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Oil Markets
116 TokenPost stories are tagged Oil Markets. The newest appear first.
Latest Oil Markets stories
- Gulf Officials Say U.S. Urged Readiness for Possible Iran Strikes
Officials described a possible operation as short and forceful; some Gulf governments may oppose U.S. forces using bases on their territory.
· Investing
- ANZ Raises Dec. 31 Brent Forecast to $105 on Persistent Constraints
The $10 increase assumes Middle Eastern export, shipping and refined-product constraints last through year-end. ANZ strategists said the forecast does not depend on a fresh geopolitical shock.
· Investing
- Sinopec Q3 IFRS Profit Rises 63.6% as Nine-Month Fuel Demand Falls
Wider refining and chemical product spreads supported quarterly earnings, while crude processing declined 10.2% to 167.37 million metric tons in the first nine months.
· Business
- WTI Crude Falls Below $100 a Barrel, Down 1.23% Thursday
Spot gold also rose in a short-term move while crude oil declined during the day.
· Investing
- Iran Says Qatar Shared Ideas, Disputes Report of Formal Peace Draft
A senior Iranian official rejected the description of a seven-day Qatari draft as a formal offer. Iranian Foreign Minister Abbas Araghchi said Tehran was discussing ideas to implement Iran’s own plan.
· Regulation
- Solidus Flags More Than $170 Million in Orders Resembling Hyperliquid Spoofing
The unidentified trader's gains were estimated at about $119,000; one example paired canceled $17 million sell orders with $425,000 in executed buys.
· Investing
- PetroChina Q3 Profit Rises 21.6% as Nine-Month Oil Output, Processing and Fuel Sales Fall
Quarterly revenue gained 10.4%. Nine-month profit also rose as PetroChina’s average realized crude price climbed 18.5%.
· Business
- UBS Raises Year-End Brent Forecast to $110 as Supply Risks Persist
The bank also raised its March 2027 target to $95 a barrel and its June target to $90, citing falling inventories and record transportation costs.
· Investing
- Phillips 66 Refining Pretax Income Nearly Doubles to $6.031 Billion in Q3
Company-wide earnings reached $5.616 billion, with diluted EPS of $14.08. Realized refining margin rose to $38 per barrel from $24.08 in Q2.
· Business
- WTI and Brent Crude Extend Losses as Intraday Declines Reach 1%
WTI is the U.S. benchmark, while Brent is widely used as a global crude reference.
· Investing
- U.S. Forces Could Strike Iran Within 96 Hours of an Order
Officials said forces in the region are sufficient for potential strikes, and a larger operation could reach beyond quickly restored military assets.
· Investing
- U.S. and Brent Crude Open Monday Trading About 1.2% Lower
The opening decline was about the same for both benchmarks.
· Investing
- Trump Frames Iran Policy as Deal or Threat to Eliminate Iran
He said Iran had made no major moves at its nuclear facilities and that the United States was monitoring the situation closely.
· Regulation
- Trump Weighs Iran Deal While Saying U.S. Monitors Nuclear Sites
He said Tehran has taken no major action at nuclear facilities and described a possible agreement as a one-sided gain for Washington.
· Regulation
- U.S. Adds Forces Near Iran Ahead of Possible Post-Election Strikes
A third carrier strike group and 10,000 additional sailors and Marines are heading toward the Persian Gulf; the timing of any renewed strikes is uncertain.
· Investing
- Trump Says U.S. Could Launch Another Limited “Epic Fury” Operation Against Iran
He urged Tehran to signal that it is ready for serious negotiations and said he doubted it would do so.
· Regulation
- Brent Crude Rises 4% to Its Highest Close Since May 4 Amid Iran Risk
December futures settled at $113.17 a barrel on Oct. 22. White House spokeswoman Anna Kelly said the United States would not attack Iran before the Nov. 3 midterms.
· Investing
- U.S. Oil Stocks Set Records as Brent Futures Top $115
Exxon Mobil gained 1.39% by 9:52 a.m. ET, while Brent crude futures were quoted at $115.485 a barrel 11 minutes earlier.
· Investing
- Brent Futures Rise 3.2% to $112.33 as Saudi Incident Raises Supply Concerns
West Texas Intermediate futures gained 2.2% to $99.29. Brent was quoted at $112.55 at 4:18 a.m. ET (08:18 UTC), a level not seen since May 18.
