WTI Crude Oil Latest News
Alaska crude output to grow in 2027 on North Slope projects, EIA says
Alaska’s crude oil production is set to extend its recovery after decades of decline as new North Slope developments add supply. The U.S. Energy Information Administration forecasts output will ...
Oil prices rise as tensions with Iran fuel fears of supply disruptions
Oil prices rose on Thursday as renewed threats to shipping in the Strait of Hormuz and escalating tensions between Israel and Iran supported the market despite rising crude production. ...
WTI rebounds from recent lows as Middle East tensions sustain supply risks
WTI is up about 0.8% on November 12, trading around $87.60 per barrel as it attempts to recover from a sharp decline from local highs of $104–105. On the 1D chart, oil remains below its ...
U.S. rejects need for Iran deal amid Middle East tensions
Rising tensions around the Strait of Hormuz are sharpening the focus on U.S. security policy and energy flows in the Middle East. President Donald Trump says Washington does not need an agreement ...
WTI rebounds toward $88 as hopes for a swift Iran deal fade
WTI is recovering toward $87.90 per barrel on November 11 after a sharp decline from highs of $105–106, attempting to halt the downtrend that accelerated amid expectations of a diplomatic ...
Oil rebounds from two-month lows as Iran tensions cloud peace prospects
Oil prices rose on Wednesday, recovering from two-month lows after Iran ruled out transferring enriched nuclear material abroad, complicating prospects for a diplomatic settlement with the United ...
Oil prices tumble as fears of Iran escalation fade
Oil prices fell sharply Tuesday after U.S. President Donald Trump signaled that Washington would hold off on additional military strikes against Iran, reducing concerns about prolonged ...
WTI remains under pressure as $84.50 support faces a critical test
WTI is declining toward $85.60–85.70 per barrel on November 10, extending its sharp fall after yesterday's break below support at $87.50–88.00. The main catalyst for the latest wave of ...
WTI retests $87.50 support as diplomatic hopes fuel another selloff
WTI is declining toward $88.70–88.80 per barrel on November 9, having lost almost all the gains made during Friday's recovery toward $92. On the 4H chart, prices are once again approaching ...
FTSE 100 rises as miners gain on firmer gold prices and oil retreats
London equities move higher in Monday trading as weaker oil prices help calm inflation concerns and stronger gold prices support heavyweight mining stocks. Investors are also weighing fresh signs ...
Oil prices fall after Trump's comments on Iran
Global oil prices continued to decline on Monday, November 9, after U.S. President Donald Trump suggested that further strikes on Iran were unlikely. However, attacks on ships near the Strait ...
Hedge funds cut bullish oil bets ahead of U.S. election-driven selloff
Investor positioning in crude markets shifts sharply in the week through Nov. 3 as tensions between the U.S. and Iran ease. The move leaves hedge funds better placed to benefit from the price ...
U.S. Gulf Coast refiners gain from wider heavy crude discounts
Higher tanker rates linked to the Iran conflict are reshaping crude economics for refiners, boosting the appeal of heavy grades available to the U.S. Gulf Coast. The shift is widening cost ...
WTI rebounds toward $92 as Middle East tensions keep oil markets on edge
WTI is trading around $92 per barrel on November 6, continuing its recovery after a sharp plunge to $87.50–88.00, triggered by a reassessment of geopolitical risks in the Middle East. On the ...
Oil prices fall amid fears of renewed U.S.-Iran conflict
Global oil prices declined on Friday, November 6, reversing gains recorded earlier in the session. Investors are assessing the likelihood of renewed military action between the U.S. and Iran ...
Oil market rises on U.S.-Iran escalation risk, diplomatic hopes
Energy markets are trading higher as investors assess whether political developments in Washington could reshape security risks around Iranian oil flows. Brent is nearing $100 a barrel while ...
Gran Tierra Energy reports stronger third-quarter results as oil prices and production rise
Gran Tierra Energy posts higher revenue and sharply improved net income for the third quarter ended Sept. 30, 2026. The gains reflect stronger oil prices and higher production, while the company ...
WTI rebounds from $87.50 as Middle East risks challenge bearish sentiment
WTI is trading around $90.50–90.60 per barrel on November 5, attempting to recover after a sharp plunge to $87.40–87.60. The decline continued a massive selloff that began after a failed ...
Oil prices rise as Iran conflict risks remain unresolved
Oil prices rose on Thursday, recovering some of the previous session's steep losses as investors reassessed the outlook for the U.S.-Israeli conflict with Iran. The rebound followed a ...
Rocket Companies call buying jumps as options traders rotate into housing names
U.S. stocks are surging after the midterm elections trigger a Democratic blue wave, prompting options traders to sell volatility and rotate away from some big technology positions. Housing-linked ...
WTI tests $94 support as U.S.-Iran diplomacy fuels further selling
WTI is declining toward $94.20–94.30 per barrel on November 4, continuing its sharp fall after a failed attempt to consolidate above October highs of $105–106. On the 1H chart, prices have ...
