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US hits commercial tanker in Gulf of Oman as tensions flare
The ship tried to break through America’s naval blockade of Iranian ports, Central Command says of i...
Tanker Rates Soar to Record as Oil Crisis Becomes Shipping Crisis
The cost of shipping crude oil soared to record highs last month as the Iran war reshuffled trade ro...
Emergency Oil Releases Risk Draining the World’s Last Supply Cushion
Earlier this week, the International Energy Agency, after consulting with G7, said it would release ...
Canadian Dollar seems vulnerable near April 2025 lows amid weak oil prices, bullish USD
The USD/CAD pair attracts some dip-buyers during the Asian session on Tuesday, stalling the previous day's modest pullback from the vicinity of the 1.4300 mark, or its highest level since April 2025.
WTI falls to near $88.50 on G7 reserve release
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $88.60 during the early Asian trading hours on Tuesday. WTI faces some selling pressure as rising Middle East crude exports ...
Trump says he will use Maga Inc to pay for taxpayer-funded ads
US president reverses course after defending television spots that ran during National Football League games and ‘Saturday Night Live’
Oil price floor likely rising to $70/bbl, ConocoPhillips chairman says
US President Donald Trump signs order to ease limits on diesel variety to curb costs
US President Donald Trump signed an executive order to ease restrictions on the use of a tax-exempt variety of diesel, Bloomberg reported on Monday.
BP must make better use of investor capital, CEO O’Neill says
Standard Chartered Says Hormuz Oil Flows Are Far From Normal
Oil flows through the Middle East have staged an impressive rebound, with export volumes recovering to near pre-war levels even as traffic through the Strait of Hormuz remains well below normal. Stand ...
Yemen's Houthis claim missile, drone strikes on multiple targets in Saudi Arabia
Yemen's Houthi group said on Monday that it carried out three military operations using ballistic and cruise missiles and drones against airports, an oil facility, and military sites across Saudi Arab ...
Review & Preview: Artificial Highs?
The Nasdaq hit its 23rd record close of the year, as AI once again dominated trading.
Supreme Court justices question oil industry's bid to shut down climate change lawsuits
The Japanese Yen firms on a BoJ speech about AI and gives it all back
Bank of Japan (BoJ) Governor Ueda speaks on Tuesday at 06:35 GMT, and his first major remarks since the September 18 hike to 1.25% are the next test of October hike bets. Traders give a second hike on ...
Gold holds steady below $4,150 amid elevated US yields
Gold price (XAU/USD) trades on a flat note near $4,140 during the early Asian session on Tuesday. Pressure from a stronger US Dollar (USD) and elevated US Treasury yields was offset by reduced expecta ...