Trending News: Oil Price Uncertainty as Negotiations ContinueSembcorp Gets Conditional Approval for 300 MW Malaysia-Singapore Renewable Power Project, with 2.2 GWp Floating Solar and 4.3 GWh BESSDelhi’s Clean Energy Transition: IEEFA-Ember Study Calls for Battery Storage and Rooftop Solar as Demand Rises to 38,482 MUUS Energy Firms Leave Rig Count Unchanged in Latest Week, Baker Hughes SaysUS Senate Passes Sweeping Russia Energy Sanctions, Next Stop US HouseHundreds of Millions in Grid Deposits Linger in Uncertainty Following Texas Data Center PauseNavgrun Plans 1.2 GW TOPCon G12R Manufacturing Facility, Complementing Existing 700 MW Module Capacity in IndiaLONGi to Supply Hi-MO 9 Modules for 71 MWp Solar Portfolio in ItalyIndia Remains Dependent on Imports for 90% of Oil DemandSaudi Arabia, Pakistan and Turkey to Sign Defense DealADNOC Buys 11 Supertankers for $1.3 Billion to Expand Export FleetLibya Aims to Boost Oil Production to 2 Million Bpd by Early 2030sUS Judge Orders Pentagon to Lift Wind Project FreezeTrump Unveils Trade Actions to Compete with China on Solar and ChipsSpaceX to Build Natural Gas Power Plants for Texas Chip FactoryTrump Refunds to Cancel Offshore Wind Projects Total $4 BillionTrump Is Aiding a Golden Age for Renewable EnergySaudi Crude Shipments to US Plunge to Zero as Oil Refiners PivotOccidental Sees Flat Spending, Output in 2027, Keeps Focus on Debt ReductionCO2 storage key to reliable supply for US food and beverage manufacturersAnalysis: Why BP’s Archaea exit is not a vote against biomethaneRussia Turns to South Korea for Fuel as Refinery Crisis DeepensChina’s Crude Imports Bounce Back After Historic June SlumpShipping Through Hormuz Drops Sharply as Tensions RiseIndia’s Crude Oil Output Falls for Third Straight YearJPM Now Expects Fed to Hike Rates in DecemberBlue Origin identifies oxygen valve as cause of New Glenn test explosionSECI Awards 1,000 MW RTC Thermal Mimic Power Tender To Seven Developers At Tariffs Starting INR 5.25/kWhIndia Daily: PM Surya Ghar Crosses 50 Lakh; SECI Floats 100 MW Solar-BESS Bid; India Pushes ₹20,000 Cr Nuclear Mission; NTPC Floats 15 MW O&M Bid; RRECL Drafts Mandatory BESS SOP and More…Weekly Tech: Jinko Solar Unveils Tiger Neo 3.0; Hoymiles Expands Microinverter Reach; Aegeus Scales Solar O&M Robotics; Dinto Solar HJT Secures BIS Registration and More…Green Energy Stocks Deliver Mixed Performance As Sensex Falls 0.58% And Nifty Ends Lower (07 August 2026)Envision Commissions Renewable-Powered AI Campus in Inner Mongolia, Targets Over 2 GW CapacitySaudi researchers develop membranes with 90% MOF materialPosco Air Solution gains aerospace rare gas certificationChina’s G-Gas to optimise ultra-high-purity nitrogen systems for Korean chipmakersChinese Oil Giant Launches World-First 16MW Floating Wind TurbineAramco Deepens Asia Oil Discount Ahead of Possible Hormuz DealRussian Oil Production Climbs Above 9 Million Bpd in JulyOil Prices Jump as Houthi Attacks Raise Saudi Supply RisksIndia approves $2.5bn for biogas developmentLNG margins and volumes spur Cheniere to $3bn Q2 profitAndy O’Brien, The Insider Poised to Lead ConocoPhillipsJapex to Buy US Tight Oil and Gas Assets for $320 MillionAMERICAN ENERGY SNAPSHOT: How America Became the World’s Energy StabilizerRWE, Trump Administration Reach $1.22 Billion Agreement to Cancel Offshore Wind LeasesUS is Set to Import Most Middle East Crude Since Iran War BeganConstellation Energy to Sell Gas Plant to LS Power, Raises Profit ForecastConocoPhillips Says Lance Retiring After 14 Years as CEOBig Oil Is Bracing for Lower Prices — and Rightly SoNewcleo sets out plan for licensing of US MOX plantWater levels to be increased in