Oil Returns to Pre-War Level on Middle East Optimism

Oil futures resumed their slide on optimism about flows through the Strait of Hormuz, with key benchmarks settling at or near pre-war levels.

Saudi Arabia Restarts Crude Loadings at Major Terminal

Two supertankers began loading crude Thursday at the terminal operated by Aramco after a nearly four-month halt, while another could also be preparing to load, according to Kpler.

Energy & Utilities Roundup: Market Talk