Physical oil buyers backed away, easing the squeeze and dragging prompt futures lower — a bearish short-term signal for crude.
Aramco profit smashes estimates on war-fueled oil price surge, offsetting export disruptions.
Norway's first rate hike since 2023 strengthens the krone, dropping EUR/NOK to 11.50 as Norges Bank leads Europe's tightening cycle.
Maersk CEO sees passing higher oil shock costs to customers as crude prices surge, signaling rising shipping surcharges, inflationary pressure, and resilience…
Norges Bank hikes key rate to 4.25%, leading Western Europe in tightening and driving a sharp krone rally.
Oil loading delays at Oman's port disrupt crude flows, sparking fears of a supply squeeze that lifts oil prices.