Brent crude tops $113 as Houthi attacks on Saudi Arabia escalate
Brent crude climbed to $113.75 on Friday after Houthi attacks on Saudi Arabia, an Aramco headquarters evacuation and a Libyan pipeline shutdown deepened supply worries.
Stories tagged “oil”
10 stories on oil from MarketRadar.
Bitcoin price holds above $82K as Trump declares Iran deal complete, oil tumbles
Bitcoin held above $82,000 on Monday after President Trump declared the US-Iran deal finished and ordered the Strait of Hormuz reopened, draining the war premium out of oil.
Paul Tudor Jones says oil could rally another $20-$25 as Iran conflict drags on
Billionaire macro trader Paul Tudor Jones says he is "long oil, bullish on oil," expecting crude to rally another $20 to $25 a barrel as the US-Iran conflict drags on past November's midterm elections.
Indian rupee jumps 1% to 95.77 as RBI dollar window takes effect
The Indian rupee strengthened about 1% on Monday to 95.77 against the dollar — its best single-day move since April — as the RBI's weekend package and suspected state-bank dollar selling squeezed the market's greenback bid.
Diesel hits record $6.53 a gallon as electric trucks still can't compete
US diesel averaged a record $6.53 a gallon in September and topped $8.44 in California, yet battery-electric rigs still lose on cost — pushing the twin Southern California ports toward $60-a-trip subsidies for zero-emission trucks.
Gold recovers above $4,110 after stop-hunt dip as oil jumps on Iran strike report
Spot gold slipped under $4,110 in a stop-hunting move on Wednesday, then clawed back above the level as crude jumped on reports of pre-midterm US strike planning against Iran — while hawkish Fed minutes kept another 2026 rate hike firmly on the table.
Bitcoin liquidations top $547M as Hormuz oil shock hits crypto
Bitcoin tumbled under $84,000 on Wednesday after Iran escalated strikes on commercial tankers transiting the Strait of Hormuz. Brent crude surged past $101, and crypto derivatives markets answered with roughly $547 million in liquidations — overwhelmingly long positions caught on the wrong side.
Oil at $100: IMF chief warns of energy shock, AI boom and debt risks
Crude is holding near $100 a barrel as IMF chief Kristalina Georgieva warns that an energy shock, the AI investment boom and record public debt are combining into a dangerous cocktail for the world economy.
Weekend commodities outlook: gold, silver and oil brace for a data-heavy week
Gold, silver and oil all finished the week lower as surging bond yields pressured metals and emergency reserve releases capped crude. Here is the weekend rundown and what to watch next week.
G7 agrees to release 100 million barrels of oil from emergency reserves
The G7 will release 100 million barrels of crude and fuel from emergency stockpiles in stages over four months via the IEA, with diesel supplies prioritised, as Brent holds above $102.