Iranian Resolve Strained But Traders’ Faith In Its Control Of Hormuz Causes 5% Weekly Loss For Oil
Meanwhile, earnings on the Saudi Arabia-to-China supertanker route reach record highs: File Image/Pixabay
The prospect of…
Oil Steady As Iran Blinks in U.S. Standoff And Girds For Trump’s Economic Assault
Meanwhile, Saudi oil shipments bypassing Houthi hunting grounds soar: File Image/Pixabay
In a virtual repeat of…
Oil Set For Major Weekly Gain As Washington Preps to Isolate Iran Economically
Meanwhile, China squeezes out India for Russian crude: File Image/Pixabay
The oil market on Thursday found…
Iran Rules Out Talks Extension As Ceasefire Ends; Oil Settles Up 2.5%
Meanwhile, just 13 ships transit the Hormuz over the weekend: File Image/Pixabay
Deal fatigue – the…
Oil Rangebound After Strait Attacks, Suspicions That U.S./Iran Peace Is Unfeasible
Meanwhile, the IEA sees a contraction of oil demand this year: File Image/Pixabay
Oil eked out…
Oil Leaps 5% As Iran Stokes Hostilities Between Saudis And Houthis
Meanwhile, U.S. president Trump vows to destroy Iranian power plants if Hormuz attacks continue: File Image/Pixabay
…
Oil Steady As Threat Level In Hormuz Remains “Severe”
Meanwhile, Iran is reportedly ready to battle over Hormuz control: File Image/Pixabay.
Oil trading on Friday…
U.S./Iran Hostilities No Match For Inflation Worries, Oil Dips 2%
Sentiment holds that the resumption of hostilities will be short-lived: File Image/Pixabay.
Despite a U.S./Iran ceasefire…
Oil Steady As Iran Vows Revenge On The U.S. And Trump Threatens To “Finish The Job”
Oil production is skyrocketing but a glut is unlikely, one analyst argues: File Image/Pixabay.
Global crude…
Oil Steady As “Progress” Made In U.S./Iran Talks – Despite Iran Warning It Controls The Hormuz
Meanwhile, transit recovery prompts HSBC to predict a short-term mini glut: File Image/Pixabay
Two key benchmarks…
Oil Continues To Drop As Analysts Now Fear Worldwide Supply Glut
Their concern is based on the market recovering from the U.S./Iran war far faster than expected: File…
US Treasury’s OFAC Issues Temporary Waiver of Iran Oil Sanctions
Bunkering of ships involved in the export of Iranian oil will be permitted by the US until…