SQUAWK/NEWS
Account
Theme
Account
Menu
Live News ENERGY FLASH M impact

Brent Gains 2%, WTI Rises 1% on Hormuz Taker Disruptions

Brent crude futures extended gains amid tanker disruptions through the Strait of Hormuz.

CL
SquawkNews Desk 1 updates Updated Nov 12, 2026, 05:47 PM UTC

Story updates

05:47:31 PM UTC
SquawkNews
UPDATE 7-Oil gains over $1 on Strait of Hormuz shipping disruptions, Russia tensions Trump posts tha

Related stories

US Dollar Edges Higher Against Canadian Dollar The US dollar nudged higher against Canada's loonie, with rate-hike expectations and rising oil prices cited in the headline. M impact | FX | Nov 12, 2026, 06:29 PM UTC U.S. Ethanol Stocks Fall 89,000 Barrels; Production Also Declines Ethanol inventories fell to 24.3 million barrels in the week ended Nov. 6, marking a third consecutive weekly decline. Production slipped from the prior week, the EIA reported. M impact | ENERGY | Nov 12, 2026, 05:45 PM UTC S&P Global Study Sees C$1 Trillion Investment Potential in Canada's LNG Goal Reaching Canada's goal of 100 million tons of LNG annually by 2050 could support nearly a quarter million jobs a year and contribute C$88 billion to GDP through 2050, according to M impact | ENERGY | Nov 12, 2026, 05:27 PM UTC US Gasoline Inventories Rise 1.8 Million Barrels EIA gasoline inventories rose 1.8 million barrels in the latest week; the headline also reports market expectations for a decline. M impact | ENERGY | Nov 12, 2026, 05:26 PM UTC US Crude Inventories Rise 4.7 Million Barrels EIA crude oil inventories rose 4.7 million barrels in the latest week; the headline also reports market expectations. M impact | ENERGY | Nov 12, 2026, 05:26 PM UTC Oil Rises After Trump Says U.S. Does Not Need Iran Deal Crude oil contracts rose moderately near midday Thursday after President Trump said the U.S. “does not need a deal with Iran,” dimming hopes for an end to Middle East conflicts. L impact | ENERGY | Nov 12, 2026, 05:25 PM UTC