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(Reuters) – Investors placed a bet worth about $760 million on a falling oil price around 20 minutes before Iran’s foreign minister announced on Friday that the Strait of Hormuz was open, another sizeable wager on the world’s most traded commodity ahead of major announcements in the course of the Middle East war. Large, well-timed …
Traders Place $760 Million Bet on Falling Oil Ahead of Hormuz Announcement Read More »
(Reuters) – Goldman Sachs on Tuesday flagged both upside and downside risks to its average 2026 crude forecasts for Brent/WTI at $83/78 per barrel, citing growing uncertainty around Middle East developments and oil flows through the Strait of Hormuz. Reduced flows through Hormuz pose the biggest upside risk to Goldman’s price forecasts, with estimated oil …
Goldman Sachs Flags Two‑Way Risks to Their 2026 Oil Price Outlook Read More »
By Valerie Volcovici WASHINGTON, April 13 (Reuters) – Oil prices are likely to hit their peak “in the next few weeks” once ship traffic resumes through the Strait of Hormuz, U.S. Department of Energy Secretary Chris Wright said on Monday. Prices are expected to continue rising until “meaningful” ship traffic resumes through the strait, Wright …
Peak Oil Price Likely to Come ‘in Next Few Weeks,’ US Energy Secretary Says Read More »
By Julian Hast US natural gas futures rose alongside oil prices as renewed risk to energy flows out of the Persian Gulf triggered financial inflows into baskets of energy products. Weather forecasts also shifted cooler, indicating modestly higher demand for the heating and power-plant fuel. The front-month US gas contract ended last week at the …
US Natural Gas Futures Rebound on Oil Price Gain, Cooler Outlook Read More »
(Reuters) – U.S. crude production is expected to decline through the mid-2030s, with global crude futures trading below $70 per barrel through 2030, the U.S. Energy Information Administration said in its Annual Energy Outlook on Wednesday. The U.S. is expected to produce between 12.4 million and 12.7 million barrels per day of crude by 2050, …
US Crude Output to Fall Next Decade on Sub-$70 Brent Price Forecast, EIA Says Read More »
April 2 (Reuters) – Oil prices could spike to $120-$130 per barrel in the near term, with a risk of surging above $150 if supply flows through the Strait of Hormuz remain disrupted into mid-May, J.P. Morgan said in a note on Thursday. J.P. Morgan’s base-case assumption is that the disruption to the strait will …
J.P. Morgan Warns Oil Could Top $150 if Disruptions Persist Into Mid‑May Read More »
By Arathy Somasekhar WTI soars to nearly $114/bbl, highest since March 9 Trump speech did not clarify when Hormuz might reopen WTI heads for biggest daily absolute price rise since 2020 HOUSTON, April 2 (Reuters) – U.S. oil prices settled more than 11% higher and Brent soared nearly 8% on Thursday in volatile trading, as …
US Crude Jumps More Than 11%, Brent Nearly 8% After Trump Vows More Attacks on Iran Read More »
Brent was last near US$110 a barrel on Friday, after touching a crisis-high of US$119.50 earlier this month By Rong Wei Neo Oil may hit a record US$200 a barrel if the Iran war drags on till June, with the Strait of Hormuz staying shut, Macquarie Group Ltd. said. A conflict that stretches through the …
Brace for US$200 Oil if Iran War Lasts Until June, Macquarie Warns Read More »
By Amanda Cooper and Robert Harvey Options market shows bets on $150 oil by end-April rising Open interest in $150 calls nearly 10 times larger than last month Oil is trapped in Gulf following U.S.-Israel conflict with Iran Brent crude set all-time high of $147 in 2008 LONDON, March 26 (Reuters) – Traders are piling …
With Hormuz Still Shut, Options Market Signals Rising Risk of $150 Oil Read More »
By Siddharth Cavale Iran says it is reviewing US proposal, has no interest in talks Ukrainian attacks, tanker seizures halt 40% of Russia oil export capacity Houthi movement says it stands ready to strike Red Sea waterway NEW YORK, March 26 (Reuters) – Crude futures closed higher on Thursday, rebounding from the previous session’s losses, …
Oil Settles Up Nearly 6% as Investors Fear Further Middle East Escalation Read More »
