West Texas Intermediate & Petroleum
27 shared events · Importance 11 · Last updated May 09, 2026
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International
West Texas Intermediate: Benchmark U.S. crude (West Texas Intermediate) prices also rose sharply, reflecting the global energy shock from the Iran war.
Petroleum: The price of Petroleum has surged due to the Iran war, directly impacting gasoline, diesel, and jet fuel prices globally.
Apr 15, 2026 · 59 articles
International
West Texas Intermediate: West Texas Intermediate crude oil prices have increased following the United States' decision to blockade Iranian ports, indicating market anxiety over potential supply shortages.
Petroleum: Petroleum prices have surged above $100 per barrel due to the Iran war and the closure of the Strait of Hormuz, leading to higher costs across multiple sectors.
Apr 08, 2026 · 307 articles
International
West Texas Intermediate: West Texas Intermediate crude prices sank significantly due to the ceasefire and the expected reopening of the Strait of Hormuz.
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.
Apr 07, 2026 · 79 articles
International
West Texas Intermediate: West Texas Intermediate crude prices have seen volatility due to the Iran war and supply constraints, with the United Arab Emirates' departure from OPEC potentially influencing future price dynamics.
Petroleum: The withdrawal of United Arab Emirates from OPEC could lead to increased supply of Petroleum in the medium term, potentially putting downward pressure on prices, though short-term effects are uncertain due to geopolitical tensions.
Apr 28, 2026 · 222 articles
International
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.
Petroleum: Global petroleum shipments are severely disrupted by the standoff in the Strait of Hormuz, leading to increased prices and economic fallout.
Apr 26, 2026 · 104 articles
International
West Texas Intermediate: West Texas Intermediate crude prices have been highly volatile due to the conflict and the Strait of Hormuz blockade, reflecting market uncertainty and supply disruptions.
Petroleum: Petroleum has surged due to the closure of the Strait of Hormuz, reflecting the severe shock to global energy supplies. Its volatility is directly tied to developments in the conflict.
Apr 11, 2026 · 283 articles
International
West Texas Intermediate: West Texas Intermediate oil prices extended losses and dipped below $100 a barrel, indicating a positive market reaction to the de-escalation efforts.
Petroleum: US crude oil futures fell below $100 per barrel after the announcement of a pause in 'Project Freedom', reflecting market reaction to potential de-escalation in the Strait of Hormuz conflict.
May 06, 2026 · 31 articles
International
West Texas Intermediate: The price of West Texas Intermediate (US-traded crude) rose by 2.3% to $97 due to concerns over military action in the Strait of Hormuz, a critical trade route for oil and gas.
Petroleum: The conflict and blockade of Iranian ports directly impact the trade and supply of Petroleum, particularly through the Strait of Hormuz.
Apr 22, 2026 · 36 articles
International
West Texas Intermediate: West Texas Intermediate crude futures rose due to renewed fighting and tensions in the Strait of Hormuz, reflecting market concerns over oil supply disruptions.
Petroleum: Petroleum prices fell due to hopes of a deal to reopen the Strait of Hormuz, directly impacting global energy markets.
May 04, 2026 · 139 articles
International
West Texas Intermediate: US West Texas Intermediate for May fell due to expectations that US-Iran peace talks would resume, indicating a positive market reaction to potential de-escalation.
Petroleum: The conflict and the closure of the Strait of Hormuz have significantly impacted global petroleum supplies and prices, leading to market volatility.
Apr 08, 2026 · 702 articles
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