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News 2026-10-01 12:31 UTC

Heating Oil Eases Slightly

US heating oil prices eased to around $4.60 per gallon after President Donald Trump appeared less inclined to restrict diesel exports, amid concerns that such a move could trigger another surge in fuel costs. The European Union is meanwhile discussing a coordinated response after Washington asked Germany and France to

News 2026-09-30 15:13 UTC

Gasoline Futures Rebound

US gasoline futures rose above $3.20 a gallon after hitting a three-week low, as shipping disruptions persisted following reports that a tanker was struck near the Strait of Hormuz. Global fuel markets also faced tighter supply prospects after Russia extended its diesel export ban, as a wave of Ukrainian strikes agains

News 2026-09-30 09:35 UTC

Crude Oil Rebounds to $90

Crude oil climbed back above $90 a barrel on Wednesday and was heading for a monthly gain of more than 5% as uncertainty over US-Iran negotiations continued to support prices. Iranian government spokesperson Fatemeh Mohajerani said Tehran had received a US proposal concerning the reopening of the Strait of Hormuz, foll

News 2026-09-24 10:40 UTC

Asia Distillates — Diesel markets give back gains; jet fuel firms slightly

SINGAPORE, Sept 24 (Reuters) — Asia's diesel markets gave back some of the previous session's gains, with timespreads and cash premiums easing back to levels seen two sessions earlier, while jet fuel cash premiums climbed to a one-week high. Some October discussions were still ongoing for Northeast Asian barrels, with

News 2026-09-24 10:25 UTC

Middle East Crude — Benchmarks rebound on lack of progress in US — Iran talks

SINGAPORE, Sept 24 (Reuters) — Spot premiums for Middle East crude benchmarks Oman, Dubai and Murban rebounded as traders saw little meaningful progress from US-Iran talks and feared for a prolonged conflict. Iran and the US remain divided over how to end their conflict, but diplomacy must continue, a senior Iranian of

News 2026-09-24 02:35 UTC

Heating Oil Rises After Export Ban Denial

US heating oil futures rose above $4.80 per gallon, partially recovering their losses from the previous session, after the White House denied reports that the US was preparing a 90-day diesel export ban. Energy Secretary Chris Wright also said the administration was instead working with refiners to increase US diesel s

News 2026-09-23 18:32 UTC

AMERICAS OIL: US OIL: September 23- Americas End of Day Oil Summary: Crude Rises

US OIL: September 23- Americas End of Day Oil Summary: Crude Rises WTI Crude ended higher as optimism around US-Iran diplomatic efforts has eased following more hardline rhetoric from Iranian officials in recent hours. Crude prices held onto earlier gains after the updated EIA weekly petroleum inventory data. Diesel ma

News 2026-09-23 16:06 UTC

AMERICAS OIL: US OIL: September 23- Americas Midday Oil Summary: Crude Rises

US OIL: September 23- Americas Midday Oil Summary: Crude Rises WTI Crude has risen as earlier optimism around US-Iran diplomatic efforts has eased following more hardline rhetoric from Iranian officials in recent hours, though eased back from daily highs after a senior Iranian official told Reuters that Tehran was revi

News 2026-09-23 14:57 UTC

OIL: Crude Holds Gains Amid Middle East Focus After EIA Data

Crude prices are holding onto earlier gains after the updated EIA weekly petroleum inventory data amid focus on US-Iran talks and Saudi supplies. US diesel cracks are still down on the day with data showing a small drop in distillates stocks and lower exports on the week. US gasoline cracks have fallen slightly back cl

News 2026-09-23 11:22 UTC

AMERICAS OIL: US OIL: America Open - WTI Crude prices are lower

US OIL: America Open - WTI Crude prices have extended the trend lower amid market optimism as talks continue on the sidelines of this week's UN gathering. EIA trade expectations are mixed, with crude and distillates seen lower but gasoline stocks higher. * US special envoy Witkoff said that lengthy talks have taken pla

News 2026-09-23 11:07 UTC

OIL: Mid-Day Oil Summary: Crude Steady

Crude is relatively steady as markets weigh US-Iran talks on the sidelines of this week's UN gathering against ongoing supply disruption. * Brent NOV 26 up 0.3% at 99.53$/bbl * WTI NOV 26 down 0.5% at 90.03$/bbl * US special envoy Witkoff said that lengthy talks have taken place with the Iranian delegation through medi

News 2026-09-23 07:18 UTC

ENERGY: What to Watch: US Oil and ARA Crude Stocks, TTF COT

* The EIA weekly petroleum inventory data for the week ending Sep 18 is due at 10:30ET (15:30BST). Data is expected to show a US crude draw of 0.58mbbl and with gasoline build of 0.05mbbl and distillates draw of 0.34mbbl and refinery utilisation 0.62%pts lower, a Bloomberg survey shows. * The latest Genscape European A

News 2026-09-23 06:31 UTC

OIL: Crude Extends Decline on Optimism Amid US-Iran Talks

Crude prices have extended the trend lower amid market optimism as talks continue on the sidelines of this week's UN gathering. * US special envoy Witkoff said that lengthy talks have taken place with the Iranian delegation through mediators and they are set to continue. Iran's foreign ministry official Baghaei confirm

News 2026-09-23 03:00 UTC

OIL: Crude Continues Falling On Supply Hopes, Diesel Prices Rise

Oil prices fell again on the prospect of an increase in global supplies as the UN meetings allow talks to take place and Saudi looks to resume flows through its east-west pipeline in coming days. President Trump and Saudi-owned Al Arabiya said that US and Iranian delegations met and talks were productive. The latter re

News 2026-09-21 17:32 UTC

US crude, distillate stockpiles seen down last week; gasoline up: Reuters poll

US crude oil and distillate inventories were expected to have fallen last week, while gasoline stockpiles likely increased, a preliminary Reuters poll showed. Analysts estimate crude inventories fell by about 600,000 barrels, while gasoline stockpiles rose by about 200,000 barrels and distillates fell by about 500,000

News 2026-09-19 15:15 UTC

Crude Oil Price Rises on Hyperliquid as Houthi Hits Riyadh Airport

Crude oil prices edged higher on Hyperliquid as tensions in the Middle East escalated after Ansar Allah, popularly known as the Houthis, launched a strike on a key Saudi Arabian airport. Crude Oil Prices Jump as Houthis Attack Riyadh Airport The West Texas Intermediate (WTI) rose to $96.2, with its open interest hittin

News 2026-09-18 01:44 UTC

Gasoline Prices Ease

US gasoline futures fell to around $3.46 per gallon, slightly easing from an eight-week high, as expectations that Saudi Arabia could restore some disrupted exports soothed immediate supply concerns. The kingdom was reportedly seeking to restore about half the capacity of its East-West oil pipeline within days after dr

News 2026-09-18 01:38 UTC

US Heating Oil Prices Ease

US heating oil prices eased to around $5.05 per gallon, retreating from a record high of $5.26 reached earlier this week, as rising inventories and expectations of alternative routes for Middle Eastern barrels offered some respite from tight distillate supplies. EIA data showed distillate inventories, including diesel

News 2026-09-17 01:41 UTC

Heating Oil Holds Near Record High

US heating oil prices eased to around $5.20 per gallon but remained near their record high, leaving them about 120% higher than a year earlier amid concerns over tightening distillate markets. EIA data showed distillate inventories, including diesel and heating oil, rose by 1.6 million barrels in the week ended Septemb