Oil Prices Slide as Iran Tensions Ease, Gas Plunges Crude prices retreat after strong January gains After posting their biggest monthly gains since 2022, crude oil prices dropped sharply Monday as geopolitical tensions between the United States and Iran appeared to ease. Iran is the largest member of the OPEC+ alliance, and any sign of …
Crude oil prices jumped more than 3% on Tuesday as a powerful winter storm disrupted U.S. oil production and temporarily halted Gulf Coast crude exports, lifting Oklahoma energy stocks alongside the broader energy sector. Winter storm disrupts U.S. oil production The severe winter weather strained energy infrastructure across major producing regions, forcing operators to shut …
Oil Prices Hold Elevated Levels as Gas Surges, Stocks Mixed Crude oil prices remained elevated Monday as geopolitical tensions and U.S. supply disruptions continued to support the market, while natural gas posted another dramatic gain amid severe winter weather across much of the central United States. At the same time, natural gas prices soared again …
Crude prices retreat after geopolitical pressure eases Crude oil prices fell about 2% on Thursday after President Donald Trump appeared to soften earlier comments about acquiring Greenland and taking potential military action against Iran following its violent crackdown on anti-government protesters. Markets had been reacting earlier this week to heightened geopolitical risk tied to Iran …
Oil Prices Hit Seven-Week Highs as Iran Unrest Fuels Market Crude Advances as Geopolitical Risks Rise Crude oil prices climbed to seven-week highs on Monday, supported by growing geopolitical concerns tied to Iran’s oil exports and broader unrest in the Middle East. Natural gas prices also surged, posting a nearly 7% gain in the session. …
(Evana, an oil tanker, is docked at El Palito port in Puerto Cabello, Venezuela, Dec. 21, 2025. | Matias Delacroix/AP) Trump Ties Venezuela Compensation to U.S. Oil Investment Administration Sets Conditions for Recovering Seized Assets The Trump administration has made its position clear to U.S. oil and gas companies seeking compensation for assets seized by …
Crude oil prices Crude oil prices climbed more than $1 per barrel in Monday’s trading as geopolitical tensions escalated following Russia’s accusation that Ukraine targeted President Vladimir Putin’s presidential residence with a drone attack. Traders also weighed the risk of possible supply disruptions in the Middle East, particularly tied to growing instability in Yemen. According …
ConocoPhillips sets Q4 2025 earnings release as oil prices slide Fourth-quarter results and 2026 guidance come amid weaker crude prices ConocoPhillips will release its fourth-quarter 2025 earnings in early February, a report that could reflect the impact of lower crude oil prices late in the year after West Texas Intermediate (WTI) fell below $60 per …
Oil prices rise as Trump orders tanker blockade on Venezuela Blockade lifts crude prices despite global supply concerns Crude oil prices climbed about 1% in Wednesday trading after Donald Trump ordered a blockade of oil tankers entering and leaving Venezuela, tightening supply concerns tied to the sanctioned producer. The move helped lift oil prices even …
Oil Prices Rise Nearly 1% as Fed Rate Cut Expectations Boost Markets Crude oil prices climbed nearly 1% on Friday, hitting a two-week high as investors anticipated a possible interest rate cut by the U.S. Federal Reserve. Traders expect a rate reduction to stimulate economic growth, which in turn boosts demand for energy and crude …
