News Trump Oil Reserve

A reported 34% probability now implies US crude oil prices could exceed $110 per barrel by month-end, while Brent crude sits less than 2% below a...

Brent crude oil moved above $117 per barrel for the first time since March 19. The price is $2 below this year’s high. The driver: market fears that...

Brent crude oil rose above $115 per barrel for the first time since May 4. The price is now less than 4% below the March 9 peak associated with the...

Brent crude oil rose above $114 per barrel for the first time since May 5 as US–Iran tensions escalated, according to The Kobeissi Letter. Market...

US oil prices rebounded after outlets denied earlier claims that the United States and Iran had reached a deal. Conflicting headlines whipsawed...

Physical crude oil shipping costs have surged: transporting 2 million barrels from West Africa to China now costs $27.22 per barrel, up from about...

President Trump stated that Europe agreed to release a large quantity of diesel oil. No details on volume, timing, participating countries, or...

Global diesel supply has contracted sharply, with the largest losses coming from the Middle East and Russia between March and August 2026 compared...

Brent crude rose above 107 dollars per barrel and US crude moved above 95 dollars after the Houthis said they attacked a Saudi Arabian military...

The US Strategic Petroleum Reserve fell by 403,000 barrels last week to 285 million barrels, the lowest level since November 1982. This was the 25th...

Saudi Arabia suspended oil loadings at Yanbu, its main Red Sea port, after attacks on the East-West pipeline, reported by Reuters. Yanbu exports up...

Saudi Arabia’s East-West pipeline has been shut after recent strikes. Reuters reports that if it is not reopened this week, about 4% of global oil...

President Trump stated the United States is not seeking a deal with Iran and that oil prices will not fall until right after U.S. midterm elections....

Iran's politicians are considering blocking the Strait of Hormuz in response to recent US military strikes on Iranian nuclear facilities. This...