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U.S. Energy Secretary Wright: The daily crude oil data I provide includes both refined oil and crude oil.
2026-09-16
U.S. Energy Secretary Wright: The daily crude oil data I provide includes both refined oil and crude oil.
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2026-09-15
U.S. Treasury Secretary Bessenter reiterated the strength of the U.S. Treasury auctions.
U.S. Treasury Secretary Bessenter reiterated the strength of the U.S. Treasury auctions.
2026-09-16
U.S. Energy Secretary Chris Wright said Saudi Arabia’s East–West oil pipeline — shut after a drone attack by Iran-aligned militants — was a "brief, temporary interruption" and is expected to resume within days. Saudi suspended the line and boosted so
U.S. Energy Secretary Chris Wright said Saudi Arabia’s East–West oil pipeline — shut after a drone attack by Iran-aligned militants — was a "brief, temporary interruption" and is expected to resume within days. Saudi suspended the line and boosted some exports via the Strait of Hormuz to offset; the U.S. is providing support. Satellite imagery indicates a pump station may be severely damaged; Andy Lipow of Lipow Oil Associates said repair could take months based on public images. Kpler commodities head Matt Smith estimates a one-month closure could remove roughly 120 mln barrels of supply, assuming about 4.5 mln bpd affected and roughly 15 mln barrels of inventory at Jubail.
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