China Refinery Runs Fall to Pandemic Level Lows
Crude oil ETF USO climbs 1.26% even as China refinery runs sink to pandemic era lows, driven by a historic drop in crude imports and softening fuel demand.
James Stephens3 min read
Strait of Hormuz
James Stephens3 min read
Pakistan Highest Paying Jobs Overshadowed by Costly LNG Deal
Pakistan just paid its highest LNG price in four years as Hormuz tensions choke off Qatari supply, while crude oil edges higher on the same geopolitical strain.
Jake Fox3 min read
Oil Prices Set to Surge Most Since April on Iran War
Crude oil is climbing fast as U.S. strikes on Iran and tanker attacks near the Strait of Hormuz choke off supply. Here is what is driving the surge and what…
Edward Byrd3 min read
Gulf Oil Exports Briefly Hit Pre War Levels Before New Escalation
Gulf oil exports briefly rebounded to pre conflict levels before fading again as US Iran tensions choke tanker traffic through the Strait of Hormuz, rattling crude markets.
Edward Byrd3 min read
IEA Global Oil Inventories Show 1.8 Million Bpd Deficit
USO fell 1.53% as the IEA slashed its 2026 oil supply forecast, warning global inventories are draining fast amid a prolonged Strait of Hormuz standoff.
Jake Fox3 min read
Hormuz Tanker Traffic Falls to Two Month Low Amid Escalating Attacks
Oil prices surged as tanker traffic through the Strait of Hormuz hit a two month low, with a VLCC turning back under threat and analysts calling it the most dangerous…
Edward Byrd3 min read
Iran Expands Strikes as US Widens Attacks Amid Gulf Retaliation
US strikes hit Iranian bridges, railways and an airport for a sixth straight night, and Tehran struck back at American bases in Kuwait and Jordan, even as diplomacy stays alive.
James Stephens5 min read
Iran Strike on Jordan Signals More Aggressive Military Strategy
Iran fired ballistic missiles at US bases in Jordan, breaking a brief lull in fighting and prompting a sharp warning from President Trump. Experts say the strike signals a shift…
James Stephens5 min read
Middle East War Enters Its Most Dangerous Phase Yet
Iran strikes U.S. bases across three countries while Houthi attacks threaten a second oil chokepoint, as energy majors post record profits amid the widening Middle East war.
James Stephens6 min read
Japan Trade Chief Warns Strait of Hormuz Closure as Tensions Rise
Crude climbs as shippers abandon the Strait of Hormuz over renewed danger, forcing Japan to tap emergency reserves and hunt for oil far from its usual Middle East suppliers.
Jake Fox3 min read
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
Iran Strikes Gulf Countries as Regional Escalation Continues
Iran struck Qatar, Bahrain, Kuwait, Oman and Jordan in a single day, hitting an oil platform and rattling Doha with missiles. Here is what actually happened, and what it signals.
James Stephens6 min read
Oil Prices Surge 4% as Iran Tensions With US Reignite Supply Fears
Oil prices surge as Iran tensions widen after weekend U.S. strikes and Iranian missile attacks on five Gulf allies. Here's what's driving the crude rally and where it could go…
Edward Byrd3 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
Oil Prices Jump on Renewed US Iran Hostilities
Oil prices jump on renewed US Iran hostilities as strikes near the Strait of Hormuz shake markets. USO surges 4.38% as traders reassess supply risk and short positioning.
Jake Fox3 min read