Oil Prices Surge as US and Iran Exchange Strikes
Crude jumps after U.S. Iran strikes near the Strait of Hormuz reignite supply fears, even as tanker traffic collapses and a naval blockade tightens around Iranian ports.
Aaron Roberts4 min read
strait of hormuz
Aaron Roberts4 min read
How China Became the Ultimate Swing Oil Buyer
China's massive crude stockpiles let it slash imports and cap oil prices during a five month Hormuz crisis. Here is how Beijing became the market's swing buyer.
Oliver Davis4 min read
Oil Markets Ignore Mounting Risks at Their Own Peril
USO slips 1.79% even as Hormuz tanker traffic nears zero and US Iran tensions escalate. Here is why oil markets seem to be shrugging off the risk.
Aaron Roberts4 min read
Iraq Oil Lifeline Reopens Through Turkey Amid Trust Concerns
Iraq's new pipeline deal with Turkey offers a lifeline while the Strait of Hormuz remains blocked, but old fractures over Kurdish oil sales threaten to unravel it within the year.
Trevor Harris5 min read
EIA Sees 600,000 Bpd Middle East Oil Offline Through 2027
The EIA expects roughly 600,000 barrels a day of Middle East oil to stay offline through 2026 as Hormuz disruptions persist, pushing Brent forecasts sharply higher.
Trevor Harris4 min read
Hormuz Stalemate Raises Risk of Oil Prices Hitting $120
Oil prices are holding steady for now, but a closed Strait of Hormuz and shrinking global inventories have analysts warning of a sharp price spike within weeks.
Logan Ruiz4 min read
Shadow Oil Fleet Moves 4 Million Bpd Through Hormuz Strait
Oil fund USO jumps 2.77% as Gulf producers route over 4 million barrels a day around the Strait of Hormuz through a shadow tanker network built to dodge the Iran…
Logan Ruiz4 min read
Oil Demand Growth May Come From Storage, Not Consumption
USO shares climbed 2.77% as nations from India to Australia rush to rebuild depleted oil reserves after the Strait of Hormuz closure exposed dangerous supply gaps.
Oliver Davis4 min read
India's Russian Oil Imports Remain Strong Despite Hormuz Tensions
Crude oil fund USO jumped 2.77% as India's record breaking Russian oil imports and a slow Hormuz recovery reshape global crude flows and tanker economics.
Aaron Roberts5 min read
Oil Prices Could Rally Next on Stockpile Buying Demand
USO holds steady near 130.91 dollars as nations rush to rebuild oil reserves drained by the Middle East war, with China's stockpiling strategy now the model everyone wants to copy.
Logan Ruiz4 min read
Latest Oil Rally May Have Much Further to Run
Oil's latest rally is gathering speed as Hormuz and Bab el Mandeb disruptions squeeze global crude flows, with USO trading near yearly highs and traders eyeing 100 dollar barrels.
Logan Ruiz4 min read
Gulf Oil Leak: How Crude Is Escaping the Strait of Hormuz
The United States Oil Fund (AMEX:USO) traded at 130.66 dollars on August 19, up 0.28 percent on the day, sitting comfortably inside its 52 week range of 102.42 to 142.33…
Trevor Harris3 min read
Have Middle East Oil Flows Rebounded to 15 Million Bpd as US Claims
USO jumps nearly 3% as officials claim Middle East oil flows have fully rebounded, but ship tracking data tells a very different, far more constrained story.
Tara Burke4 min read
Gulf Oil Producers Renew Push to Regain Market Share in Asia
Saudi Arabia just slashed its crude prices for Asia by the most in twenty years, but rival Gulf oil producers are undercutting the kingdom even further. Here's why the price…
Oliver Davis4 min read
Brent Surges Above $86 After Iran Strikes Tankers in Hormuz
Oil traders are digesting fresh Middle East tanker attacks even as USO holds steady near the middle of its yearly range, raising the question of when the next Hormuz flare…
Oliver Davis2 min read
Houthi Red Sea Blockade Threatens to Push Oil Prices Higher
Oil markets are on edge again as Yemen's Houthis threaten a Red Sea blockade that could trap millions of barrels of Saudi crude, just as the Strait of Hormuz remains…
Aaron Roberts4 min read