WTI Whipsaws as Hormuz Hopes Collide With Diesel Crunch
November WTI crude oil futures spent the week trading a possible reopening of the Strait of Hormuz against the risk that shipping…
U.S. Oil, Gas Drilling Perks Up As Pressure Mounts
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data…
Why WTI Is Suddenly Trading $12 Below Brent
Oil prices edge higher as Hormuz diplomacy, soaring freight costs and diesel market fears drive a widening Brent-WTI spread. Oil prices are…
5 Energy Stocks Positioned for a Prolonged Iran War
For the first time since the Iran war began, JPMorgan says it no longer has a clear baseline for how the oil…
Soaring Freight Costs Make Japan’s Crude Imports the World’s Most Expensive
Oil is increasingly getting more expensive before it even reaches a refinery. Freight now accounts for roughly a fifth of the cost…