Crude

Global Crude Prices jump to $95 per barrel as US–Iran conflict escalates

Global Crude Prices jump to $95 per barrel as US–Iran conflict escalates

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Global crude oil prices experienced a sharp increase over the last 24 hours following new military strikes launched by the United States against Iranian targets in the Middle East. Market data shows Brent crude rising to $95.49 per barrel, up 0.54 percent, while West Texas Intermediate (WTI) climbed to $90.71 per barrel, representing a 0.84 […]

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‎US crude oil inventories inch higher, gasoline down

‎US crude oil inventories inch higher, gasoline down

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Oil tanks US commercial oil inventories rose slightly during the week ending August 21, according to data released Wednesday by the US Energy Information Administration (EIA), while derivatives stockpiles moved down. This is the fourth successive rise in the US crude stockpile. However, it is below the US Petroleum Institute’s estimates of a rise by

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Crude Oil Markets Fluctuate Dramatically Amid U.S.-Iran Conflict Escalation

Crude Oil Markets Fluctuate Dramatically Amid U.S.-Iran Conflict Escalation

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Key Takeaways Crude oil markets retreated Thursday following Wednesday’s dramatic surge in prices. Trump administration declared Iran ceasefire terminated, signaling potential for additional military operations. American forces targeted approximately 90 Iranian military installations in early Thursday operations. Tehran launched counter-strikes against American military facilities in Kuwait and Bahrain. Maritime security officials elevated Strait of Hormuz

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India Could Return To Iranian Crude If U.S. Extends Sanctions Waiver

India Could Return To Iranian Crude If U.S. Extends Sanctions Waiver

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Crude Falls to $70 but Nigerian Marketers maintain N1,200 pump Price

Crude Falls to $70 but Nigerian Marketers maintain N1,200 pump Price

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Global crude oil prices have declined to the $70 per barrel mark, raising fresh expectations among Nigerians that domestic petrol prices could soon be reviewed downward. The downward slide in crude prices continued on Thursday morning as the benchmark Brent crude slipped to $70 from $71 per barrel it closed on Wednesday. However, despite the

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US Crude Oil, Gasoline Inventories Keep Sinking, but Prices Don’t Care

US Crude Oil, Gasoline Inventories Keep Sinking, but Prices Don’t Care

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By Julianne Geiger – Jun 09, 2026, 3:50 PM CDT The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 9.119 million barrels in the week ending June 5. Analysts had expected a 3.4 million draw. In the week prior, US crude oil inventories fell by 6.75 million barrels.

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