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crude

Crude Slides On 'Phased Deal' Hopes
Crude Slides On 'Phased Deal' Hopes

Fresh US/Iran Deal HopesOil prices are cooling slightly on Friday as traders once again showed optimism over a possible end to the Iran war, or at least an agreement over reopening the Strait of...

Crude Rallies Amidst Fading US/Iran Peace Hopes
Crude Rallies Amidst Fading US/Iran Peace Hopes

Oil Turning Higher AgainAfter a correction lower from last week’s highs on rising optimism around diplomatic efforts in the Middle East, oil prices are pushing higher again today. The rebound comes...

Crude Falls Heavily As Iran Submits Fresh Peace Proposal
Crude Falls Heavily As Iran Submits Fresh Peace Proposal

Crude Selling DeepensOil prices are continuing to push lower on Monday following a heavy downside reversal last week. The move comes amidst easing supply fears after Saudi Arabia announced that it can...

Oil Drops As Saudi Supply Fears Ease
Oil Drops As Saudi Supply Fears Ease

Oil Drops on FridayOil prices have plunged lower today amidst cooling fears over supply issues in the Middle East. Following the recent outage of the East-West pipeline, Saudi Arabia said overnight...

Crude Oil: EIA On Watch After Huge API Inventories Build
Crude Oil: EIA On Watch After Huge API Inventories Build

Oil Inventories On WatchOil prices are a touch softer today after a fresh rally yesterday, likely linked to uncertainty after the API reported a huge 7.1 million build in commercial crude stores,...

Crude Spikes As Saudi Pipeline Shuts Down
Crude Spikes As Saudi Pipeline Shuts Down

Middle East Tensions FlaringOil prices remain elevated at the start of the week as the broadening conflict in the Middle East intensifies further. Yesterday, Iran-back Houthi militants launched...

Oil Soars As Middle East Conflict Escalates
Oil Soars As Middle East Conflict Escalates

Crude Higher on ThursdayCude prices remain elevated today as tensions continue to build in the Middle East and attacks intensify. Crude futures are now back above the $95.06 level for the first time...

Crude Testing Key Resistance As Rallies Grows
Crude Testing Key Resistance As Rallies Grows

Oil Higher MidweekOil prices remain elevated today with the crude futures market gapping higher amidst reports that Iran made undisclosed attacks against the US on Monday. There are reports doing the...

Oil Hits Fresh Multi-Month Highs
Oil Hits Fresh Multi-Month Highs

Oil Pushing HigherOil prices are surging higher again today with crude futures now back up above the July highs, testing the 95.06 level. The move comes amidst rising hostilities between the US and...