Zaporizhzhia’s used fuel poolsUS collaboration to study used nuclear fuel recyclingHow the UAE Has Kept Its Oil Flowing Through HormuzEurope’s Gas Storage Hits Lowest Level Since 2011 as Winter LoomsNigeria Eyes $50 Billion From 22 Offshore Oil and Gas ProjectsIndian Refiners Continue West Africa Crude Buying SpreeGulf Shipping Grinds to a Halt Following Houthi Missile ClaimAngola Confirms New Offshore Oil and Gas Reserves With Katambi-2 WellAnalysis: WF6 supply squeeze sparks supply race as AI chip demand surgesAnalysis: WF6 supply squeeze sparks supply race as AI chip demand surgesWARNING: Iran Warns Gulf States: Tell Trump to Desist or We Hit You HardOil Gains as Investors Cautious Over Iran-Oman TalksConocoPhillips Completes $1.7 Bln Asset Sale, Hits Divestiture Target EarlyCheniere Energy Reports Rise in Second-Quarter Profit on Increased LNG DemandAnalysis: Can UK biomethane seize its moment?Iran and Oman Near Landmark Deal to Manage Strait of HormuzU.S. Diesel Exports Hit Record High as Domestic Stockpiles SlideChina’s Top Refiner Pivots to Russian CrudeWhat Has Been the One Constant Through Hormuz Turmoil?Solar & Storage Leadership Forum 2026: Tanzania Set to Power the Country’s Next Phase of Clean Energy GrowthKelington to expand India footprint with planned ASUWaaree Renewable Technologies Secures 210 MWp EPC Contract from Solaris Horizon EnergyIndian Equity Markets End Higher As Green Energy Stocks Deliver Mixed Performance (06 August 2026)Biogas covers Denmark’s national gas use for the first timeBiogas covers Denmark’s national gas use for the first timeSJVN Files FY26 Annual Report, Highlights 4.2 GW Operational Portfolio and Expanding Renewable Energy PipelineHopes rise on Strait of Hormuz dealDOE Closes $489.4 Million Loan To Strengthen Puerto Rico Grid With 220 MW Battery StoragePowerCell to supply German cruise ship decarbonisation projectIndia Weighs Gas Levy to Bankroll $42 Billion Fuel Reserve PlanHormuz Draft Agreement Reportedly Awaits Khamenei ApprovalIndia Hopes To Take Over Operation Of Venezuelan Oil Fields From PDVSAHelix Keyes Helium Complex starts producing revenueGlencore’s Energy Trading Profits Soar on Iran WarFuel Shipping Waiver Extension ‘Quite Likely,’ Energy Chief SaysPipeline Owners Race to Build Capacity as AI Power Demand JumpsUS Crude Inventories Rise as Refinery Runs Ease and Imports Climb, EIA SaysUS Upstream Oil and Gas Second-Quarter Dealmaking Dives on VolatilityOccidental Quarterly Profit Soars to Highest Since 2022 on Oil RallyShale Producer APA Beats Second-Quarter Profit EstimatesIsoEnergy and DISA to create new US uranium companyX-Energy and Centrus sign HALEU supply agreementUS test reactors achieve milestonesBechtel assumes responsibility for Polish plant siteNWMO reveals design for Centre of ExpertiseHormuz Tanker Traffic Remains Subdued Despite Reports of Peace TalksChina Eases Fuel Export Curbs as Global Supply Crunch DeepensChina’s Power Demand Hits Records as Heatwave Grips Key RegionsRed Sea Attack Sinks India-Flagged Cargo Vessel Off YemenU.S. Moves to Keep Tungsten Scrap and Battery Metals at Home
Sat. Aug 8th, 2026
Trending News: Oil Price Uncertainty as Negotiations ContinueSembcorp Gets Conditional Approval for 300 MW Malaysia-Singapore Renewable Power Project, with 2.2 GWp Floating Solar and 4.3 GWh BESSDelhi’s Clean Energy Transition: IEEFA-Ember Study Calls for Battery Storage and Rooftop Solar as Demand Rises to 38,482 MUUS Energy Firms Leave Rig Count Unchanged in Latest Week, Baker Hughes SaysUS Senate Passes Sweeping Russia Energy Sanctions, Next Stop US HouseHundreds of Millions in Grid Deposits Linger in Uncertainty Following Texas Data Center PauseNavgrun Plans 