EIA technical glitch delays key US oil production data for weeks
A technical glitch has delayed the EIA's most detailed US oil production report, expected in September, amid tight supply conditions.
A technical glitch has delayed the EIA's most detailed US oil production report, expected in September, amid tight supply conditions.
Bitcoin dropped below $77,000 on Tuesday after Trump confirmed US airstrikes on Iran, reversing a recent rally to $80,000.
Trump says Iran will be 'totally wiped out' if it retaliates. Crude oil rises to $90.50, its highest since July.
US dollar strengthens to new highs against major currencies, supported by rising oil and yields amid Middle East tensions after Trump said US strikes Iran.
President Trump announced US strikes on Iranian targets near the Strait of Hormuz, warning of more severe attacks if Iran retaliates. An Iranian source said…
Gold lost nearly $100, dropping to $4353 and its lowest level since August 18, as sellers broke through key support.
Crude oil rose nearly $4 and stocks fell on reports of a US attack on Iran. Explosions reported in Chabahar and Bandar Abbas.
Bessent stressed monetary policy communication and backed Japan's yen steps. Also commented on Fed; crude oil rose on Iran attack.
Eurozone inflation matched expectations at 3.3%, while oil and yield gains triggered risk-off moves in risk assets.
Oil prices stayed elevated after US-Iran tensions; Asia-Pacific equities were mixed as manufacturing PMIs highlighted varying trends.
UBS says the Venezuela oil deal is strategically significant but unlikely to move crude prices in the near term, with Strait of Hormuz risk dominating.
Japan's manufacturing PMI rose to 54.9 in August; new orders saw sharpest growth in over 8 years, driven by AI and semiconductor demand.
Brent crude settled above $90 and the 10-year yield hit 4.768%, pressuring growth stocks and gold while bitcoin held above $78,340.
Oil producers use ship-to-ship transfers and dark transits to bypass Hormuz threats, keeping flows stable despite ongoing conflict.
A tanker was struck by three projectiles while leaving the Strait of Hormuz, UKMTO reported. No casualties or damage were reported.