13 articles on WTI
Gas prices in the United States continue to fall for the sixth consecutive week. This trend is weighing on oil prices and reshaping the energy outlook.
Oil prices are falling sharply while European stocks are rising on hopes of a deal between Washington and Tehran. This marks a major turnaround for commodities.
Tehran announces the closure of the Strait of Hormuz following U.S. strikes. Oil prices jump by $2. The geopolitical shock everyone feared.
Despite tensions in the Strait of Hormuz and price volatility, OPEC is maintaining its global demand forecast. This sends a strong signal to the oil market.
An Israeli strike hit a café in the port of Gaza, killing at least two people. The escalation continues in the Gaza Strip.
The London index is rising as hopes for a deal with Iran offset tensions over crude oil. The market is betting on a de-escalation of geopolitical tensions.
The United Arab Emirates has withdrawn from OPEC without warning. This is a major blow to Saudi Arabia and a diplomatic triumph for Washington, which is reshuffling the global oil deck.
The United Arab Emirates has left OPEC without notice, citing national interests. This is a major blow to Riyadh and a major diplomatic victory for Washington.
The ceasefire is holding but the Strait of Hormuz remains closed. Paris nearly flat, Frankfurt advancing slightly, and oil retreating after yesterday's surge.
Trump refuses to extend the truce in Iran. Brent climbs to 99.78 USD, WTI to 94.36 USD. The Strait of Hormuz remains paralyzed.
The announcement of a two-week truce between Washington and Teheran provoked a collapse in energy prices. Brent crude plunged to $92.95 a barrel.
WTI hovers around $110.90 as Trump threatens Iranian infrastructure. Negotiations behind the scenes and the Strait of Hormuz closed: the powder remains dry.
211 million dollars in 24 hours of retail purchases on oil ETFs. Small traders are flocking to black gold like never before. But this frenzy conceals a death trap.