WTI
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Oil Market Shock: How the Missile Attack Sent Crude Prices Surging
SINGAPORE, Jul 28 — For a few hours on January 8, 2020, oil markets flashed a warning that…
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West Texas Intermediate remains key U.S. oil pricing benchmark
CUSHING, July 20 — West Texas Intermediate crude oil remains the dominant U.S. benchmark for global petroleum pricing,…
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West Texas Intermediate crude prices fluctuate amid SPR drawdowns
NEW YORK, July 19 — The figure that matters: 3 million barrels. That is the size of the…
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Energy Information Administration tracks SPR, crude oil data
WASHINGTON, July 19 — The nation’s emergency crude oil stockpile has fallen to its lowest level since 1983,…
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Strait of Hormuz Disruption: Scenarios and Global Response
WASHINGTON, July 15 — A partial closure of the Strait of Hormuz could remove 5 to 10 million…
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Global Oil Markets Brace for Price Surge as Hormuz Toll Takes Effect
ASTANA, July 13 — The 20% toll on cargo transiting the Strait of Hormuz, announced on July 2,…
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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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Data and Figures: Oil Market Impact and Global Supply Risks
LONDON, July 8 — On the last day of March 2025, the global oil market delivered a jolt…
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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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