2026
Oil Edges Lower After Six-Day Gain With Hormuz Impasse in Focus
Oil took a breather after a six-session gain, with futures edging lower as traders waited for signs of progress on reopening the Strait of Hormuz.
Oil Wavers as Stockpiles Rise With Focus on Hormuz Deal Progress
Oil swung between gains and losses as traders parsed a barrage of data from leading energy forecasters amid little sign of a breakthrough between Iran and the US over the Strait of Hormuz.
Nigeria Offers Deepwater-Oil Tax Breaks to Lure $50 Billion
Nigeria announced sweeping tax incentives to attract as much as $50 billion of investment in deepwater-oil and gas projects and revive capital-intensive projects that have stalled for decades.
