Oil Glut Fears Return as Crude Prices Tumble on US-Iran Nuclear Deal
Crude oil prices declined sharply on a US-Iran deal expected to increase Iranian exports, fueling speculation of an oil glut and pressuring…
Crude oil prices declined sharply on a US-Iran deal expected to increase Iranian exports, fueling speculation of an oil glut and pressuring…
Colombia's presidential runoff risks upending oil exploration, drug war cooperation and U.S. relations, pressuring the peso and Colombian bonds.
Iran's Strait of Hormuz closure claim is undercut by tanker-tracking data revealing increased traffic, reducing supply disruption fears and pressuring oil prices.
Following the US decision to lift its blockade on Iranian oil, loadings from Kharg Island have resumed, increasing global crude supply and…
Bank of Spain hikes inflation outlook on elevated energy costs, signaling potential headwinds for eurozone bonds and equities while underpinning oil prices.
Traders raise odds of a Fed rate hike amid Iran-driven oil surge and hawkish signals from Warsh, reshaping bets across currencies, bonds…
Iran's oil exports leap as seven supertankers depart following blockade removal, raising concerns of oversupply and pressuring crude prices.
A surge in Persian Gulf crude production is set to test Asian demand, pushing oil prices lower as supply outpaces consumption. Asian…
Shipowners avoiding the Strait of Hormuz drive crude oil supply fears and price gains, while tanker stocks rally on increased voyage distances.
Supertankers hauling 80 million barrels of crude approach the Strait of Hormuz, amplifying supply risk and lifting oil prices.
Bitcoin fell below $63,000 and cryptocurrencies dropped across the board as risk assets sold off, oil tumbled 9% after the Iran deal,…
Emerging market stocks rallied to an all-time high as the Iran nuclear deal activation removed sanctions, fueling a risk-on move that lifted…