Oil markets remain focused on hopes for a U.S.-Iran deal, but the physical market is facing a severe supply crunch. Global oil inventories are being depleted at a record pace, as governments draw down ...
As the US and Iran hammer out how to permanently reopen the Strait of Hormuz and restart the flow of Middle Eastern oil, the market’s next move may depend on one country absent from the negotiations: ...
The yield curve — basically, comparing the interest rates for short-, medium-, and long-term government bonds — can tell a lot about what investors expect to happen across each of those time frames.
Brent futures are understating physical market stress, analysts at BMI, a unit of Fitch Solutions, said in a BMI report sent to Rigzone by the Fitch Group early Friday. “Recent price action in Brent ...
Oil prices remain headline-driven, taking direction from escalation and de-escalation in the U.S-Iran conflict in the near term.… Oil futures are financial contracts that allow participants to buy or ...
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Heating oil suppliers told compensate customers for price surge at start of Middle East conflict
The competition regulator launched a probe into the heating oil market after the Middle East conflict pushed prices higher, ...
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