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Crude oil rose toward $86 per barrel on Wednesday for a fourth straight session as US-Iran tensions kept Strait of Hormuz supply concerns elevated, while industry data showed US crude inventories fell by 328,000 barrels last week after a 9.07 million-barrel increase the prior week.
() -- (Updates prices in the second paragraph and adds EIA data in the final paragraph.) West Texas Intermediate (WTI) closed higher on Wednesday as the U.S. and Iran traded attacks, with President Trump saying the ceasefire deal reached last month is over. WTI crude oil for August delivery closed up $3.08, or 4.4%, to
() -- Oil prices surged early Wednesday as the U.S. and Iran traded attacks, with President Trump saying the ceasefire deal reached last month is over. West Texas Intermediate crude oil for August delivery was last seen up $3.65, or 5.1%, to $74.00 per barrel, the highest since June 18, while September Brent oil was up
() -- The Toronto Stock Exchange rose on Tuesday as a jump in energy issues and gains across most sectors outweighed weakness in mining stocks, while stronger-than-expected Canadian trade data offered a positive signal for second-quarter economic growth. The S&P/TSX Composite Index closed up 60.27 points, or 0.17%, to
() -- (Updates prices in the second paragraph) West Texas Intermediate (WTI) crude oil rose on Tuesday following Iranian attacks on ships moving through the Strait of Hormuz. WTI crude oil for August delivery closed up 2.8% to settle at $70.44 per barrel, while September Brent oil was last seen up 3.1% to $74.25. The r
() -- Oil prices rose early on Tuesday following Iranian attacks on ships moving through the Strait of Hormuz. West Texas Intermediate crude oil for August delivery was last seen up 0.9% to $69.13 per barrel, while September Brent oil was up 1% to $72.68. The rise follows reports that Iran fired on two ships in Omani w
US Central Command says that commercial maritime traffic through the Strait of Hormuz increased on Saturday, even as Iran announced the closure of the vital waterway. Safe passage remained intact, with 55 merchant ships transiting the Strait, US Central Command said in an X post on Saturday. The vessels moved more than