Investment
Features
FeesSafety
Academy
More
Pluang+

US crude stocks drop sharply amid rising global supply and shipping risks near Hormuz Strait.

Market News
15 Oct 2026
FXEmpire
View Source
Neutral
US crude stocks drop sharply amid rising global supply and shipping risks near Hormuz Strait.

U.S. crude oil inventories fell by 11.1 million barrels last week, tightening supply amid strong refinery activity and exports. However, global supply improvements, including increased Russian production and Middle Eastern exports, are tempering bullish sentiment. Shipping risks remain elevated near the Strait of Hormuz after attacks on commercial vessels, while OPEC+ production rose in September, mainly from Saudi Arabia. Natural gas storage in the U.S. is slightly above average, but LNG supply remains tight, with delays in Qatari deliveries pushing reliance on U.S. LNG. Technical analysis shows WTI crude holding support around $93.59, with potential upside if resistance levels are broken, while Brent crude faces bearish pressure below $105.85 but may see short-term bounces.

U.S. crude oil and natural gas market conditions are highlighted by a 1-day change of -7.73% in Denison Mines Corp shares, with Pluang order activity showing 100% sell and a typical hold time of 4 days. For readers following energy sector stocks on Pluang, here is the market snapshot as of Oct 15, 2026 11:21 WIB: out of 79 priced energy-sector US stocks, 22 rose and 56 fell today. Other notable movers include Solaredge Technologies Inc at USD 30.11 with a -7.44% change and 74% buy activity, and Uranium Energy Corp at USD 7.67 with a -7.03% change and nearly balanced buy-sell activity.

More News

Wolters Kluwer repurchases 1,103 shares for €0.1M as part of its €500M 2026 buyback program

Wolters Kluwer repurchases 1,103 shares for €0.1M as part of its €500M 2026 buyback program

Wolters Kluwer repurchased 1,103 of its ordinary shares between October 8 and October 14, 2026, spending €0.1 million at an average price of €77.88 per share. This buyback is part of a larger €500 million program announced in February 2026, with a to...

Company Fundamentals
Neutral
13 minutes ago
Coro and Activa Digital partner to offer unified AI-driven cybersecurity for lean IT teams.

Coro and Activa Digital partner to offer unified AI-driven cybersecurity for lean IT teams.

Coro, a workspace cybersecurity platform designed for organizations with small IT teams, has partnered with Activa Digital, an Italian managed service provider, to deliver Coro's unified cybersecurity platform to Activa's customers. This partnership ...

Market News
Bullish
1 hour ago
Mowi insider's 6,002 shares sold by error during account closure

Mowi insider's 6,002 shares sold by error during account closure

Mowi ASA reported that Øyvind Oaland, a primary insider, had 6,002 shares sold mistakenly at NOK 204.40 due to an error linked to closing his securities trading account. This sale was unintentional and is disclosed under Norwegian securities regulati...

Market News
Neutral
1 hour ago
Coro and Activa Digital partner to offer unified cybersecurity for shared workspaces in Italy.

Coro and Activa Digital partner to offer unified cybersecurity for shared workspaces in Italy.

Coro, a leading cybersecurity platform provider, has partnered with Italian managed service provider Activa Digital to deliver Coro's unified cybersecurity platform to Activa's clients. This collaboration addresses the growing need for simplified, co...

Market News
Bullish
1 hour ago
Sigenergy launches smart energy solutions in Sri Lanka, boosting clean energy transition.

Sigenergy launches smart energy solutions in Sri Lanka, boosting clean energy transition.

Sigenergy officially launched its brand in Sri Lanka, focusing on advancing the country's clean energy transition with smart energy technologies. The event featured key industry leaders and highlighted Sigenergy's innovative products like the SigenSt...

Market News
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App