Why are oil prices down today, and will Brent futures and US WTI crude prices continue to fall or rise again? Iran-US talks, Strait of Hormuz recovery and US inventory data keep crude market under focusOil prices declined as investors watched Iran-US talks, the recovery of shipping through the Strait of Hormuz, and upcoming US inventory da...
01 Jul, 2026, 05.56 PM IST
Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...
27 Jun, 2026, 09.24 AM IST
Oil nears two-month lows on reports of imminent US-Iran peace dealOil prices dropped significantly, reaching their lowest point in nearly two months as U.S. and Iranian officials indicated a potential agre...
13 Jun, 2026, 11.28 AM IST
Oil jumps over 1% on US storm disruption, Kazakh oilfield's slow restartOil prices jumped over 1% on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast, with t...
27 Jan, 2026, 08.13 PM IST
Gulf coast of the United States oil refineries disrupted by massive winter storm, check weather forecast, impact on stocks, pricesGulf coast of the United States: The extreme temperatures and prolonged cold will bring risks of hypothermia and frostbite, forecasters war...
27 Jan, 2026, 07.34 PM IST
Oil prices fall with expected low demand, upcoming supply boostOil prices declined as traders anticipated weaker U.S. demand after Labor Day and a potential supply increase from OPEC+ this autumn. Marke...
30 Aug, 2025, 09.48 AM IST
Oil dips in choppy trade amid China economic concerns, Middle East tensionsOil prices dipped on Monday in choppy trade as China's ailing property sector sparked demand worries, while rising tensions over the weeken...
29 Jan, 2024, 09.28 PM IST
Oil down as traders assess mixed signals on supplyOil prices fell on Tuesday, handing back some of the previous day's gains, as traders weighed rising crude supply in Libya and Norway again...
23 Jan, 2024, 09.46 PM IST
Oil eases ahead of Christmas break on possible future Angola output increaseMore maritime carriers are avoiding the Red Sea due to attacks on vessels carried out by the Houthi militant group, which says it is respon...
23 Dec, 2023, 10.54 AM IST
Oil jumps more than 3% on Red Sea tanker attack, reroutingsA Norwegian-owned vessel was attacked in the Red Sea on Monday and oil major BP said it has temporarily paused all transits through the bod...
18 Dec, 2023, 09.20 PM IST
Oil prices extend gains towards $95 on tight supplyBrent and WTI have climbed for three consecutive weeks to touch their highest since November and are on track for their biggest quarterly i...
18 Sep, 2023, 06.51 PM IST
Oil climbs, fuelled by tighter supplies, China stimulusOil prices rose on Friday as evidence of tightening supplies and economic stimulus in slow-recovering China buoyed the market. Brent future...
21 Jul, 2023, 05.39 PM IST
Oil hits new high near $75 on demand rise, falling inventoriesThe American Petroleum Institute reported US crude inventories fell 8.5 million barrels, two market sources said, more than analysts foreca...
16 Jun, 2021, 04.07 PM IST
Crude oil steady near $70 on hopes of recovering demandFront-month Brent is on track to post weekly gains for the eighth week after touching a 13-month high on Monday following attacks on Saudi ...
12 Mar, 2021, 04.38 PM IST
Oil drops on dollar strength and OPEC+ supply expectationsBrent crude futures for April, which expire on Friday, fell 69 cents, or 1%, to $66.19 a barrel by 1442 GMT. The more actively traded May c...
26 Feb, 2021, 11.01 PM IST
Oil hits highest levels since Feb 2020Oil prices extended gains on Thursday after the OPEC+ alliance of producers stuck to its reduced output policy and U.S. crude stocks fell, ...
05 Feb, 2021, 07.17 AM IST
Oil steady as surging virus cases cloud demand outlook"Dollar strength and macroeconomic uncertainty are likely to keep dominating oil's agenda this week," said BNP Paribas analyst Harry Tchili...
28 Sep, 2020, 06.49 PM IST