Petroleum & West Texas Intermediate
66 shared events · Importance 8 · Last updated Aug 24, 2026
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Business
Petroleum: Central commodity; prices expected to remain range-bound with bearish bias, trading around USD 79.80 per barrel.
West Texas Intermediate: Key benchmark; support at USD 76, resistance at USD 87-93.5, range USD 73-88.
Aug 03, 2026 · 6 articles
International
Petroleum: The price of Petroleum>>> has surged due to the conflict and the closure of the Strait of Hormuz>>>, directly impacting global energy markets and corporate costs.
West Texas Intermediate: West Texas Intermediate (WTI) crude prices have risen, mirroring the global trend in oil prices due to the Iran war.
May 05, 2026 · 374 articles
International
Petroleum: Petroleum prices jumped or tumbled due to developments in the U.S.-Iran conflict and concerns about inventory depletion.
West Texas Intermediate: West Texas Intermediate crude prices fluctuated significantly based on geopolitical developments.
May 26, 2026 · 6 articles
International
Petroleum: Prices retreated from war highs but supply disruptions persist, keeping markets volatile.
West Texas Intermediate: WTI crude has also risen to multi-week highs, reflecting the same supply concerns and impacting energy markets.
Mar 08, 2026 · 27 articles
Business
Petroleum: Petroleum inventories in the United States decreased more than expected, indicating higher demand or tighter supply, which typically supports Petroleum prices.
West Texas Intermediate: WTI price spreads tighten as Cushing inventories near floor; benchmark reflects supply tightness.
Jun 02, 2026 · 27 articles
International
Petroleum: Petroleum prices plunged following the ceasefire agreement and the temporary reopening of the Strait of Hormuz, after weeks of price increases due to the Middle East war.
West Texas Intermediate: West Texas Intermediate crude prices sank significantly due to the ceasefire and the expected reopening of the Strait of Hormuz.
Apr 07, 2026 · 79 articles
International
Petroleum: Prices retreated from war highs but supply disruptions persist, keeping markets volatile.
West Texas Intermediate: WTI has risen to three-week highs above $85, reflecting supply fears. Higher oil prices are a key market impact.
Jul 31, 2026 · 335 articles
International
Petroleum: The price of oil has been significantly impacted by the closure and subsequent partial reopening of the Strait of Hormuz. The easing of supply concerns due to increased traffic through the strait has led to oil prices falling to pre-war levels.
West Texas Intermediate: West Texas Intermediate (WTI) crude prices have also fallen to pre-war levels, reflecting the improved outlook for oil supply following the partial reopening of the Strait of Hormuz.
Apr 20, 2026 · 390 articles
International
Petroleum: The conflict and the closure of the Strait of Hormuz>>> have caused significant volatility and price increases for Petroleum>>>.
West Texas Intermediate: West Texas Intermediate crude prices have also been affected by the US-Iran conflict, experiencing volatility and price increases due to supply concerns related to the Strait of Hormuz.
May 07, 2026 · 362 articles
International
Petroleum: Petroleum>>> prices are directly affected by the progress of the peace talks, with optimism for a deal leading to a 6% fall. The reopening of the Strait of Hormuz>>> would further impact global Petroleum>>> supply and pricing.
West Texas Intermediate: The prospect of a peace deal between the United States>>> and Iran>>> has led to a significant drop in West Texas Intermediate>>> prices, indicating market relief over potential oil supply stability.
May 19, 2026 · 327 articles
International
Petroleum: The closure of the Strait of Hormuz has caused oil prices to skyrocket. The potential reopening of the strait and relaxation of sanctions on Iran's oil sales are expected to bring down oil prices.
West Texas Intermediate: West Texas Intermediate crude prices fell on hopes of a U.S.-Iran ceasefire extension, which could alleviate supply concerns and reduce upward price pressure.
May 27, 2026 · 101 articles
International
Petroleum: Petroleum prices have been significantly impacted by the conflict and the closure of the Strait of Hormuz. The interim deal's provisions for reopening the strait and allowing Iran to sell its oil freely are expected to increase global supply and lower prices, providing relief to consumers.
West Texas Intermediate: West Texas Intermediate crude prices fell significantly after the US and Iran signed an interim agreement, signaling increased oil supply and easing concerns about the Strait of Hormuz closure.
May 27, 2026 · 425 articles
International
Petroleum: Petroleum prices surged over 5% due to worries of renewed war and limited shipping through the Strait of Hormuz, directly impacting the global energy market.
West Texas Intermediate: West Texas Intermediate crude futures also saw a substantial increase in price, mirroring the impact on Brent crude due to the escalating conflict and supply concerns.
Jun 07, 2026 · 398 articles
International
Petroleum: Petroleum prices have surged due to the closure of the Strait of Hormuz and disruptions to global oil supplies. The commodity's volatility is a direct consequence of the ongoing conflict and negotiations.
West Texas Intermediate: West Texas Intermediate crude prices have risen significantly due to the disruption of oil shipments caused by the Strait of Hormuz standoff.
Apr 26, 2026 · 590 articles
International
Petroleum: Prices retreated from $118 to $85, but supply remains disrupted.
West Texas Intermediate: WTI prices also rose significantly, impacting US energy markets and consumers.
