...remain a better gauge of real supply tightness than crude itself...
PremiumA resumption of hostilities in the Strait of Hormuz, the US's revocation of a waiver on Iranian oil sales, and President Trump's declaration of an end to the ceasefire drove crude oil prices notably higher in the last couple of days (and returned the front calendar spread to backwardation)...
Nymex Overview: Oil Up $5, ULSD Jumps 13% on Cease-Fire Pessimism, Strait of Hormuz Closure — OPIS
Oil Market Swings From Glut Fears to Hormuz Toll Concerns | OilPrice.com
Oil Prices Set for Weekly Gain as Hormuz Tensions Escalate | OilPrice.com
Crude extends rally as US-Iran flare-up rocks peace hopes - Latest News
"Nudging down 2027 forecast..."
Oil prices fell sharply as traders focused on the prospect of a U.S.-Iran diplomatic breakthrough despite ongoing supply…
The ceasefire is tenuous, and if recent events have demonstrated anything, it is that Iran can declare the Strait of Hormuz shut…
Crude contracts rose more than $5/bbl and refined product futures soared around midday Wednesday after President Trump said a…
Oil prices saw an uptick as Iran's refusal to meet U.S. envoys heightened tensions, impacting the fragile ceasefire. Despite…
0735 GMT - Oil prices climb 2% as hostilities in the Middle East escalated after the U.S. and Iran exchanged heavy fire.…