1.2 GW TOPCon G12R Manufacturing Facility, Complementing Existing 700 MW Module Capacity in IndiaLONGi to Supply Hi-MO 9 Modules for 71 MWp Solar Portfolio in ItalyIndia Remains Dependent on Imports for 90% of Oil DemandSaudi Arabia, Pakistan and Turkey to Sign Defense DealADNOC Buys 11 Supertankers for $1.3 Billion to Expand Export FleetLibya Aims to Boost Oil Production to 2 Million Bpd by Early 2030sUS Judge Orders Pentagon to Lift Wind Project FreezeTrump Unveils Trade Actions to Compete with China on Solar and ChipsSpaceX to Build Natural Gas Power Plants for Texas Chip FactoryTrump Refunds to Cancel Offshore Wind Projects Total $4 BillionTrump Is Aiding a Golden Age for Renewable EnergySaudi Crude Shipments to US Plunge to Zero as Oil Refiners PivotOccidental Sees Flat Spending, Output in 2027, Keeps Focus on Debt ReductionCO2 storage key to reliable supply for US food and beverage manufacturersAnalysis: Why BP’s Archaea exit is not a vote against biomethaneRussia Turns to South Korea for Fuel as Refinery Crisis DeepensChina’s Crude Imports Bounce Back After Historic June SlumpShipping Through Hormuz Drops Sharply as Tensions RiseIndia’s Crude Oil Output Falls for Third Straight YearJPM Now Expects Fed to Hike Rates in DecemberBlue Origin identifies oxygen valve as cause of New Glenn test explosionSECI Awards 1,000 MW RTC Thermal Mimic Power Tender To Seven Developers At Tariffs Starting INR 5.25/kWhIndia Daily: PM Surya Ghar Crosses 50 Lakh; SECI Floats 100 MW Solar-BESS Bid; India Pushes ₹20,000 Cr Nuclear Mission; NTPC Floats 15 MW O&M Bid; RRECL Drafts Mandatory BESS SOP and More…Weekly Tech: Jinko Solar Unveils Tiger Neo 3.0; Hoymiles Expands Microinverter Reach; Aegeus Scales Solar O&M Robotics; Dinto Solar HJT Secures BIS Registration and More…Green Energy Stocks Deliver Mixed Performance As Sensex Falls 0.58% And Nifty Ends Lower (07 August 2026)Envision Commissions Renewable-Powered AI Campus in Inner Mongolia, Targets Over 2 GW CapacitySaudi researchers develop membranes with 90% MOF materialPosco Air Solution gains aerospace rare gas certificationChina’s G-Gas to optimise ultra-high-purity nitrogen systems for Korean chipmakersChinese Oil Giant Launches World-First 16MW Floating Wind TurbineAramco Deepens Asia Oil Discount Ahead of Possible Hormuz DealRussian Oil Production Climbs Above 9 Million Bpd in JulyOil Prices Jump as Houthi Attacks Raise Saudi Supply RisksIndia approves $2.5bn for biogas developmentLNG margins and volumes spur Cheniere to $3bn Q2 profitAndy O’Brien, The Insider Poised to Lead ConocoPhillipsJapex to Buy US Tight Oil and Gas Assets for $320 MillionAMERICAN ENERGY SNAPSHOT: How America Became the World’s Energy StabilizerRWE, Trump Administration Reach $1.22 Billion Agreement to Cancel Offshore Wind LeasesUS is Set to Import Most Middle East Crude Since Iran War BeganConstellation Energy to Sell Gas Plant to LS Power, Raises Profit ForecastConocoPhillips Says Lance Retiring After 14 Years as CEOBig Oil Is Bracing for Lower Prices — and Rightly SoNewcleo sets out plan for licensing of US MOX plantWater levels to be increased in Zaporizhzhia’s used fuel poolsUS collaboration to study used nuclear fuel recyclingHow the UAE Has Kept Its Oil Flowing Through HormuzEurope’s Gas Storage Hits Lowest Level Since 2011 as Winter LoomsNigeria Eyes $50 Billion From 22 Offshore Oil and Gas ProjectsIndian Refiners Continue West Africa Crude Buying SpreeGulf Shipping Grinds to a Halt Following Houthi Missile ClaimAngola Confirms New Offshore Oil and Gas Reserves With Katambi-2 WellAnalysis: WF6 supply squeeze sparks supply race as AI chip demand surgesAnalysis: WF6 supply squeeze sparks supply race as AI