Apps

OPEC Cuts Oil-Demand Growth Forecast to 380,000 Bpd

Elena Vasquez · 2026-09-10T23:20:16.797Z

With oil prices stuck above 100 dollars these lower demand numbers will keep fuel costs high for drivers and businesses.

Finance

U.S.-Iran Hostilities Send Oil Above $100

Oil prices rose toward $97 a barrel on renewed US–Iran strikes and restrictions near the Strait of Hormuz, keeping markets wary of persistent supply disruptions with Brent around $96.80 and WTI near $92.14, while gold slipped as stronger US jobs data boosted the odds of a Federal Reserve rate hike. The turmoil has fed volatility across global energy markets and implications for energy-dependent economies and consumers.

775 sources

Finance

Oil Tops $100 as Middle East Risks Grow

Global oil markets remain under pressure from Middle East disruptions, with Brent hovering around $100 as Hormuz and Saudi facility issues tighten supply, fueling inflation risks and prompting cautious policy stances. Analysts warn equities could correct as energy risks mount and think tanks highlight the volatile transition and potential macro-financial spillovers from producer fragility.

167 sources

World

US disables two Iranian tankers, destroys third after Iran targets warships

Iran’s IRGC and IRGC Navy say they struck three oil tankers and three US vessels in retaliation for American strikes, while the United States CENTCOM confirms targeting three IRGC tankers and vows to impose higher costs if attacks continue. The incidents center on the Strait of Hormuz and follow sanctions actions, with both sides warning of intensified measures and broader risks to shipping in the region.

111 sources

OPEC Cuts Oil-Demand Growth Forecast to 380,000 Bpd

Claim check

Where do you land?

Coverage

Comments (3)

More on this story

U.S.-Iran Hostilities Send Oil Above $100

Oil Tops $100 as Middle East Risks Grow

US disables two Iranian tankers, destroys third after Iran targets warships