Middle East tensions keep oil prices elevated, diesel at record
US gasoline and diesel prices remain high amid Middle East tensions, with oil supply risks and increasing rate-hike expectations globally.
08/09/2026 11:419 min read
Oil
Crude oil traders advised to wait for break below 94.14 before shorting
Crude oil traders are advised to wait for a break below 94.14 before shorting.
08/09/2026 09:519 min read
How crude oil prices shape inflation and central bank policy
Oil prices move inflation directly and through expectations, and central banks must judge whether energy shocks require a policy response.
08/09/2026 09:3213 min read
Houthi strikes on Saudi energy sites extend oil's gains
Iran-backed Houthis attacked Saudi energy facilities, injuring 73; WTI crude rose above July high, nearing $100.
08/09/2026 08:027 min read
European shares dip at open as oil and rate fears persist
European stock markets opened slightly lower on Wednesday, weighed by rising oil prices, bond yields, and geopolitical tensions.
08/09/2026 07:215 min read
China's oil demand to accelerate, Vitol CEO says, calling current gap unsustainable
Vitol CEO sees China oil imports picking up, calls current gap unsustainable; global demand to drop 1.5 mln b/d in 2026.
08/09/2026 02:2114 min read
Goldman Sachs Warns Oil May Reach $120 After Trump Ends Iran Diplomacy
Goldman Sachs warns oil could hit $120 as Trump abandons diplomacy with Iran and blockades the country.
08/09/2026 02:1110 min read
Goldman lifts Brent, WTI outlook; $120 oil possible if shipping attacks widen
Goldman Sachs raised its oil price forecasts and flagged a potential rally to $120 per barrel if Middle East shipping attacks intensify.
08/09/2026 00:1114 min read
Oil surges over $1 as Saudi strikes and Iran threat roil markets
Oil gained over $1 as reports of Saudi blasts and Iran's vow to strike energy infrastructure added to supply risk.
07/09/2026 22:5311 min read
Crude Rallies to Test $93.50 as Middle East Tensions Rise
Crude oil futures test $93.50 resistance as US-Iran tensions escalate, with technical levels guiding next moves.
07/09/2026 18:0110 min read
European stocks end the day on a mixed note
European stock benchmarks finished the session mixed, with energy shares supported by higher oil and bond yields climbing on rate concerns.
07/09/2026 17:319 min read
Oil advances, yen climbs as US markets shut for Labor Day
Oil prices rose on Middle East tensions, yen surged against dollar, and European stocks were cautious as US markets closed for Labor Day.
07/09/2026 12:125 min read
Oil near $100 poses renewed threat to central banks
Oil may soon hit $100 again, threatening to reverse inflation progress and create a policy dilemma for central banks as the US-Iran conflict persists.
07/09/2026 11:4312 min read
New strike hits Saudi Aramco facility in Jizan, damage assessment under way
A fresh attack targeted Saudi Aramco's Jizan facilities on Monday, with damage being assessed. Oil prices rose on the news.
07/09/2026 11:316 min read
Strait of Hormuz Tensions Push Oil Higher After US-Iran Strikes
Oil prices climbed on Friday amid US-Iran missile strikes in the Strait of Hormuz, with OPEC+ keeping output unchanged.
07/09/2026 09:537 min read