A Panicked Race for Barrels Is Gripping the Global Oil Market
While investors focused on the fragile Iranian ceasefire this week, a desperate scramble for cargoes has been playing…
Three Oil Supertankers Appear to Make Move Through Hormuz
Two Chinese supertankers loaded with crude appeared to be transiting the Strait of Hormuz hours after a Greek…
Iran War: Global Rate Outlook Tilts Higher After Trump Shock
I’m Zoe Schneeweiss, an economics editor in Frankfurt. Today we’re looking at the global central banks’ interest-rate trajectories.…
Senators Push CFTC to Probe Oil Trading Before Trump Iran News
Two Democratic US Senators pressed the federal derivatives regulator to investigate suspicious oil futures trading in the lead…
Vanguard’s Koutny Sees ECB Hiking Even If Iran Ceasefire Holds
Sticky inflation will force the European Central Bank to lift interest rates twice in the coming months, even…
Global Growth Downgrade Looms as IMF Cites Iran War, Energy and Food Risks
The International Monetary Fund is poised to cut its forecasts for global growth as a result of the…
Treasuries Rally as Powell Says Fed Has Limited Control Over Supply Shocks
The US bond market rallied back from its deepest selloff in 17 months as traders ditched wagers that…
Federal Reserve Faces Iran War-Driven Inflation, Credibility Concerns
The next bout of US inflation looks set to kick in before the Federal Reserve is quite done…
Trump’s Venezuela Oil Grab Is Pushing Chinese Refiners to Canada
China’s refiners, all but cut off from Venezuelan crude in the past week as the US positions itself…
Democrats Snatch ‘All of the Above’ in Energy Affordability Fight
The governor was fuming. The federal government had just pulled funding for what could have become a multi-billion-dollar…
Latest Oil Market News and Analysis for Dec. 8
Oil steadied as traders monitored India’s buying of Russian crude and Ukrainian attacks on its neighbor’s energy infrastructure.…
US Hits Greek Shipper in Expansion of Iran Max-Pressure Campaign
The US Treasury Department sanctioned a Greek shipper it said facilitated the transport of Iranian oil, broadening the…