crude
Coverage of crude in the Nexus archive.
- TotalEnergies Profit Jumps 68% as War Upends Energy Markets
TotalEnergies SE reported a 68% increase in second-quarter profit driven by higher crude and refined product prices due to the Iran war, which offset reduced profits in its gas business.
- India Rate-Hike Odds Rise as Pricey Crude Stokes Inflation Risk
India's rate-hike odds are increasing due to costly crude oil raising inflation risks. The swap market is pricing in a 25-basis-point rate hike at the October meeting.
- Indian Rupee Rebound Bets Vanish as Soaring Crude Blunts Inflows
Rising oil prices have caused bets on capital inflows sustaining the Indian rupee's recovery to disappear. The article states that soaring crude prices are blunting the expected fresh capital inflows.
- Palm Slips from Month-High as Weak Crude Dents Biofuel Appeal
Palm oil prices fell from a near one-month high due to weakness in the crude and vegetable oil complex, reducing the appeal of biofuels.
- Palm Climbs to Near One-Month High as Iran Conflict Boosts Crude
Palm oil prices rose to a near one-month high, driven by renewed strength in crude and other vegetable oil prices. The increase follows escalating military strikes between the US and Iran.
- Is Hormuz open? Trump's toll threat intensifies rush to bypass the Strait altogether
Gulf producers are increasingly relying on alternative routes to keep crude moving as shipping disruptions expose the risks of depending on the Strait of Hormuz. Trump's toll threat intensifies the rush to bypass the Strait altogether.
- Palm Oil Advances as Crude Rally Boosts Outlook for Biofuels
Palm oil prices are rising due to a surge in crude oil prices, which is enhancing the outlook for biofuels. The connection between crude oil and biofuels is driving positive momentum for palm oil.
- Oil extends decline as Trump accuses oil firms of 'gouging' consumers
U.S. President Donald Trump pressured oil companies to lower gasoline prices after oil prices declined. Trump accused the firms of 'gouging' consumers.
- Trump ‘jawboning’ has masked a global oil-supply disaster, and the reality could mean $135 crude, says industry veteran
Dan Dicker, an author and former trader, claims President Trump’s rhetoric has obscured a global oil-supply crisis, with potential crude prices reaching $135. The article highlights concerns about the long-term market impact of Trump’s influence.
- Three Saudi-flagged supertankers sail through Hormuz after Iran deal signed, data shows
Three Saudi-flagged supertankers carrying six million barrels of crude sailed through the Strait of Hormuz hours after U.S. President Donald Trump signed a deal with Iran to end the conflict, marking the largest departures through the strait in weeks.