United States Brent Oil Fund, LP (BNO)
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Even if You're Not Driving, You're Probably Using Oil
It isn't just cars and airplanes. Oil is a key ingredient in thousands of common products.
Egypt says it will pay $1.3 billion in arrears to oil companies by June
Egypt will settle $1.3 billion in arrears to international oil companies by June, the petroleum ministry said on Saturday, accelerating its previous timetable for repayments.
Oil Shocks Could Continue to Rattle the Market As Iran War Rages On
It will be tough for Wall Street to rebound until energy prices subside. Value stocks and Big Tech could hold up well, though.
Here's the exact oil price that would tip the U.S. into a recession — and we're getting closer as the Iran conflict drags on
A bulletproof U.S. economy has shot past a series of shocks since the 2020 pandemic and grown for five straight years, but soaring oil prices tied to the Iran war have emerged as a potential trigger for recession.
Refiners in India, elsewhere in Asia look to buy Iranian oil after US waives sanctions
Indian refiners plan to resume buying Iranian oil while refiners elsewhere in Asia are examining such a move after Washington temporarily removed sanctions to alleviate an energy crunch caused by the U.S.-Israeli war on Iran, traders said on Saturday.
Oil Prices Are Bullish. Why Are Bets for a Fall Rising?
Mounting short interest in the United States Oil Fund suggest that traders are hedging their bets as prices top $100 a barrel. At the very least, that could mean continued volatility.
US authorizes temporary delivery, sale of oil originating from Iran
The United States on Friday gave a 30-day authorization for the delivery and sale of crude oil and petroleum products of Iranian-origin loaded vessels, according to the U.S. Treasury Department.
US awards contracts for 45.2 million barrels of oil from strategic reserve
The U.S. Energy Department said it had awarded contracts to loan 45.2 million barrels of oil from the Strategic Petroleum Reserve(SPR) as of Friday.
Here's Why Oil Prices May Remain High Even If the Iran War Ends
Three weeks into the “four to five week” U.S.-Israeli war in Iran, the long-term implications for oil markets and economies are coming into focus.
Frank Talk: Oil shock sends yields higher and gold lower
Gold's recent weakness is a short-term anomaly driven by an oil-induced surge in interest rates and the U.S. dollar, not a breakdown of its long-term safe-haven role.
Oil Prices to Stay High for Long? ETFs to Gain/Lose
Oil tops $110 as Middle East tensions persist. Goldman Sachs sees elevated prices through 2027 -- energy ETFs gain while retail, airlines lag.
A US Oil Export Ban Would Be Catastrophic, Schork Says
Stephen Schork, principal and editor of The Schork Group, say a US ban on exporting oil would be catastrophic and would be a political tool. He speaks on "Bloomberg Surveillance.
