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Crude Oil Price Analysis – Oil Continues to Have Erratic Moves
Crude oil continues to be very noisy as we are watching the latest headlines coming out of the Middle East, as hostilities have had a few flareups.
Kuwait declares force majeure on oil shipments amid Hormuz blockade, Bloomberg News reports
Kuwait has declared force majeure on shipments of crude oil and refined products after a blockade of the Strait of Hormuz prevented some vessels from entering the Persian Gulf, hindering its ability to meet certain customer commitments, Bloomberg News reported on Monday, citing a document.
SocGen benchmarked the Iran war to every crisis since 1956. Here's when oil prices return to normal.
Analysts at Societe Generale forecast full normalization to occur toward the end of the year
Trump, Iran, Oil, Hormuz. Markets Face Familiar Fears This Week, But There's Hope.
Nexstar will appeal merger ruling, AST SpaceMobile satellite launch fails, Berkshire Hathaway is unloading stocks, and more news to start your day.
The Kremlin, on the U.S. waiver, says you cannot ignore Russia's oil volumes
The Kremlin, when asked on Monday about a U.S. sanctions waiver on some Russia's oil exports, said that Russia was a responsible and important player on global energy markets and that it was hard not to take Russia's export volumes into account.
UK stocks slip as uncertainty over US-Iran ceasefire lifts oil prices
UK's main stock indexes dipped on Monday in a broad-based decline as fears that the U.S.-Iran ceasefire could collapse weighed on market sentiment.
Oil futures climb after Strait of Hormuz closed again as peace talks thrown into uncertainty
West Texas Intermediate and Brent crude have risen to levels reached before Friday after the shipping route was shut again
Oil Up, U.S. Futures Fall Amid Increased Middle East Tensions; U.S. Retail Sales Eyed
Investors look ahead to another week of earnings while retail sales data on Tuesday will be closely watched to see how higher oil prices have hit consumer spending.
Big Oil Plows Billions Into Far-Flung Drilling Sites to Escape Iran Turmoil
Exxon, Chevron and other energy companies are turning to Africa and South America to secure their next generation of prospects.
Oil prices climb as US-Iran peace talks stall
Oil prices surged after peace talks between the US and Iran stalled on Sunday. President Trump said that peace talks would resume, but Iran said it would not participate.
Oil prices jump more than 7% after Iran and U.S. attack ships as tensions escalate over Strait of Hormuz
Crude oil prices surged Sunday, as the U.S. and Iran teetered on the brink of a renewed war after attacks on commercial ships in the Strait of Hormuz.
Oil News: Crude Oil Outlook Turns Negative as Diplomacy Eases Supply Risk
Crude oil futures plunged as Iran kept the Strait of Hormuz open, easing supply fears and shifting the oil outlook bearish as traders unwind risk premium.
