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WTI recovers above mid-$98.00s after gap lower as Hormuz risks offset OPEC+ output hike

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – rebounds following a bearish gap opening to the $96.45 area on Monday, though it sticks to modest intraday losses through the Asian session.

WTICRUDE
PetrolOilPrice.com

Oil Prices Fall as Trump Launches “Project Freedom” and OPEC+ Increases Output

Oil prices edged lower in early Asian trading on Monday after President Trump announced the U.S. would guide ships through the Strait of Hormuz and OPEC+ confirmed a modest output increase. At the time of writing, WTI crude was down 0.65% at $101.30, while Brent crude had dropped 0.39% to $107.80. T

BRENTWTICRUDE
PetrolOilPrice.com

Big Oil Begins Return to Canada amid Energy Crunch

For about ten years, Big Oil moved away from Canada’s oil sands and into cheaper, more easily developed—and less regulated—locations. Now, the supermajors are returning, looking for a piece of an energy industry that just got a lot more attractive. Last week, Shell said it would buy Canada’s ARC Res

BRENTWTI
PetrolOilPrice.com

Trump’s Renewable Energy Crackdown Hits Legal Wall

Over the last year, U.S. President Donald Trump has taken aim at the renewable energy industry, in an attempt to scale back efforts to undergo a green transition. Trump has instead favoured the expansion of the oil, gas, and coal industries, as well as the development of nuclear power. However, the

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PetrolSeeking Alpha Markets
PetrolPetrol haberleri

“Herkes ‘Yok Oldu’ Sandı, O ‘Nerede Kalmıştık?’ Demeye Hazırlanıyor!”

Akaryakıt dağıtım sektöründe bazen en derin sessizlikler, en büyük fırtınaların habercisidir. Petrolpiyasasi.com olarak, geçtiğimiz günlerde paylaştığımız ve doğruluğuyla ses getiren kulis bilgilerimize bir yenisini, belki de en sarsıcısını ekliyoruz. Sektörün tozunu yutmuş, sahanın gerçeklerine hak

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PetrolOilPrice.com

Iran’s Currency Crisis Deepens as War Batters Economy

Iran's currency has fallen to a record low against the US dollar as the two-month-long conflict rattles the country's sanctions-hit economy. Air strikes by the United States and Israel, launched at Iran on February 28, along with the American naval blockade on Iranian ports and vessels, have disrupt

BRENTWTI
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