(Bloomberg) -- Oil edged higher as traders weighed signs the US and Iran may extend a ceasefire against a double blockade of the Strait of Hormuz that continues to impede flows.West Texas Intermediate rose 3.7% to settle below $95 a barrel, while Brent closed near $99. Washington and Tehran are considering a two-week ceasefire extension to allow more time to negotiate a peace deal, according to a person familiar with the matter. US President Donald Trump said prospects for securing a deal with I
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
53last 24h
976last 7d
109● bullish (7d)
121● bearish (7d)
212publishers
Bloomberg156d agoneutral
Oil Rises With Hormuz Still Shut as US, Iran Mull Longer TruceThe Wall Street Journal156d agoneutral
Fire Damages Part of Viva Energy’s Geelong RefineryA major fire engulfed part of Viva Energy’s oil refinery in Geelong, heightening concerns around the supply of oil products in Australia at a time when availability has been stretched by the conflict in the Middle East.