OPEC Lowers Oil Demand Forecast Again as Hormuz Fears Ease
OPEC just cut its oil demand forecast for the third month running, even as Gulf producers ramp output back up. Here is what that tug of war means for crude…
James Stephens3 min read
crude oil supply
James Stephens3 min read
Hormuz Tanker Traffic Grinds to a Halt Amid US Iran Tensions
Hormuz tanker traffic has nearly stopped as Iran and the US trade strikes again, reversing weeks of recovering shipping and sending oil prices swinging. Here's what the data shows.
Holly Herrera3 min read
Oil Prices Jump on Renewed US Iran Hostilities
USO jumped over 4% as President Trump declared the Iran ceasefire dead and Tehran threatened to close the Strait of Hormuz, a chokepoint for a fifth of world oil supply.
Jake Fox3 min read