Goldman Sachs Raises 2026 Brent Crude Average Price Forecast by $8 to $85 a Barrel, WTI to $79 a Barrel
Goldman Sachs late on Sunday raised its 2026 average price forecast for Brent crude oil to $85 per barrel (bbl) from $77, while raising its West Texas Intermediate (WTI) forecast…
Oil Plummets 8% as Trump Postpones Hormuz Deadline Threat
Brent crude is down more than 8% in the minutes following a statement by U.S. President Donald Trump that “THE UNITED STATES OF AMERICA, AND THE COUNTRY OF IRAN, HAVE…
Chinese Oil Giants Rethink Iranian Crude After US Waiver
The biggest state-controlled refiners in China are considering whether to buy Iranian crude after the U.S. on Friday issued a one-month waiver allowing imports of Iran-origin crude, sources with knowledge…
Zombie Tankers Appear in Hormuz as War Fuels Traffic Chaos
Vessels posing as tankers that were sent for scrap years ago have appeared to pass through the Strait of Hormuz in recent days, in another example of how the Middle…
Trump Reports ‘Productive Conversations’ with Iran
In a statement posted on his Truth Social page on Monday, U.S. President Donald J. Trump reported that the U.S. and Iran had had “very good and productive conversations” over…
Oil Plunges After Trump Postpones Strikes on Iranian Power Plants
Summary Trump gave Iran 48 hours to reopen Strait of Hormuz on Saturday (Reuters) – Oil prices plunged by more than 13% on Monday after U.S. President Donald Trump said…


Asian Oil Importers Pivot to U.S. Supplies as Hormuz Risks Intensify
Iran Says It Will Continue Exporting Oil Despite Canceled U.S. Waiver
Pakistan Races for Emergency LNG as Strait of Hormuz Traffic Stalls
Oil Jumps Above $87 as Russia-Ukraine Black Sea Attacks Escalate
U.S. Gasoline Prices Rise for First Time Since May as Iran Ceasefire Collapses
THE TRUMP CHARGE: Iran Blockade Reinstated, US to Charge 20% on Strait of Hormuz Cargo
Oil Hits Four-Week High as US-Iran Conflict Escalates
FEATURE STORY: Trump Drains America’s Emergency Oil Reserve as Canada Supplies 63% of US Crude Imports
Trump: Iran Blockade Reinstated, US to Charge 20% on Strait of Hormuz Cargo
Kashagan Oilfield Operator Ordered to Pay $4.9 Billion Environmental Fine, Ifax Reports








