strait of Hormuz reopens
Iran's ceasefire and Strait of Hormuz reopening ease oil supply fears. Crude oil all-time high by April 30 at 2% YES.…
Oil prices jump 3% as US-Iran tensions keep Strait of Hormuz closed
Oil prices jumped 3% as US-Iran tensions keep the Strait of Hormuz closed. WTI Crude at $160 by April 30 priced at 99.9% YES.…
Hormuz blockade persists, why India’s Russian oil import is down from highs seen in March
India Business News: India’s imports of crude oil from Russia have dropped from the highs seen in March when the supply disruptions from the Middle East caused by the US-I.…
Iran running out of space to store its crude; is the real financial crisis still coming?
International Business News: The Middle East conflict has already been rattling global oil flows, draining supplies, tightening reserves and pushing crude prices higher across mar.…
Oil price climbs above $110 for first time in three weeks
Brent crude rises after White House reiterates ‘red lines’ in negotiations with Tehran…
Global oil contract tops $110 after reports that Trump unhappy with proposal from Iran to end war
Brent crude futures for June delivery climbed to about $111 a barrel as the endpoint of the conflict remains unclear…
Bitcoin loses $77,000, ether, solana slide as Hormuz standoff lifts oil to 3-week high
Bitcoin traded at $76,923 on Tuesday morning, down 2.4% over 24 hours after rejecting $79,400 the previous day, with the entire top 10 closing red as Brent crude extended its rally to a seventh straig…
Oil prices rise despite Iran’s proposal to reopen Strait of Hormuz
Brent crude rises more than 1 percent despite Iran's offer to reopen waterway in exchange for deferral of nuclear talks.…
Global oil futures top $100 again after U.S.-Iran peace talks canceled
West Texas Intermediate and Brent crude prices rose after Jared Kushner and Steve Witkoff were told not to travel to Pakistan for negotiations…
Sweden warns of jet fuel shortage amid Middle East conflict concerns
Sweden warns of a jet fuel shortage due to Middle East tensions. US crude oil reserves falling to 325M by May 1 at 0.4% YES.…
Iran allows Japanese supertanker through Strait of Hormuz, easing supply fears
Iran allows a Japanese supertanker through the Strait of Hormuz, reducing supply fears. Crude oil all-time high by April 30 at 0.5% YES.…
Qatar warns Iran against using it as ‘political punching bag’ amid talks
Qatar warns Iran against political manipulation, with a US-Iran meeting by April 30 at 100% YES, while crude oil all-time high by April 30 is at 0.5% YES.…
Trump calls for US to open Strait of Hormuz amid Iran ‘collapse’ claim
Trump calls for the US to open the Strait of Hormuz amid claims of Iran's collapse. Crude oil all-time high by April 30 at 0.5% YES.…