WTI Crude Oil Stabilizes Near $88 But Resistance Remains at $90-$91
WTI crude oil stabilizes near $88, but faces resistance at $90-$91. Buyers must hold $89.50 and clear $90 for further gains.
06/10/2026 05:0222 min read
Oil
Hormuz crude traffic near 76% of prewar pace; diesel remains scarce.
Hormuz crude flows are near 76% of prewar levels, but refined fuel shipments stay low and diesel prices remain high; full recovery is not seen before 2027.
06/10/2026 02:0515 min read
De Haan: Trump's dyed diesel order offers little pump relief
GasBuddy's Patrick De Haan says Trump's dyed diesel order will not cut pump prices for most drivers due to state law obstacles and tax complications.
06/10/2026 01:4213 min read
Nvidia closes in on $6 trillion as bond markets flash caution: Deutsche Bank
Nvidia nears $6 trillion while bond yields surge, creating a divergence Deutsche Bank says is unsustainable.
06/10/2026 00:2314 min read
Trump opens red-dyed diesel to all buyers as fuel costs remain high
President Trump signed an order removing the restriction on tax-exempt red-dyed diesel, allowing all buyers to purchase it as diesel prices stay elevated.
06/10/2026 00:1212 min read
Bitcoin behaves as a rates bet rather than inflation shield a year after record high
Bitcoin trades near $86,000, about 32% below its all-time high of $126,000, as its price moves in line with US rates and macro data.
05/10/2026 23:0214 min read
Trump Shifts Blame from Hormuz to Refineries for Higher Gasoline Prices
President Trump claims the Strait of Hormuz is no longer a factor in gas prices, pointing to refineries, but tanker attacks persist and prices have risen.
05/10/2026 22:569 min read
Aramco CEO: Two years needed to rebuild oil stocks after Hormuz reopening
Aramco's CEO warned rebuilding global oil inventories after Hormuz reopens could take up to two years, citing critically low stock levels.
05/10/2026 22:4115 min read
New Zealand business confidence hits net 40% in Q3 despite oil headwinds
New Zealand business confidence rose sharply to a net 40% in the September quarter, though firms' own trading remained flat. Oil prices from US-Iran tensions…
05/10/2026 21:2115 min read
Crude oil climbs on Middle East tensions; key technical levels to watch
Crude oil rallied on Middle East supply concerns; technical levels at $90.77 and $91.85 are key.
05/10/2026 15:4210 min read
Oil Retreats After G7 Taps Emergency Stocks and Mideast Shipments Increase
Oil fell after G7 agreed to release 100 million barrels from emergency reserves and as Middle East crude exports rose. Bitcoin and gold gained.
05/10/2026 14:3110 min read
Crude oil trades in tight range as US-Iran talks dominate, Hormuz attacks ongoing
Crude oil consolidates as US-Iran talks proceed and Hormuz attacks persist. Technicals show channel trading with support near 88.00 and resistance at 110.00.
05/10/2026 10:1210 min read
Delta's Q3 report to test if consumer spending can withstand rising fuel costs
Delta's Q3 earnings report will test if consumers can sustain spending amid rising fuel costs.
05/10/2026 10:119 min read
Bitcoin Reverses Course After NFP, Attention Remains on US-Iran Talks
Bitcoin ended Friday lower despite a soft NFP report, then recovered over the weekend. Focus remains on US-Iran talks.
05/10/2026 08:318 min read
Dollar firms, crude eases as Asia-Pacific trading opens
Dollar strengthened, crude slipped, and Japan's Nikkei hit a three-month high; Fed minutes are due on Wednesday.
05/10/2026 03:5113 min read