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News 2026-10-05 09:59 UTC
Persian Gulf crude exports have recovered to about 80% of pre-war levels, but oil remains stuck near $100 a barrel. Yet, getting volume through the Strait of Hormuz has not brought back cheap supply, as last week’s Brent price settled around $102.7 per barrel. Exports passed 14 million barrels a day last week for the f
News 2026-10-05 06:03 UTC
U.S. stock futures are trending higher early Monday as Wall Street processes a surprisingly soft September jobs report and shifting geopolitical dynamics following Iran’s refusal to reopen the Strait of Hormuz without preconditions. The crowd on Polymarket, a Polygon (CRYPTO: POL) based prediction platform, is split bu
News 2026-10-02 18:39 UTC
Brent crude traded around $102 a barrel on Friday amid reports of additional US military deployments to the Middle East and China’s decision on Thursday to halt fuel exports this month. The US is reportedly sending a third aircraft carrier strike group to the region, along with an amphibious force carrying 2,000 Marine
News 2026-10-01 01:41 UTC
US gasoline futures rose above $3.25 per gallon, extending their rebound from a four-week low, supported by tighter US fuel inventories and uncertainty over global energy supplies. EIA data showed US gasoline inventories fell by 1.7 million barrels in the week ended September 25, while refinery utilization declined to
News 2026-09-30 15:13 UTC
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 14:34 UTC
Oil prices reversed earlier losses, with Brent crude futures rising 2.6% to $98.66 a barrel. The rebound is attributed to ongoing tensions, supply risks, and shipping disruptions in the Middle East, despite a recovery in Persian Gulf crude exports.
News 2026-06-25 16:05 UTC
Persian Gulf crude exports have rebounded to prewar levels with 13M barrels leaving the region in 3 days through Wednesday