Chinese demand surge and Strait of Hormuz disruption push crude oil toward record highs
Crude oil is climbing as surging Chinese demand meets a tightening physical market. The Strait of Hormuz remains effectively shut…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
live price
99.869
-0.19%
Oil extends gains as US and Iran strike tankers in the Strait of Hormuz
Oil rose more than $1 a barrel on Monday after the US and Iran exchanged strikes on tankers in the…
Hedge Funds Turn Most Bullish on Oil Since May as Diesel Hits Record $5.85
Hedge funds pushed their net-bullish Brent crude positions to a three-month high in the week to 1 September, but diesel…
Russia accelerates Arctic energy route ahead of Europe’s 2027 LNG ban
Russia is speeding up development of the Northern Sea Route as Europe's January 2027 ban on Russian LNG approaches. LNG…
OPEC+ holds October oil quotas flat as Hormuz war disrupts exports
OPEC+ kept its October oil output quotas unchanged at a Sunday meeting, sticking to a roadmap the market had already…
