WTI
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Strait of Hormuz Disruption Sends Brent Above $100 and Cuts Gulf Oil Exports by 60 Percent
WASHINGTON, July 15 — A partial closure of the Strait of Hormuz could remove 5 to 10 million…
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Trump’s Iran ceasefire end sends oil prices surging
WASHINGTON, July 8 — President Donald Trump’s declaration on March 30, 2025, that the ceasefire with Iran is…
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Global Oil Benchmarks Shift as OPEC Supply Decisions Drive Prices
The worldwide oil market hinges on a few key reference points: West Texas Intermediate, Brent Crude and the…
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Oil prices rise as OPEC+ maintains cuts and China eases COVID restrictions
Oil prices rose by as much as 2% on Monday, a move that carries ripple effects for neighboring…
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Saudi Price War Triggers 22% Oil Plunge in Single Day
Brent crude lost more than a fifth of its value in a single day. That is not a…
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The Missile Barrage That Taught Markets How to Price a War
SINGAPORE, Jul 28 — For a few hours on January 8, 2020, oil markets flashed a warning that…
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