FORGOTTEN HISTORY: 3 - The Untold Story

Crude Prices Supported as Strait of Hormuz Remains Closed

September WTI crude oil (CLU26) is up +0.80 (+0.95%) today, and September RBOB gasoline (RBU26) is up +0.0232 (+0.71%). Crude oil and gasoline prices extended Monday’s sharp rally today and posted 3-week highs as the US and Iran remain deadlocked over control of the Strait of Hormuz, limiting crude supplies...

Barchart · Aug 18

UAE Secures Global Energy Lifeline Through Strategic Logistics and Infrastructure

In times of heightened volatility in global energy markets, the importance of producing countries is not measured solely by the number of barrels they can extract, but by their logistical capacity to deliver those commodities to buyers when traditional routes face severe bottlenecks.

inkl · Aug 18

Crude Prices Jump as US-Iran War at a Standstill

September WTI crude oil (CLU26) closed up +2.10 (+2.55%) on Monday, and September RBOB gasoline (RBU26) closed up +0.0860 (+2.70%). Crude oil and gasoline prices rallied to 3-week highs on Monday and settled sharply higher. Concerns that the US-Iran war will remain unresolved and keep Middle East oil supplies limited...

Barchart · Aug 17

Saudi Red Sea oil exports go 'dark' as Houthi attack threat grows

Saudi crude exports are vanishing from view as tankers switch off tracking signals. This Houthi threat is creating wide discrepancies in Saudi export estimates. All recent Yanbu crude loadings have been conducted without visible tracking signals. Meanwhile, Saudi crude loadings from Egypt's Sidi Kerir have hit record levels. This shift…

The Economic Times · Aug 12

Crude Prices Ease on US Crude Oil Inventory Surge

September WTI crude oil (CLU26) is down -0.19 (-0.23%), and September RBOB gasoline (RBU26) is down -0.0276 (-0.88%). Crude oil and gasoline prices are trading lower today on the surge in US oil inventories seen in the weekly EIA inventory report. Oil prices found support today after the International Energy...

Barchart · Aug 12

Crude Prices Settle Higher as Middle East Supplies Tighten

September WTI crude oil (CLU26 ) closed up +1.07 (+1.30%) on Tuesday, and September RBOB gasoline (RBU26 ) closed up +0.0012 (+0.04%). Crude oil and gasoline prices settled higher on Tuesday, with crude oil climbing to a 1-week high and gasoline posting a 1.5-week high. Crude prices were volatile on...

Barchart · Aug 11

Crude Prices Supported as Strait of Hormuz Remains Closed

September WTI crude oil (CLU26 ) is up +0.19 (+0.23%) today, and September RBOB gasoline (RBU26 ) is down -0.0376 (-1.20%). Crude oil and gasoline prices are mixed today, with crude oil climbing to a 1-week high. The lack of an agreement between Iran and Oman to reopen the Strait...

Barchart · Aug 11

Crude Prices Soar as Strait of Hormuz Reopening in Doubt

September WTI crude oil (CLU26 ) closed up +3.95 (+5.05%) on Monday, and September RBOB gasoline (RBU26 ) closed up +0.1501 (+5.03%). Crude oil and gasoline prices rallied sharply on Monday, with gasoline soaring to a 1-week high. The lack of an agreement between Iran and Oman to reopen the...

Barchart · Aug 10

Crude Prices Soar as Middle East Tensions Curb Global Oil Supplies

September WTI crude oil (CLU26 ) is up +2.76 (+3.53%) on Friday, and September RBOB gasoline (RBU26 ) is up +0.1203 (+4.03%). Crude oil and gasoline prices are sharply higher today, with gasoline climbing to a 1-week high. The lack of an agreement between Iran and Oman to reopen the...

Barchart · Aug 10

Uncertainty Over Reopening of Strait of Hormuz Lifts Crude Prices

September WTI crude oil (CLU26 ) closed up +0.89 (+1.15%) on Friday, and September RBOB gasoline (RBU26 ) closed up +0.0468 (+1.59%). Crude oil and gasoline prices settled higher on Friday, supported by a decline in the dollar ($DXY ) to a 7-week low. Also, uncertainty regarding a proposed plan...

Barchart · Aug 7