Browsing Tag
West Texas Intermediate
6 posts
Oil’s $40 single-day collapse: Trump’s Iran war comment rewrites the market in one hour
Trump told CBS News the Iran war is "very complete," reversing a near-$120 oil spike. Dow closed up 239 points after plunging 900 in a historic single-session swing.
Oil crosses $90 as Gulf states run out of storage: Kuwait cuts, Qatar declares force majeure
Brent crude hit $92.69 and WTI closed at $90.90 as the Strait of Hormuz closure forced Kuwait output cuts and Qatar to warn of $150 oil within weeks.
A 6M barrel surprise: Why oil prices just surged despite Ukraine peace talks
Oil prices surged on August 20 after a 6M barrel U.S. crude draw surprised investors. Find out what’s fueling this rally and what could come next.
Trump’s new tariffs send oil prices crashing to 2021 lows—global fuel demand in jeopardy?
Find out how Trump’s latest tariffs are shaking global oil markets and threatening demand—Brent and WTI hit multi-year lows amid trade war escalation.
Crescent Energy unveils $905m Eagle Ford acquisition to bolster core portfolio
Crescent Energy acquisition news continues to dominate headlines as the company announces plans to acquire Eagle Ford assets…
Occidental Petroleum completes $12bn acquisition of CrownRock
Occidental Petroleum Corporation has successfully completed its high-stakes acquisition of CrownRock, a prominent US-based oil and gas producer,…