HeyJaredM. Gindis
- Indexed articles, last 90 days
- 25
- Latest publication
- Sep 28, 2026
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- Jul 8, 2026
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Oil Edges Higher as Supply Tightens (opens the original)
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Oil ticked higher as strong demand for physical barrels collided with easing supply disruptions in the Middle East and progress toward reopening the Strait of Hormuz, though repeated false starts have left traders skeptical. West Texas Intermediate futures settled below $93 a barrel on a day of choppy trading, after rising by as much as 4.5% during the session. US President Donald Trump is willing to give Iran sanctions relief and release frozen funds for concrete progress on the nuclear issue,
Oil Falls on Signs of Iran Progress (opens the original)
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Oil fell on tentative signs that talks between the US and Iran to reopen the world's most important energy shipping route were progressing. West Texas Intermediate futures fell about 2.3% to settle near $92 a barrel, notching its first weekly drop since late August, as traders increasingly expect that the negotiations will be productive. The two countries were said to be pushing for a breakthrough that would see Tehran reopen the Strait of Hormuz and Washington lift its blockade of Iranian ports
Crude Gains on Tight Supply Signals (opens the original)
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Oil rose as signs of tightness across several key market gauges outweighed indications of diplomatic progress toward reopening the critical Strait of Hormuz. Brent futures settled near $107 a barrel, after climbing as much as 5% during the session. Prices initially rallied on hawkish rhetoric from Iran before easing, with US and Iranian negotiators exploring a phased deal that would see Tehran reopen the energy chokepoint and Washington lift its economic blockade of the Islamic Republic's ports.
Oil Dips as Saudi Pipeline Restarts (opens the original)
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Oil dipped as Saudi Arabia sought to resume flows on a vital pipeline, while traders parsed clues on the trajectory of the US-Iran war and progress toward reopening the Strait of Hormuz. Brent edged 1.1% lower to settle near $99 a barrel. The kingdom was in the early stages of starting up the East-West oil pipeline that was halted following drone attacks earlier this month. The country is aiming to restore exports via the line later this week, offering some relief to a market that's been extra s
Oil Climbs Amid Saudi Pipeline Halt (opens the original)
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Oil rose, with fears of a tightening market after Saudi Arabia closed a major crude pipeline pitted against signs that the US may still be seeking a diplomatic resolution with Iran. Brent edged 1% higher to settle below $106 a barrel, after earlier rising as much as 5%, while West Texas Intermediate was around $101. The commodity initially rallied on the halt of the kingdom's East-West pipeline, which has the capacity to carry about 7 million barrels a day to the Yanbu hub on the Red Sea that ha
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