Oil prices eased on Wednesday as markets weighed uncertainty over US–Iran ceasefire talks, despite an extension announced by Donald Trump. Brent crude fell 0.3 per cent to $98.16 per barrel, while West Texas Intermediate dropped 0.6 per cent to (...)
Oil prices fell over $1 on Tuesday, reversing Monday's rally, as expectations of US-Iran peace talks this week raised prospects of increased Middle East supply.
Brent crude dropped 1.1 per cent to $94.44 a barrel, while US West Texas Intermediate (...)
Global oil prices surged more than 5 per cent on Monday as tensions between the United States and Iran escalated, raising fears that a fragile ceasefire could collapse following the US seizure of an Iranian cargo ship and continued disruption in the (...)
Oil and European natural gas prices surged after Tehran re-closed the Strait of Hormuz and fired on vessels following the US Navy's seizure of an Iranian ship, halting all shipping traffic through the vital energy corridor.
The turbulent weekend (...)
Oil prices held broadly steady on Thursday, reversing earlier losses as investor scepticism over potential US–Iran peace talks offset market pressure from supply disruptions.
Brent crude edged down by 26 cents to $94.67 a barrel at 0611 GMT, while (...)
Oil prices extended losses for a second day on Wednesday as expectations of renewed US–Iran peace talks eased supply concerns tied to disruptions in the Strait of Hormuz.
Brent crude fell 0.2 per cent to $94.63 a barrel after dropping 4.6 per cent (...)
Oil prices fell on Tuesday as signs of potential talks to end the US-Israeli conflict with Iran eased supply concerns tied to disruptions in the Strait of Hormuz.
Brent crude slipped 0.6 per cent to $98.74 a barrel, while US West Texas Intermediate (...)
Oil prices surged on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns about restricted flows through the Strait of Hormuz. Brent crude rose $3.69, or 3.9 per cent, to $98.44 a barrel, while US West Texas Intermediate (...)
Oil prices plunged below $100 per barrel on Wednesday after Donald Trump said he had agreed to a two-week ceasefire with Iran, conditional on the immediate and safe reopening of the Strait of Hormuz.
Brent crude fell $16.32, or 14.9 per cent, to (...)
Oil prices extended gains on Tuesday as escalating tensions between the United States and Iran raised concerns over supply disruptions through the Strait of Hormuz, a critical route for about a fifth of global oil shipments.
Brent crude futures rose (...)
Oil prices held broadly steady in volatile trading on Monday as markets awaited clarity on US–Iran talks and weighed ongoing supply risks from shipping disruptions in the Strait of Hormuz.
Brent crude rose 0.7 per cent to $109.79 a barrel, while US (...)
Global oil prices fell more than 3 per cent on Wednesday, reversing earlier gains as uncertainty over the Middle East conflict unsettled markets despite indications that the US-Israeli war with Iran could ease.
Brent crude for June dropped $3.33, or (...)
Oil prices were little changed on Tuesday as markets weighed signs that Donald Trump may end the Iran war against ongoing supply risks from the closure of the Strait of Hormuz, which carries about a fifth of global oil flows.
Brent crude for May (...)
Global oil prices are on track to record their strongest monthly gain ever as US President Donald Trump indicated he is considering an exit from the war in Iran, even as hostilities continued to disrupt supplies in the Arabian Gulf.
Brent crude for (...)
Brent crude surged as much as 3.7% to $116.75 a barrel on Monday after Iran-backed Houthi militants fired missiles and drones at Israel over the weekend and Washington ordered thousands of additional troops to the Middle East, deepening supply fears (...)
South Korea is weighing an extension of driving restrictions to the general public if crude oil prices surpass $120 per barrel, Finance Minister Choo Kyung-ho said on Sunday, a measure that would mark the country's most severe civilian (...)
Oil prices jumped on Monday, with Brent crude climbing above $115 a barrel, as escalating tensions in the Middle East heightened concerns over global supply disruptions.
The spike followed weekend missile attacks by Yemen's Iran-aligned Houthi group (...)
Two container ships bearing the red star of Cosco Shipping Corp edged toward the mouth of the Persian Gulf on Friday. They nearly made it. Then, without warning, both vessels swung sharply northward in waters off the Iranian coast and turned back — (...)
Oil prices rose by more than $1 per barrel on Thursday, recovering from the previous session's losses as concerns over prolonged Middle East conflict continued to threaten global supply.
Brent crude increased 1.61 per cent to $103.87 per barrel, (...)
Iran has begun charging some commercial vessels up to $2m per trip to transit the Strait of Hormuz, Bloomberg reported, citing people familiar with the matter, effectively imposing an informal toll on the world's most critical energy chokepoint.
The (...)
Oil prices rose about 4 per cent on Tuesday, with Brent reaching $103.94 per barrel and US West Texas Intermediate at $91.62, as supply fears intensified amid conflicting signals over potential de-escalation in the Gulf conflict.
Prices rebounded (...)
كشفت تقارير أجنبية، عن رحيل النجم العالمي تشاك نوريس، بطل فنون الدفاع عن النفس الذي أصبح نجمًا سينمائيًا أيقونة في أفلام الحركة، وبطل المسلسل الشهير 'Walker, Texas Ranger، عن عمر ناهز 86 عامًا.
ووفقاً لتقرير نشرته صحيفة فاريتي، كان نوريس قد نُقل إلى (...)
Oil prices fell on Wednesday as Iraq resumed crude exports from the Kirkuk oil fields to Turkey's Ceyhan port via pipeline, easing supply concerns in global markets despite ongoing Middle East tensions.
Brent crude dropped $1.51, or 1.46 per cent, (...)
Oil prices rose around 3 per cent on Tuesday, recovering part of the previous session's losses as supply concerns intensified following disruptions at the Strait of Hormuz amid the ongoing US-Israeli war on Iran.
Brent crude increased by 3.1 per (...)
Global oil prices rose on Monday as investor focus returned to risks facing Middle East energy facilities despite US President Donald Trump's call for countries to help secure the Strait of Hormuz, a key route for global oil shipments.
Brent crude (...)