Oil

Brent Hits Six-Month High on Hormuz Risk – but 70% of OPEC’s Spare Capacity Sits Behind the Chokepoint

Brent topped $72 on a $6/bbl risk premium as the US doubled its Gulf air power in three days. The problem: 5.8M bpd of OPEC spare capacity is stuck behind the same strait Iran just closed for live-fire drills.

Brent Hits Six-Month High at $71.33 – Trump’s 10-Day Iran Deadline Collides with SCOTUS Tariff Shock

Brent crude hits $71.33 six-month high on Trump's 10-day Iran deadline as SCOTUS strikes down tariff regime and EIA reports a 9-million-barrel inventory draw.

Malaysia’s Palm Oil Production Decline Reshapes Asia Pacific Vegetable Oil Markets

Government biofuel mandates and reduced palm oil production are reshaping Asia Pacific vegetable oil markets, with South American soybean supplies buffering demand.

Commodities Rally: Oil Gains on Middle East Tensions, Gold Soars

Oil prices climb 1.4% on Middle East tensions while gold reportedly surges to extraordinary $5,100 level amid global uncertainty affecting European markets

ExxonMobil, Shell Exit Argentina as Local Players Seize Vaca Muerta Assets

Major oil companies exit Argentina's Vaca Muerta formation in $4.6B asset sale spree, with local firms and state-owned entities taking control.

Can Cuba Survive Its Worst Fuel Crisis in Decades?

Cuba faces severe fuel shortages forcing tourist evacuations while palm oil futures eye RM4,000 targets and Venezuelan oil trades shift to US-China channels.

Oil Jumps 0.7% After Iran-US Negotiations End Without Deal

Oil prices rose Friday as US-Iran nuclear talks mediated by Oman ended without progress, raising concerns over Gulf crude flows through Hormuz Strait.

Why Is Pandora Abandoning Silver for Platinum?

Pandora switches from silver to platinum as precious metals surge. Gold and silver hit records while geopolitical tensions drive safe-haven demand.

Venezuela Back. Markets React. What’s Next?

Venezuela's return to global oil markets triggers record trading activity as India shifts from Russian to Venezuelan crude, reshaping international energy flows.

US Treasury Set to Issue Venezuela Oil Pumping License This Week

Trump administration prepares general license allowing companies to pump Venezuelan oil, potentially reshaping global energy markets and Middle East dynamics

Will Oil’s 3% Jump Signal Broader Iran Crisis?

Oil prices surge 3% and gold hits $5,000 as US-Iran tensions escalate following drone incident and stalled nuclear talks.