Oil prices dip as investors assess trajectory of US-Iran tensions
Oil prices eased in early Asia trade on Thursday, following the previous day's 4% jump, as investors assessed efforts by the U.S. and Iran to resolve tensions while both sides have stepped up military activity in the key oil-producing region.
Oil Surges On Geopolitical Risk Despite Bearish Outlook
Oil futures spiked by over 4% in intraday trading on Wednesday, as elevated U.S.-Iran tensions and fears of a conflict in the Middle East gripped the global market.
Crude futures rise on U.S.-Iran tensions
Traders are assessing the possibility that the U.S. would attack Iran, and are considering the disruption that could cause to markets.
Trump lauds Japan's pledge to invest $36 billion in U.S. oil, gas and critical mineral projects
U.S. President Donald Trump has lauded nearly $36 billion in investment from Japan to support three American-based projects. It represents the first batch of investments by Tokyo following a landmark trade deal struck under Trump last year.
Natural Gas and Oil Forecast: Tengiz Output Surge Caps Crude at $70?
Oil prices ease as Tengiz output ramps up and US crude stocks rise 2.3 mn barrels, while geopolitical tensions keep WTI and Brent volatile.
Italy's Eni plots return to oil and gas trading, FT reports
Italian energy major Eni is weighing re-entering oil and gas trading as it seeks the outsized returns enjoyed by BP , Shell and TotalEnergies as geopolitical tensions fuel energy price volatility, the Financial Times reported on Wednesday.
Crude Oil Price Forecast: Testing Support Before Possible Bounce
WTI crude oil faces short-term weakness near 20- and 200-day averages, but technical support and recent trend reversal suggest an eventual continuation of the bullish trend.
Resilient U.S. Oil Production Is a Boon to Trump. How Long Will It Last?
The oil patch defied expectations over the past year by weathering low crude prices with record-breaking production. But big drillers are preparing for a slowdown.
Crude Oil Price Analysis – Crude Oil Continues to See Buyers on Dips
The crude oil market has gone back and forth during the course of the trading session again on Tuesday, as traders continue to try to sort out where things are going in the future.
EU says no short-term oil supply risk in Hungary, Slovakia
The European Commission sees no short-term risk to the security of oil supplies in Hungary or Slovakia following the disruption of Russian oil flows via Ukraine because both EU countries have ample emergency stocks, a Commission spokesperson said on Tuesday.
Oil News: Traders Buy the Dip as Iran Talks Reignite War Premium in Crude Oil
War premium lifts crude oil as Iran talks drive bullish sentiment, with WTI futures holding key support and traders watching rising geopolitical risk.
Natural Gas and Oil Forecast: Inventory Surge Caps Oil, NG Coils – Is $60 Oil Next?
Oil prices face pressure as rising inventories and a 2.4 mb/d supply surge cap gains, while Natural Gas coils below $3.33 resistance amid demand concerns.
