Oil Prices Fall as Traders Weigh U.S.-Iran Diplomacy

Oil prices fell Thursday as traders assessed fresh U.S. efforts to revive peace negotiations with Iran against persistent Middle East supply risks and the possibility of renewed military escalation.

WSJ • 17 hours ago

Gulf Oil Giants Work to Expand Overseas Storage As War Exposes Supply Risks

With the Iran war threatening key energy infrastructure and shipping lanes, producers are increasingly looking beyond their borders to keep crude flowing.

WSJ • 10 hours ago

Big Oil earnings are set to surge. Why investors may want to be cautious

I'm heading to the Middle East and Europe. Here's what I expect to see. Big Oil earnings are coming. Why guidance could matter most and why the the charts suggest investors should be cautious.

CNBC • 6 hours ago

Oil prices fall as renewed U.S.-Iran peace efforts ease supply fears

Oil prices declined Thursday as prospects of renewed peace negotiations eased fears of supply disruptions stemming from escalating tensions in the Middle East. The pullback followed reports that U.S. Vice President JD Vance had reached out to Iranian Security Council chief Mohsen Rezaei in an attempt to restart peace negotiations, WSJ reported.

CNBC • 16 hours ago

US loans 40 million barrels of oil from SPR, in last share of global agreement

The US government said on Thursday that oil companies have agreed to borrow about 40 million barrels of crude ​from the Strategic Petroleum Reserve, the last batch of the US share of a global ​deal

Reuters • 3 hours ago

OIH Remains A Buy Despite The Correction

I reiterate a Buy rating on the VanEck Oil Services ETF, emphasizing scale-down accumulation amid volatility. Geopolitical conflicts and supply disruptions are keeping oil prices and OIH demand elevated, with downside seen as limited. OIH's top holdings—SLB, Baker Hughes, Halliburton—comprise over 37% of assets, and the ETF remains highly correlated with oil price movements.

Seeking Alpha • 4 hours ago

‘The $100 level is ours for awhile': Oil won't be getting cheap anytime soon, no matter what happens in the Gulf

The oil market may soon reach a point where the dust finally settles enough to see the true chaos the eight-month-old conflict in the Middle East and its shipping disruptions have wrought upon the global crude sector.

Market Watch • 5 hours ago

WTI and Brent: Crude Draw Supports Oil, but Gasoline Sends a Different Signal

WTI holds near $100 and Brent tests $110 as falling crude inventories support oil prices, while rising gasoline stocks signal mixed demand conditions.

FXEmpire • 11 hours ago

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Moves Higher As Netanyahu's Bloc Wins Israel Election

Traders continue to prepare for the restart of the military operation against Iran.

FXEmpire • 5 hours ago

WTI Price Forecast: Triangle Breakout Could Extend Above $106.84

WTI crude oil consolidates in a symmetrical triangle near recent highs, with a breakout potentially opening the way toward $120 while a breakdown risks a test of moving-average support.

FXEmpire • 3 hours ago