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Home Oil Market

Oil Market

Oil tanker navigating the Strait of Hormuz, a key chokepoint for global oil supply, amid geopolitical tensions with Iran.
Crypto News

2026-05-01

In a striking statement that has sent ripples through global energy markets, U.S. President Donald Trump has cast doubt on the feasibility of.

  • by Sofiya
  • 2026-05-01
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A vast underground cavern of the US Strategic Petroleum Reserve with towering steel storage tanks, illustrating the recent surge in SPR releases.
Crypto News

2026-04-29

The United States Strategic Petroleum Reserve (SPR) has witnessed a dramatic surge in releases over the past week, reaching their highest level since.

  • by Sofiya
  • 2026-04-29
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Brent crude supply outlook: UAE oil refinery at sunset representing market shift after OPEC exit
Forex News

2026-04-29

The Brent crude supply outlook has undergone a significant transformation following the United Arab Emirates’ decision to exit the OPEC+ alliance. This move,.

  • by Jayshree
  • 2026-04-29
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US Navy aircraft carrier patrolling the Strait of Hormuz during the Iran blockade escalation ordered by President Trump.
Forex News

2026-04-29

US President Donald Trump has directed his aides to prepare for an extended naval blockade of Iran, according to a report from the.

  • by Jayshree
  • 2026-04-29
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UAE oil refinery at sunset representing the United Arab Emirates exits OPEC and its impact on the global energy market.
Forex News

2026-04-28

The United Arab Emirates exits OPEC, shaking global energy market dynamics. This historic decision, announced in early 2025, sends shockwaves through the oil.

  • by Jayshree
  • 2026-04-28
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WTI Oil declines as fragile Iran-US talks and weakening US sentiment temper upside in crude oil market
Forex News

2026-04-24

WTI Oil declines as fragile Iran-US talks and weakening US economic sentiment combine to temper any upside momentum in the crude market. Traders.

  • by Jayshree
  • 2026-04-24
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WTI Oil barrel on a trading floor with price near $94.00, illustrating the crude oil market analysis.
Forex News

2026-04-24

WTI Oil eased slightly to levels near $94.00 per barrel on Tuesday, yet the benchmark crude remains remarkably close to its two-week highs..

  • by Jayshree
  • 2026-04-24
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Brent crude oil storage tanks with chart overlay showing pullback phase and key support levels from Societe Generale analysis.
Forex News

2026-04-22

Brent crude oil is currently experiencing a significant pullback phase, a development that has captured the attention of global traders and energy analysts..

  • by Jayshree
  • 2026-04-22
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WTI Oil pumpjack silhouetted at sunset reflecting fragile US-Iran ceasefire impact on crude oil prices
Forex News

2026-04-22

WTI Oil eases to $87.50 per barrel on Monday, as traders digest the fragile US-Iran ceasefire announcement. This price movement marks a significant.

  • by Jayshree
  • 2026-04-22
  • 0 Comments
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Strategic Strait of Hormuz waterway at center of Trump's Iran deadline warning
Crypto News

2026-04-04

WASHINGTON, D.C. — President Donald Trump delivered a stark ultimatum to Iran this week, warning the nation would face “hell” within 48 hours.

  • by Sofiya
  • 2026-04-04
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