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Oil prices jump 7% to top $102/ bbl ahead of US blockade on IranOil prices jumped back above $100 a barrel on Monday as the U.S. Navy prepared to block ships to and from Iran via the Strait of Hormuz in ...- Oil tanker rates to stay strong into 2026 as sanctions remove ships for hireDaily oil shipping rates have surged to three-year highs, driven by strong demand and a shrinking supply of available vessels. Nearly 44% o...
- Oil steadies near lowest since early June as China concerns weighOil steadied on Tuesday near its lowest levels since early June as worries about demand in China were balanced by a government pledge of po...
- Brent oil hovers above $80 after this week's downward spiralBrent crude futures were up $1, or about 1.3%, at $80.54 a barrel by 1445 GMT. U.S. West Texas Intermediate (WTI) crude futures rose $1.01,...
- Shippers bet on green methanol to cut emissions, supply lagsMaersk said methanol-powered ships with dual-fuel options cost about 10%-12% more than conventional ships, but the price difference should ...
- Oil rises for third day as interest rate concerns easeComments from U.S. Federal Reserve Chair Jerome Powell on Tuesday were seen as less hawkish than feared, boosting risk appetite and weighin...
- Oil rebounds after biggest drop in decades at start of yearHelping drive the gains on Thursday was a statement from top U.S. pipeline operator Colonial Pipeline, which said late on Wednesday its Lin...
- Oil falls as China COVID spike dampens demand outlookBrent futures for February fell 96 cents, or 1.15%, to $82.30 a barrel by 1208 GMT. The more active March contract fell 1.2% to $82.98/bbl,...
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