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U.S. OIL OUTPUT POLICIES
Oil Price Today (July 1): Crude oil above $73 as Iran rejects direct peace talks with US. Where are prices headed?Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...
Oil ticks higher as Iran's refusal to meet US envoys dims ceasefire hopesOil prices saw an uptick as Iran's refusal to meet U.S. envoys heightened tensions, impacting the fragile ceasefire. Despite recent decline...
Rupee ekes out first quarterly gain in five on oil drop, policy salvoThe Indian rupee achieved its first quarterly gain since March 2025, buoyed by falling oil prices and policy efforts to attract dollar infl...
Rupee slips as tepid stocks dull boost from firmer Asian peersThe Indian rupee edged lower against the dollar on Monday, despite positive sentiment from a US-Iran de-escalation and gains in Asian curre...
Rupee treads water, traders await range break to gauge directional trendThe Indian rupee held steady as tensions between Iran and the US eased, with traders anticipating a clearer market direction. Currently tra...
Dollar poised for best month in nearly a year; eyes on jobs data, Gulf tensionGlobal tensions and upcoming U.S. jobs data are keeping the dollar strong, despite a slight dip today. Investors are seeking refuge in the ...
Oil climbs following renewed US, Iran strikes in Middle EastOil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of...
Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...
Gold gains as dollar weakens; still on track for fourth straight weekly lossGold prices saw a modest uptick on Friday, buoyed by a weaker dollar and slightly eased expectations of U.S. interest rate hikes following ...
Iran insists on right to control shipping in Strait of Hormuz after ship hit near OmanIran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...
Oil edges lower amid resumption of strait shipments even as vessel hit near OmanOil prices are poised for significant weekly declines as supply worries ease with tankers navigating the Strait of Hormuz. Despite a cargo ...
Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
Oil prices fall as tankers exit Strait of HormuzOil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between t...
Gold slips as Fed rate-hike expectations buoy dollarGold prices dipped on Wednesday, reaching their lowest point since June 11, as a stronger dollar, fueled by anticipated U.S. interest rate ...
Trump administration touts Iran deal as a payday for US farmers, but Iran denies itA tentative US-Iran deal to end hostilities promises a financial boost for American farmers, with President Trump asserting frozen Iranian ...
US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
'I will do what I have to do' if Iran does not stick to deal: TrumpPresident Trump warned Iran of unspecified actions if it fails to uphold its agreement with Washington, particularly regarding the use of u...
Oil falls as supply starts moving through Strait of HormuzOil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expecte...