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US gasoline futures fell below $3.35 a gallon, retreating from a one-week high, amid reports that EU countries are considering the release of diesel and oil reserves. European governments are discussing the French proposal following US pressure to ease elevated energy prices. President Trump has threatened a diesel exp
US gasoline futures fell to around $3.48 per gallon, retreating from a four-month high, as markets weighed uncertainty over potential US diesel export restrictions alongside diplomatic developments in the Middle East. While Energy Secretary Chris Wright favors voluntary curbs on diesel exports, President Trump has prev
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
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
US gasoline futures eased to around $3.35 a gallon after topping $3.45 earlier in the session, while remaining elevated.
Brent crude climbed as high as $100.95, its strongest level since July, after U.S. strikes on five Iranian tankers and fresh retaliation near the Strait of Hormuz.
US gasoline futures trade below $3.30 per gallon, easing from a three-week high after EIA data showed stocks rose 0.688 million barrels in the week ending August 14, versus a 1.2 million-barrel draw expected.
() -- Crude futures retreated in midday trading on Thursday after fresh US-Iran military strikes stoked concerns over the security of the Strait of Hormuz and signaled a potential collapse of the ceasefire between the two countries. Front-month West Texas Intermediate crude futures retreated by 2.6% to $71.61 per barre
() -- EMEA crude futures slipped in after-hours trading on Thursday as markets assessed the impact of renewed US-Iran strikes, with traders weighing the risk of further supply disruptions against signs that physical flows have remained resilient. Brent crude futures dropped by 2.1% to $76.36 per barrel, while Murban cr
WTI Crude Oil futures retreated as indirect talks between the U.S. and Iran in Doha indicated positive diplomatic progress. Meanwhile, tanker traffic through the Strait of Hormuz is recovering following last week's strikes, though volumes remain below pre-war levels as the market awaits a more durable resolution. The l
Donald Trump Jr. credits his father's diplomatic push towards an Iran deal for a sharp drop in oil prices, predicting relief for American drivers
Fed Chairman Kevin Warsh's tough talk on inflation reverberated through financial markets, with traders expecting that the central bank could start jacking up interest rates in just a few months. A popular narrative that Warsh was sent to the Fed to ease monetary policy at all costs was quickly dispelled within the spa
Fed Chairman Kevin Warsh's tough talk on inflation reverberated through financial markets, with traders expecting that the central bank could start jacking up interest rates in just a few months. A popular narrative that Warsh was sent to the Fed to ease monetary policy at all costs was quickly dispelled within the spa