Oil prices are up 13% in a week - and could head for more than $100 a barrel
West Texas Intermediate and Brent crude both saw their largest one-week percentage gains in months.
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Gas Prices Will Stay Higher for Longer, Even if Oil Falls
Refining capacity is strained, and fuel markets don't have much of a buffer.
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Chevron Will Explore Creating Strait of Hormuz Alternative for Iraqi Oil
The U.S. energy producer is looking at investing in oil fields and a pipeline to boost Iraq's oil exports.
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Sharp Drop in Diesel Supplies Threatens to Rev Up Inflation Again
Truckers and farmers are facing a supply crunch that is pushing prices higher.
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Oil is facing a supply crunch - and the war in Iran isn't the only problem
Constraints on Russia's refining system have added to the existing crisis, strategists at J.P. Morgan said.
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Energy & Utilities Roundup: Market Talk
Find insight on oil futures, Constellation Energy, SSE and more in the latest Market Talks covering energy and utilities.
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TotalEnergies Expects Earnings Boost From War-Fueled Price Rally
TotalEnergies expects second-quarter results to receive a boost from the extended rally in energy prices prompted by the Middle East conflict, and for income from liquefied natural gas to fall sharply.
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U.S. Crude Oil Stockpiles Post Weekly Withdrawal
Commercial crude oil stocks fell by 1.7 million barrels last week. Analysts expected crude stocks to decline by 900,000 barrels.
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China's Crude Buying Pause Has Helped Cushion the Market. That Might Be Changing.
A prolonged slump in China's crude buying might be nearing an end, removing a key cushion for the global oil market just as renewed U.S.-Iran tensions put Gulf supplies at risk once again, according to some market watchers.
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Europe's Scramble for Gas Ahead of Winter Gets Harder
The Strait of Hormuz used to carry around 20% of global liquefied natural gas flows, while Iranian attacks have wiped out 17% of Qatar's LNG export capacity.
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IMF Sees Reduced Cushion Against Oil Disruption for Global Economy
The global economy has less capacity to cushion the blow from a reduction in energy supplies moving through the Strait of Hormuz as the U.S. and Iran resume hostilities, the International Monetary Fund said.
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BP Sees Further Oil-Trading Gains as Iran Conflict Fuels Volatility
Quarterly reported upstream production is expected to range from 2.17 million to 2.22 million barrels of oil equivalent a day, compared with 2.34 million barrels of oil equivalent a day in the first quarter.
(END) Dow Jones Newswires
July 17, 2026 11:00 ET (15:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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