Oil prices are not higher largely because the world does not want as much oil as it used to — and that’s arguably the more ...
Crude oil price jumped for the third consecutive day, with Brent hitting a high of $83.75, up by 7.30% from its lowest level ...
The recent rally in oil prices may feel unique, but one technical measure says it’s only been 36 years since the last time they’ve rallied so far so fast. When you see a move on the charts that ...
Oil futures surged to a five-month high Monday morning after the U.S. struck Iranian nuclear facilities over the weekend but ...
Oil prices were dipping early Thursday, possibly on hopes that a ceasefire between Israel and Lebanon may help the U.S. and Iran to agree a peace deal. However, writing before the latest dip, Michael ...
Quantitative hedge funds have posted double-digit gains in 2026 boosted by strong trends across commodities, currencies and other asset classes. Energy has been a key driver of returns, with many ...
Oil prices continued to fall on Wednesday as efforts to move ships out of the Persian Gulf have made headway, increasing the flow of crude oil through the Strait of Hormuz, a critical shipping route ...
Oil markets remain surprisingly optimistic despite major supply disruptions. That optimism is increasingly being tested, as record refining margins, tightening fuel supplies, and declining global ...
IT IS A moment of relief for energy markets. A memorandum of understanding to end the war between America and Iran calls for lifting the naval blockade of Iranian ports and reopening the Strait of ...
US crude reserves are nearing critically low levels, with one warning pointing to possible gasoline shortages by July 4 if the Iran standoff drags on. Despite the conflict, oil prices have drifted ...
Since then, a few new developments have emerged around both XOM and the overall oil industry. Shortly after my last article, the company released its FQ1 2026 earnings report (ER) on May 1 and ...
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