chip demand surgesWARNING: Iran Warns Gulf States: Tell Trump to Desist or We Hit You HardOil Gains as Investors Cautious Over Iran-Oman TalksConocoPhillips Completes $1.7 Bln Asset Sale, Hits Divestiture Target EarlyCheniere Energy Reports Rise in Second-Quarter Profit on Increased LNG DemandAnalysis: Can UK biomethane seize its moment?Iran and Oman Near Landmark Deal to Manage Strait of HormuzU.S. Diesel Exports Hit Record High as Domestic Stockpiles SlideChina’s Top Refiner Pivots to Russian CrudeWhat Has Been the One Constant Through Hormuz Turmoil?Solar & Storage Leadership Forum 2026: Tanzania Set to Power the Country’s Next Phase of Clean Energy GrowthKelington to expand India footprint with planned ASUWaaree Renewable Technologies Secures 210 MWp EPC Contract from Solaris Horizon EnergyIndian Equity Markets End Higher As Green Energy Stocks Deliver Mixed Performance (06 August 2026)Biogas covers Denmark’s national gas use for the first timeBiogas covers Denmark’s national gas use for the first timeSJVN Files FY26 Annual Report, Highlights 4.2 GW Operational Portfolio and Expanding Renewable Energy PipelineHopes rise on Strait of Hormuz dealDOE Closes $489.4 Million Loan To Strengthen Puerto Rico Grid With 220 MW Battery StoragePowerCell to supply German cruise ship decarbonisation projectIndia Weighs Gas Levy to Bankroll $42 Billion Fuel Reserve PlanHormuz Draft Agreement Reportedly Awaits Khamenei ApprovalIndia Hopes To Take Over Operation Of Venezuelan Oil Fields From PDVSAHelix Keyes Helium Complex starts producing revenueGlencore’s Energy Trading Profits Soar on Iran WarFuel Shipping Waiver Extension ‘Quite Likely,’ Energy Chief SaysPipeline Owners Race to Build Capacity as AI Power Demand JumpsUS Crude Inventories Rise as Refinery Runs Ease and Imports Climb, EIA SaysUS Upstream Oil and Gas Second-Quarter Dealmaking Dives on VolatilityOccidental Quarterly Profit Soars to Highest Since 2022 on Oil RallyShale Producer APA Beats Second-Quarter Profit EstimatesIsoEnergy and DISA to create new US uranium companyX-Energy and Centrus sign HALEU supply agreementUS test reactors achieve milestonesBechtel assumes responsibility for Polish plant siteNWMO reveals design for Centre of ExpertiseHormuz Tanker Traffic Remains Subdued Despite Reports of Peace TalksChina Eases Fuel Export Curbs as Global Supply Crunch DeepensChina’s Power Demand Hits Records as Heatwave Grips Key RegionsRed Sea Attack Sinks India-Flagged Cargo Vessel Off YemenU.S. Moves to Keep Tungsten Scrap and Battery Metals at Home
Sat. Aug 8th, 2026

Traders Pile into $80 US Oil Bets as Tensions Rise in Middle East

Call options grant the holder a right to buy futures contract at the preset price and date, and a rise in volumes can help gauge market sentiment.

About 33,411 contracts of August-2025 $80 call options for WTI crude oil were traded on Friday on a total trading volume of 681,000 contracts, marking the highest volume for these options this year, according to CME Group data.

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The last time trading was this high for $80 call contracts was on January 10, with 17,030 February-2025 $80 call options traded on a total trading volume of 301,866 contracts.

Oil prices jumped on Friday and settled 7% higher as Israel and Iran launched air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East.

U.S. West Texas Intermediate crude finished at $72.98 a barrel, up $4.94, or 7.62%. During the session, WTI jumped over 14% to its highest since January 21 at $77.62.

(Reporting by Noel John in Bengaluru; additional reporting by Georgina McCartney and Diane Craft)

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