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Brent Oil - Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back From Session Highs Despite Trump’s Threats Against Iran
According to recent reports, the traffic through the Strait of Hormuz has increased. It looks that more countries have secured safe-passage deals with Iran. It is believed that any vessel that passes ...
Brent Oil Is Stressed, Not Broken, by War, Morgan Stanley Says
The growing stress in the oil market triggered by the Middle East war is showing up in huge premiums for prompt real-world barrels, with the wider Brent complex working as it should, according to ...
Why Is U.S. Oil Trading Higher Than Brent?
You might be surprised to see West Texas Intermediate oil prices above those for benchmark Brent. In fact, WTI contracts are still cheaper than comparable Brent prices. The apparent premium is a ...
Oil prices continue to rally: Crude jumps as Trump dashes hopes of quick Iran war end; Brent tops $111
Middle East tensions escalated Friday, sending oil prices soaring as US strikes on Iran intensified. Brent crude climbed 7.8% to $109.03 per barrel, with WTI futures reaching record premiums.
‘Deliverability Crisis’ Due To Iran War Sees WTI Oil Trade Above Brent
In a first since 2022, the US benchmark traded above its global rival contract on Thursday as Asian buyers, starved of Middle Eastern crude, queued up to buy stateside.