Oil Prices
Oil Prices Today: Brent Settles at $84.95 as Hormuz Risk Stays Elevated
Brent settled at $84.95 after briefly topping $86 as renewed fighting kept Strait of Hormuz supply risks elevated.
Oil Prices
Brent settled at $84.95 after briefly topping $86 as renewed fighting kept Strait of Hormuz supply risks elevated.
Oil Prices
Global oil markets are experiencing a sharp downward correction today as traders react to rumors of a U.S.-Iran peace deal and the fallout of the UAE's exit from OPEC+.
Oil Prices
The 'peace trade' is dead. As President Trump rejects Iran's latest proposal and the Strait of Hormuz remains blocked, oil prices are heading back toward $115/bbl.
Crude Oil
Crude oil prices have surged to $105/b following the rejection of a peace proposal by Washington and escalating clashes in the Gulf. Here is what investors need to know about the current supply shock.
OPEC+
OPEC+ is attempting to signal 'business as usual' with a modest production hike, but the UAE’s departure and the Hormuz blockade tell a different story.