WTI News

Saudi Arabia Oil Exports Surge 19.5% in May, Reversing Earlier OPEC+ Production Restraint

Saudi Arabia's crude oil exports jumped 19.5% in May as OPEC+ progressively unwinds its voluntary production cuts, adding supply pressure to markets already contending with soft Chinese demand.

Jul 27, 2026

Oil Prices Surge as US Strikes on Iran Disrupt Middle East Supply Calculus

Jul 23, 2026

WTI Crude Surges 3% on US-Iran Military Escalation, Lifting Energy Stocks and Commodity Funds

West Texas Intermediate crude oil surged approximately 3 per cent on July 14 as US-Iran military clashes raised supply disruption fears, benefiting US-listed energy companies and commodity-focused investment funds exposed to higher oil prices.

Jul 15, 2026

Oil Slides Below $70 as Accelerating Hormuz Transits Overwhelm Thursday Cargo Attack

Oil prices fell below $70 after Strait of Hormuz ship transits accelerated, outweighing a cargo ship attack

Jun 26, 2026

WTI Crude Retreats to $70.30 as Middle East Supply Surge Reverses Prior-Day Gains

WTI crude oil fell to ~$70.30/barrel after pulling back from over 2% gains in the previous session

Jun 26, 2026