· Investing
- Saudi Aramco Shifts Dhahran Staff to Remote Work
A limited fire affected several floors of an administrative building. No casualties or halt to oil production or exports were indicated.
· Business
- Attacks Kill Three at Saudi Oil Field and Airport in Eastern Province
Two workers died at Shaybah and one Saudi resident at the airport. Operations at the oil field continued without disruption.
· Investing
- U.S.-Iran Talks Continue as Claims of an Imminent Deal Are Disputed
The outcome remains unsettled, with potential relevance for oil and broader risk markets.
· Investing
- Diplomat Disputes Reports of Imminent US-Iran Agreement
Talks between the two countries are continuing, but a diplomat involved in them rejected claims that an agreement is near.
· Investing
- U.S. Sanctions Target Iran’s Leaders and Revolutionary Guards Officers
The measures include people who benefit from Iran’s governing system. A prediction-market contract put the chance of President Masoud Pezeshkian leaving office by Dec. 31 at 11%.
· Regulation
- Brent Climbs to $110 as Attacks Threaten Global Oil Flows
Brent settled at $109.86 a barrel, while U.S. crude ended at $101.41. At least nine ships have been attacked near Hormuz since Sunday.
· Investing
- Fire Breaks Out at Ryazan Refinery During Ukrainian Drone Attack
Damage was being assessed, and preliminary information showed no injuries.
· Investing
- Brent Falls to $105.03 as WTI Rises to $96.13 on Oct. 15
Both benchmarks fell in an earlier 2:25 a.m. ET (06:25 UTC) snapshot before moving in opposite directions by 9:26 a.m. ET (13:26 UTC).
· Investing
- Zelenskyy Says Ukraine Will Restart Attacks on Russian Refineries
He said Kyiv paused attacks for three days at Washington’s request, while Russia struck Ukrainian energy infrastructure with about 40 ballistic missiles.
· Investing
- Brent Crude Falls 1.66% as Hormuz Sinking Raises Supply Concerns
U.S. crude also declined, while diesel-market constraints could persist well into 2027.
· Investing
- U.S. Crude Rises for Fifth Session After Tanker Strikes Near Hormuz
Houthi militants also struck the headquarters of Saudi Arabia’s state oil company.
· Investing
- Saudi Arabia Strikes Sanaa as Houthis Threaten Aramco Facilities
The escalation follows Houthi attacks on Saudi airports and oil infrastructure, raising risks for regional security and global energy markets.
· Investing
- Saudi-Led Coalition Orders Evacuation at Sanaa Oil Facility
The order targets Yemen Petroleum Company’s Al-Sabaha Central Station as tensions rise with the Iran-aligned Houthi movement.
· Regulation
- Europe’s Diesel Prices Rise as Refining Capacity and Supplies Tighten
EU diesel prices rose 8.3% from July to August, while supply remains stable for now amid reduced Russian output and disruptions to global oil-product flows.
· Investing
- Russia Signals Higher Diesel Exports to U.S. and Other Partners
Brent and WTI fell in early U.S. trading as Russia outlined potential diesel shipments of up to 1 million metric tons in December.
· Investing
- Saudi Arabia Says Energy Supply Remains Resilient After Houthi Attacks
Energy Minister Prince Abdulaziz bin Salman said the kingdom can maintain supplies while repairing, rerouting and recovering from disruptions.
· Investing
- Houthi-Claimed Saudi Airport Strikes Raise Oil and Crypto Risks
Deadly attacks disrupted airport operations in Saudi Arabia and intensified concern over regional stability, airspace closures and economic resilience.
· Investing
- Physical Brent Crude Widens Gap Above Futures in October
The divergence began in September and widened in October, separating the market for actual crude barrels from futures contracts.
· Investing
- High-Risk Hormuz Voyages Drive Premium Pay for Tanker Crews
Captains can reportedly receive up to $100,000 monthly plus a $50,000 trip bonus, while 100 confirmed incidents and 24 confirmed seafarer fatalities were recorded as of Oct. 9.
· Investing
- Tanker Attacks in Strait of Hormuz Hit Wartime High as Oil Flows Rebound
Eleven tankers were attacked during the week ended Oct. 4, with five more targeted this week as crude shipments through the strait remain below prewar levels.
· Investing
- Trump Administration Shifts Iran Strategy Toward Prolonged Economic Campaign
Sanctions and port blockades have not secured concessions from Tehran, prompting Washington to prepare for pressure that could last months or longer.
· Regulation