Sep 1oil-prices
Crude spikes 5% as Iran targets US bases in Jordan and the UAE
WTI crude surged 5.3% to $88.04 and Brent rose to $92.40 after Iran fired missiles and drones at bases hosting US troops in Jordan and the UAE overnight.
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WTI-Brent
$-4.76
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Top LoserNat Gas0.34%
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Aug 31oil-prices
Oil jumps 3% as strikes return to the Strait of Hormuz
WTI jumped 3.2% to $86.27 and Brent climbed to $91.14 after US forces struck Iranian rocket launchers preparing to float sea mines into the Strait of Hormuz.
Aug 27oil-prices
With its fear premium gone, oil looks to Jackson Hole
Fed Chair Kevin Warsh gives his first Jackson Hole keynote on Friday. With oil's risk premium drained, his words on rates may set crude's next direction.
Aug 25oil-prices
Analysis: three days that drained oil's fear premium
Brent has fallen nearly 10% in three sessions, from $94.39 to $85.07, while the Strait of Hormuz stays nearly shut. What changed was belief, not barrels.
Aug 25oil-prices
Oil drops to a one-week low as sanctions fears fade
Brent fell about 3% to $87.81 and WTI to $82.24 on Tuesday, both one-week lows, as traders bet economic pressure on Iran means less supply risk than feared.
Aug 24oil-prices
Oil slides 3% as the US unveils its 'economic D-Day' on Iran
Oil gave back much of last week's rally on Monday as Washington rolled out sweeping Iran sanctions. Brent fell 3.7% to $90.42 and WTI dropped 3.3% to $85.04.
Aug 23iran
Bessent set to unveil 'toughest sanctions in history' on Iran
Oil ended the week over 5% higher as Treasury Secretary Scott Bessent prepares to detail what he calls the toughest sanctions in history against Iran on Monday.
Aug 20oil-prices
Brent nears $94 as the UAE cuts trade ties with Iran
Brent crude rose nearly 3% to $93.83 and WTI to $86.84 after the UAE severed its commercial and financial links with Iran, putting Gulf oil supply back in focus.
Aug 19natural-gas
AI data centers become a major new buyer of US natural gas
Forecasters expect AI data centers to lift US natural gas demand by 3 to 6 billion cubic feet a day by 2030, a source of demand that barely existed a year ago.