Anthony Harrup

U.S. crude oil inventories edged up in a fourth consecutive weekly increase as both imports and exports fell and production held steady, according to data released Wednesday by the U.S.

Crude futures extend losses to three sessions on cautious expectations that the U.S. economic isolation of Iran, rather than military action, could bring about a reopening of the Strait of Hormuz. "The de-escalation and fears of tighter global supplies are easing, which is tripping some long liquid

Oil futures add to earlier gains as the U.S. military says it's carrying out more strikes on Iranian targets in response to Iranian attacks on ships and U.S. servicemembers in the Middle East. The renewal of military action has rekindled concerns about oil flows out of the Persian Gulf being choked

Oil futures rise sharply as the U.S. launches new strikes against Iranian targets and President Trump warns "they will be hit at a much harder and higher level" if Iran retaliates against the latest "justified attack." WTI settles up 5.2% at $90.22 a barrel, its highest close since July 23. "While

U.S. crude oil inventories fell more than expected last week with refineries running near full capacity, according to data released Wednesday by the U.S.

Gold futures snap a three-session losing streak as Treasury yields ease. The market is closely watching for Friday's employment report, where a strong jobs showing could add to Fed rate-hike expectations. ADP reported a smaller-than-expected 38,000 increase in private-sector jobs in August. "Softe

Oil futures rise for a third straight session as strikes between the U.S. and Iran raise concerns about further escalation and oil flows out of the Persian Gulf. The EIA reported a bigger-than-expected 4.5 million barrel draw in U.S. commercial crude oil stocks for last week, while the Department o

Oil futures extend their gains as the Middle East conflict escalates with Houthi attacks on Saudi infrastructure and continuing strikes in the Strait of Hormuz. "It doesn't seem like President Trump has any kind of good off-ramp here. And it feels like the Iranians despite the blockade feel they're

Oil futures rise the their highest level in nearly four months with increased fighting across the Persian Gulf region raising supply worries. "Iran has stated they are ready for a more intense war and President Trump stated the conflict will last into the mid-term elections, which now has solidifie

Oil prices slipped back Friday after a string of gains, but ended the week sharply higher as traders assessed growing risks to Middle East crude exports.