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U.S. EIA crude oil inventories for the week ending July 31 were 2.479 million barrels, compared to an expected decrease of 1.506 million barrels and a previous decrease of 7.167 million barrels.

2026-08-05

U.S. EIA crude oil inventories for the week ending July 31 were 2.479 million barrels, compared to an expected decrease of 1.506 million barrels and a previous decrease of 7.167 million barrels.

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2026-08-06

Iran’s deputy foreign minister said on Wednesday Tehran is not negotiating with the United States over the Strait of Hormuz, calling US claims that talks are underway incorrect. He said Iran has received US communications indicating Washington is pre

Iran’s deputy foreign minister said on Wednesday Tehran is not negotiating with the United States over the Strait of Hormuz, calling US claims that talks are underway incorrect. He said Iran has received US communications indicating Washington is prepared to resume prior commitments, but Tehran has not decided whether to enter a second phase that would implement any US‑Iran memorandum of understanding. Earlier on Wednesday President Trump said the Strait would reopen “soon” or he would launch a new round of strikes, saying “very good discussions” were underway and warning he would resume military action if Iran reneged.
2026-08-05

U.S. EIA crude oil production for the week ending July 31 was -183,000 barrels per day, compared to 271,000 barrels per day in the previous week.

U.S. EIA crude oil production for the week ending July 31 was -183,000 barrels per day, compared to 271,000 barrels per day in the previous week.
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