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FinanceBloomberg Markets1d ago

Hari: Oil Prices to Keep Grinding Higher

Vandana Hari, Founder of Vanda Insights, says oil prices are likely to continue a slow and steady climb as the U. S. and Iran remain locked in a cycle of escalation around the Strait of Hormuz.

WorldBloomberg Markets1d ago

War-Tested Oil Traders Head for Singapore as New Risks Build

Global oil markets are showing fresh signs of strain after months of war, as conflict-weary traders, anxious buyers, and under-pressure executives huddle in Singapore for the region’s main industry gathering.

FinanceBloomberg Markets1d ago

Latest Oil Market News and Analysis for September 7

Oil climbed after the US attacked Iranian tankers and Tehran declared a new restricted zone outside the Strait of Hormuz, raising concerns about prolonged disruptions to energy flows through the waterway.

BusinessNYT Business1d ago

OPEC Plus to Keep Oil Production Steady

The decision on Sunday by the cartel of oil-producing nations and some of its allies came after the resumption of U. S. and Iranian military strikes in the Persian Gulf.