Apr 08, 2026 · 416 articles
International
Petroleum: Petroleum>>> prices initially fell after Iran>>>'s TV report of a deal but rebounded after news of new US strikes, indicating market sensitivity to geopolitical tensions in the Strait of Hormuz>>>. The conflict has sent global energy prices sharply higher.
West Texas Intermediate: West Texas Intermediate>>> crude prices have climbed as a result of the escalating conflict and supply concerns, reflecting the broader impact on global oil markets.
Apr 20, 2026 · 607 articles
International
Petroleum: The price of Petroleum has been significantly impacted by the conflict and the closure of the Strait of Hormuz. Hopes for a deal to reopen the strait have led to fluctuations in oil prices.
West Texas Intermediate: West Texas Intermediate crude prices fell on hopes of a U.S.-Iran ceasefire extension, which could alleviate supply concerns and reduce upward price pressure.
May 18, 2026 · 309 articles
Business
Petroleum: Petroleum prices surged due to Middle East tensions.
West Texas Intermediate: WTI crude oil prices fluctuated sharply due to geopolitical tensions, affecting energy costs and inflation expectations.
Jul 24, 2026 · 37 articles
International
Petroleum: Petroleum prices have been highly volatile due to the conflict and the closure of the Strait of Hormuz. The interim deal and the reopening of the Strait are expected to lead to a significant increase in oil supply, potentially causing a 'mini glut' in the short term and stabilizing prices, which is beneficial for importing nations like India.
West Texas Intermediate: US West Texas Intermediate crude futures also fell significantly, mirroring the market's reaction to the US-Iran interim deal and the improved global supply outlook.
Apr 20, 2026 · 302 articles
International
Petroleum: Oil prices rose above $86 per barrel due to the strait closure, impacting global energy markets.
West Texas Intermediate: WTI crude rose to $84.68, reflecting supply disruption fears.
Apr 20, 2026 · 480 articles
International
Petroleum: Petroleum is directly impacted by the strait's closure and attacks on infrastructure. The potential reopening could ease supply concerns, but ongoing attacks support prices.
West Texas Intermediate: WTI prices are elevated due to the Hormuz closure, impacting inflation and markets.
Jun 16, 2026 · 349 articles
International
Petroleum: Petroleum>>>s have risen due to Iran>>>'s chokehold on the Strait of Hormuz and the ongoing conflict, but eased slightly after the second round of United States>>> airstrikes.
West Texas Intermediate: West Texas Intermediate>>> crude oil prices have surged due to the intensifying Middle East conflict and the continued closure of the Strait of Hormuz>>>, reflecting tightening global energy supplies.
May 18, 2026 · 316 articles
International
Petroleum: Petroleum prices are directly affected by the status of the Strait of Hormuz and the progress of peace talks, with potential for significant price drops if the strait reopens and supply concerns ease.
West Texas Intermediate: West Texas Intermediate>>> prices have fallen on hopes of a peace deal, reflecting the market's expectation of increased oil supply.
May 02, 2026 · 472 articles
International
Petroleum: Sanctions on Petroleum>>>, gas, and petrochemicals are expected to be temporarily lifted during the negotiation period, allowing Iran>>> to sell its products freely, which would affect global energy markets.
West Texas Intermediate: West Texas Intermediate>>> crude prices have spiked due to the conflict and the effective shuttering of the Strait of Hormuz>>>, reflecting the market's reaction to supply concerns.
Jun 03, 2026 · 17 articles
International
Petroleum: Oil prices volatile due to strait disruptions; about a fifth of traded oil passes through.
West Texas Intermediate: WTI prices have also risen sharply, reflecting the impact of the conflict on US oil markets.
Mar 09, 2018 · 488 articles
International
Petroleum: Oil prices are sensitive to Hormuz disruptions; the conflict risks supply shortages and price spikes.
West Texas Intermediate: WTI crude rose over 4% to above $74 per barrel, driven by supply fears from the Strait of Hormuz closure.
Apr 20, 2026 · 572 articles
unfocused
Petroleum: Petroleum prices swung due to geopolitical tensions and hopes for a deal to reopen the Strait of Hormuz, impacting inflation and market sentiment.
West Texas Intermediate: U.S. benchmark crude oil advanced $1.10, reflecting the general increase in oil prices.
May 19, 2026 · 199 articles
International
Petroleum: Petroleum is the key commodity affected, with prices elevated due to the strait's closure. Iran's control could keep prices high, impacting global economies.
West Texas Intermediate: WTI prices are also affected by the Hormuz situation, moving in tandem with Brent.
Mar 09, 2018 · 316 articles
International
Petroleum: Petroleum>>> prices fell by about 3% on hopes that a Lebanon>>> ceasefire could lead to a diplomatic resolution to the war between United States>>> and Iran>>>. The ongoing conflict and closure of the Strait of Hormuz>>> directly impact Petroleum>>> markets.
West Texas Intermediate: West Texas Intermediate>>> crude prices fell after the ceasefire agreement, driven by expectations that a wider peace deal involving Iran>>> could lead to the reopening of the Strait of Hormuz, easing supply concerns.
Jun 01, 2026 · 269 articles
Regulatory
Petroleum: The export duties on Petroleum products, including petrol, diesel, and aviation turbine fuel, have been revised by India, directly impacting their international trade.
West Texas Intermediate: West Texas Intermediate>>> fell nearly 2% to settle around $87 a barrel, indicating easing global energy market concerns.
May 29, 2026 · 40 articles
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