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Oil Holds Decline With Focus on Iran Negotiations, Hormuz Flows

Oil was steady after its biggest drop in a week, as President Donald Trump said his latest offer of talks is Tehran’s “last chance” and that he expects a full reopening of the Strait of Hormuz.

We haven't written up this one. Financial Post has the full story — the link below goes straight to it.

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Big Oil Warns Global Fuel Stocks Are Running Dangerously Low

The world is running short on fuels—the warning was first issued by some analysts who were watching the physical market rather than futures charts.

  • Global fuel stocks dangerously low, prompting major oil company warnings
  • Shell, Exxon, Chevron say prices high despite crude oil price changes
  • War, export restrictions, high utilization rates cause supply crunch

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