Tag
#West Texas Intermediate
Commodities
Iran oil stockpile tops 20M barrels as buyers hold back
Iran oil stockpile topped 20 million barrels as buyers held back after Doha talks, leaving stranded crude to cap rallies and keep supply risk alive.
By Reza Najjar
Commodities
Strait of Hormuz attack lifts oil as shipping risk returns
Strait of Hormuz attack lifted Brent 2.1 per cent and WTI 2.3 per cent as a struck cargo vessel revived tanker risk and paused evacuations.
By Reza Najjar
Commodities
Oil surges 5.1pc to $93 as US strikes Iran for second night; stock futures slide
Oil surged 5.1 per cent to $93.15 a barrel and US stock futures fell after the American military launched a second consecutive night of strikes on Iran, putting further strain on a fragile ceasefire.
By Reza Najjar
Commodities
Oil falls as Lebanon ceasefire trims crude war premium
Oil falls as Brent drops to $97.03 and WTI to $95.32, with traders trimming war premium but keeping Hormuz risk in view.
By Reza Najjar
