Iranian oil tankers pass US blockade after US-Iran deal, data shows
At least three tankers carrying Iranian oil have sailed through the U.S. naval blockade this week, with a fourth, an empty vessel, heading towards the Gulf of Oman, after the U.S. and Iran agreed a framework deal to reopen the strategic Strait of Hormuz, shipping data showed.
Middle East crude slips into discounts as U.S.-Iran deal lifts supply outlook
The Middle East crude market weakened sharply this week, slipping into discounts, Reuters data showed, after the United States and Iran agreed a framework deal to reopen the crucial Strait of Hormuz, brightening the global supply outlook.
Oil Futures Rise on Likely Technical Recovery
Oil futures rose in early Asian trade on a likely technical recovery after futures fell for a fourth consecutive session on Tuesday.
Potential Tropical Cyclone One forms off Texas coast, threatening dangerous flash flooding
Potential Tropical Cyclone One has formed off the Texas coast, the U.S. National Hurricane Center said in a Tuesday advisory, warning of heavy rainfall and dangerous flash flooding along the energy corridor that includes major offshore drilling and refining assets.
U.S.-Iran deal allows Tehran to immediately sell oil, WSJ reports
The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end war, the Wall Street Journal reported on Tuesday, citing people familiar with the agreement.
Spot oil premiums slip to pre-war levels after US-Iran deal, but shipping angst provides floor
Spot premiums for crude and some refined products in Asia have fallen back to pre-war levels following a U.S.-Iran deal to end the Middle East conflict, though caution about how soon normal shipping can resume is providing a floor for oil markets.
Major Wall Street Banks Cut Oil-Price Forecasts on Faster Gulf Supply Recovery
Goldman Sachs and Morgan Stanley cut their oil-price forecasts with Persian Gulf flows expected to recover to prewar levels sooner than anticipated.
The peace deal is in the price: Goldman Sachs lowers its oil-price target to market levels
Risks to oil price assumptions in the event of a finalized peace deal are two-sided but the Goldman Sachs report notes that the global economy adjusted very flexibly to the largest oil production shock in history
Oil Prices Fall Further as Trump Says Strait of Hormuz Will Reopen This Week
Brent crude and WTI prices were falling again as President Donald Trump said the Strait of Hormuz could reopen as soon as Friday.
Stock Market Today: U.S. Stock Futures Waver, Oil Falls
Investors seek further clarity on U.S.-Iran peace deal
U.S. Futures Steady, Oil Edges Lower as Markets Stabilize
U.S. stock futures were flat and oil slipped in early European trade as investors awaited further details on terms of the U.S.-Iran peace deal.
Oil rebounds on concerns about US-Iran peace deal, restoration of supply
Oil prices rebounded on Tuesday on concerns about the lack of details in a preliminary agreement ending the war between the U.S. and Iran and the realization the resumption of supply through the key Strait of Hormuz may take longer than thought.
