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26 years of oil in 60 seconds 🛢️ From $144 in 2008 to -$37 in 2020, Brent and WTI have been through it all. Today Brent futures settled at $106.65 and WTI at $93.74. Which shock comes next? #Oil #Brent #WTI
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BREAKING: Oil crashes as Trump and Vance blame the Iran war for midterm losses. Brent fell $8.94, or 8.6%, to $94.66 — lowest since Sept. 4; WTI dropped 8.3% to $88.08 after Brent traded near $118 Friday. #Oil #Brent #Iran #CrudeOil #Energy oilprice.com/Latest-Energy-N…
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China’s Kyrgyzstan–Uzbekistan railway targets 2031 ops: 28 of 29 tunnels and 47 of 50 bridges are underway on the ~305-km Kyrgyz section. The full ~530-km line shortens China’s Central Asia route. #China #CentralAsia #Railway #Trade #Energy oilprice.com/Energy/Energy-G…
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Brent fell 2.9% to $100.60 and WTI 3% to $93.23 as traders bet on a U.S.-Iran settlement. Trump said Washington has no immediate strike plans and "seem[s] to be getting everything we want." #Oil #Brent #Iran #CrudeOil #Energy oilprice.com/Latest-Energy-N…
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European gas prices fell 2% to about €89.59/MWh at Dutch TTF as traders await Trump's next move on Iran. EU storage is just 74.33% full vs an 86% five-year average, and Qatar LNG force majeure runs to December. #NaturalGas #TTF #Europe oilprice.com/Latest-Energy-N…
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Who would have thought that all Trump needed to do to bring oil prices down was suffer a crushing defeat in the midterms?
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Oil comes crashing down following the U.S. mid-term elections as geopolitical risk premium evaporates.
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Nigeria's NNPC lifted oil and gas output to 3.04M boepd in September from 3.01M in August, helped by the Obodo field restart. Leaks, outages and protests still cap gains; monthly revenue held at $3.4B. #Nigeria #NNPC #Oil #OPEC #Africa oilprice.com/Latest-Energy-N…
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Renewable energy stocks rallied in Asia and Europe after Democrats took both the House and Senate. Orsted rose 6%, Vestas 5% and Hanwha Solutions 18% as investors rotated out of AI plays into clean energy. #Renewables #Midterms #CleanEnergy oilprice.com/Latest-Energy-N…
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BREAKING: Iran's IRGC says four oil tankers were destroyed by naval mines south of the Strait of Hormuz and two more vessels seized. Middle East oil exports already slipped to 17.1M bpd in October from 18.9M. #Iran #Hormuz #OilMarkets #Tankers oilprice.com/Latest-Energy-N…
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OilPrice.com retweeted
Trump weighs removing Defence Secretary Pete Hegseth following midterm losses -CBS News Florida Gov. Ron DeSantis is being floated as a possible replacement, according to a source
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