Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensionsOil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks ar...
Oil Price Today (July 31): Crude oil extends fall to $88. What’s behind the decline amid Iran war?Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Ad...
Global Market Today: Asian stocks rise on Korean rally, yen holds gainsAsian stocks advanced as chip shares revived artificial intelligence trade confidence. South Korea's Kospi Index surged over fourteen perce...
Oil Price Today (July 30): Crude oil dips below $90 after 8% surge on Wednesday. Here’s whyBrent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to ...
Oil prices slip as tankers continue to ply Middle East conflict zonesOil prices saw a decline as tankers continued to move out of the Middle East. Escalating tensions and expanded conflict fronts are impactin...
Brent crude jumps 7%, climbs over $90 on escalating Middle East strikesOil prices surged significantly amid renewed Middle East airstrikes and supply concerns. U.S. crude inventories dropped to a multi-year low...
Oil Price Today (July 29): Crude oil jumps 5% as US intercepts Iranian 'surprise attack’. Big rally ahead?Brent crude jumped 5% to around $88 a barrel, recovering after its biggest three-day decline since April 2020. The U.S. West Texas Intermed...
Oil prices rebound by more than $2 a barrel on prospect of tightening US crude suppliesOil prices increased significantly on Wednesday due to declining U.S. crude inventories. OPEC+ is expected to halt output increases startin...
Oil Price Today (July 28): Crude oil dips 10% in two sessions as US, Iran mull peace talks. What are experts saying?Brent crude futures were down $0.78, or 1%, at $88 a barrel, while US West Texas Intermediate crude fell $0.88, or 1.1%, to $82. Both bench...
Oil prices fall 1% as investors weigh pause in US strikes on IranOil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Midd...
Oil slips 5% after US, Iran pause fighting over weekendOil prices experienced a significant five percent decline on Monday. This drop occurred after the United States and Iran paused strikes ove...
Oil falls on report of China pushing for end of US-Iran warCrude oil futures prices experienced a significant drop on Friday. Hopes for renewed peace talks between the United States and Iran emerged...
Crude oil prices rise 10% this week but China enters fray to push for end to Iran war. What’s next?Crude oil futures experienced a significant decline on Friday. This drop followed reports of China's initiative to restart stalled US-Iran ...
Meta quits clean energy pledge amid gas-powered data center pushThe departure comes amid a frenzied data centre buildout by leading tech companies. Meta has struck deals paying utilities to bring new nat...
Oil set for weekly rise amid Red Sea shipping attacks, Kazakhstan output cutsOil prices are poised for weekly gains amid Red Sea shipping concerns. Houthi attacks on tankers have raised fears about a key shipping rou...
Oil prices rise to six-week high as US-Iran tensions escalateOil prices climbed to a six-week high on Thursday. This surge followed new United States strikes on Iran and Houthi attacks. Iran's Revolut...
Oil prices dip as mediation efforts offset US-Iran strikesOil prices softened on Tuesday as markets weighed mediation efforts. Fresh attacks between the United States and Iran also influenced marke...