Oil prices remain bullish as rising Middle East tensions increase supply risks across major shipping routes.
The Joint Maritme Information Center warned shipowners that Houthis were ready to attack ships in the Bab al-Mandeb Strait.
Falling U.S. crude inventories and strong LNG exports support energy markets. Discover key technical levels for WTI, Brent and natural gas.
U.S. and Iran continue fighting, but traders believe they could start negotiations soon.
Oil markets balance weaker OPEC demand forecasts with Middle East supply risks. Discover the latest forecasts for WTI, Brent and natural gas.
U.S. crude inventories stayed near minimum operating levels while refined product demand remained firm amid ongoing economic activity. WTI held $79.57 support, Brent defended $84.76, and Natural Gas continued its upward channel at $2.888.
Global crude markets showed resilience with elevated refinery runs supporting transportation and petrochemical demand. WTI defended support at $73.85 with higher lows, Brent held channel support at $78.33, and Natural Gas maintained structure at $3.212.
A fragile U.S.-Iran truce and Hormuz risks could keep oil prices elevated. Here are some energy ETFs investors may want to watch.
Oil prices remain under pressure as supply growth limits the rebound in WTI and Brent, while weak demand signals keep traders focused on key support levels.
I just don't think there's a whole lot of momentum and belief in the oil markets are the moment, as we are trying to sort out post-war life.
Oil markets gain some ground in quiet trading.
Oil markets gain some ground, supported by the pullback of the American currency.