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crude oil



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Front-month WTI crude oil futures decline 0.7% to $88.31 per barrel; front-month Brent crude oil futures drop 0.4% to $93.37 a barrel.

From The Wall Street Journal • May 29, 2026

When the Iran war first broke out on Feb. 28, traders rushed to trade perpetuals tied to crude oil over that weekend, as traditional financial markets were closed.

From MarketWatch • May 29, 2026

With energy shipments still blocked from the closure of the Strait of Hormuz, ANZ Research chief economist Sanjay Mathur points to reduced crude oil volumes for the decline in factory activity data.

From The Wall Street Journal • May 29, 2026

Steep drawdowns in recent weeks from the Strategic Petroleum Reserve, the federal government’s emergency supply of crude oil, have rattled some economists and investors.

From MarketWatch • May 28, 2026

The U.S. customs office was kept busy inspecting oil tankers from the Middle East which supplied crude oil to the refinery at Hess Oil.

From "Hole in My Life" by Jack Gantos




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