Crude Oil

3 articles

Oil tankers navigating the Strait of Hormuz under a tense, foggy sky, symbolizing the precarious state of global oil supply amidst geopolitical tensions.

Markets

Oil prices steady, but stability is a mirage amid Hormuz tensions

Despite Hormuz Strait tensions, global oil prices have remained surprisingly steady, though this stability is a mirage.

David Chen·June 19, 2026

Kuwaiti crude oil tanker navigating a tense geopolitical seascape, with an Asian trade vessel approaching, symbolizing a new era of direct sales.

Markets

Kuwait offers crude oil to Asian buyers for first time since Iran war

In a stark departure from decades of precedent, Kuwait is offering at least 4 million barrels of its main export-grade crude to refiners in China and South Korea.

Alex Petrenko·June 9, 2026

US stock market graph rising dramatically as a crude oil barrel symbol plummets, symbolizing the impact of falling oil prices on equity futures.

Markets

US Stock Futures Rise as Crude Oil Prices Plummet

Brent crude futures plunged 6% to $97.

Alex Petrenko·May 25, 2026