August WTI crude oil (CLQ26 ) on Monday closed up +0.74 (+0.90%), and August RBOB gasoline (RBQ26 ) closed down -0.0037 (-0.11%). Crude oil and gasoline prices settled mixed on Monday, with crude oil rallying to a 5-week high amid the escalation of hostilities between the US and Iran,

Analysts at the investment bank, led by Daan Struyven, see oil prices averaging $100 a barrel next year if traffic continues to be affected through the waterway.

Brent crude oil prices exceed $90 amid rising Iran War tensions. New all-time high by December 31 at 15.5% YES.

The dollar index (DXY00 ) rose by +0.18% on Monday. The dollar strengthened on Monday as escalation of hostilities between the US and Iran is boosting crude oil prices, which raises inflation expectations that could prompt the Fed to tighten monetary policy,

Michelle Brouhard, Head of Policy and Geopolitical Risk at Kpler, says oil prices could climb above $100 a barrel if both the Red Sea and the Strait of Hormuz are closed. She adds there have been bottlenecks forming in refined oil product shipments,

Indian rupee steady but under pressure from high crude oil prices, cautious investor sentiment. RBI intervention suspected. Geopolitical risks add to volatility

Refinery stocks like Marathon Petroleum and Valero have delivered gains that crush the S&P 500 this year, and crude oil prices have almost nothing to do with it. One obscure industry metric explains everything,

Benchmark crude oil is petroleum that serves as a pricing reference, establishing standards for comparison for varieties of crude oil.

American forces have started the ninth consecutive night of strikes against Iranian targets.