Keywords: Brent crude


Oil prices plunge more than 5% as hopes for a US-Iran agreement return

Oil prices fell sharply in Asian trading on Monday, dropping by more than 5% as investors reacted positively to the absence of new US strikes against Iran and renewed hopes that diplomatic talks could help ease tensions between Washington and Tehran. After around 30 minutes of trading, Brent crude,......

Global oil prices surge past one hundred dollars as red sea and hormuz tensions disrupt energy supplies

Global oil prices experienced a sharp upward surge on Thursday, with Brent crude breaching the key psychological threshold of 100 dollars per barrel for the first time since May. The spike was triggered by escalating attacks on commercial maritime traffic in the Red Sea, which compounded ongoing navigation......

Oil prices surge above $100 as Red Sea tensions threaten global supply routes

Global oil markets faced renewed pressure on Thursday as escalating tensions in the Red Sea pushed crude prices sharply higher, with Brent oil climbing above the $100 per barrel threshold for the first time since May. The surge reflects growing concerns over potential disruptions to global energy supplies......

Gulf and Red Sea tensions push oil prices to six-week high

Oil prices climbed to their highest level in more than six weeks as escalating tensions in the Gulf and the Red Sea raised concerns about potential disruptions to global energy supplies. By 9:35 a.m. Moscow time, September West Texas Intermediate (WTI) crude futures had risen 1.44% to $88.08 a barrel.......

Oil prices surge as US-Iran tensions fuel supply concerns

Global oil prices climbed sharply at the start of Asian trading after renewed military tensions between the United States and Iran heightened concerns over the security of energy supplies from the Middle East. Brent crude futures rose to their highest level in more than a month, while West Texas Intermediate......

Oil prices climb as renewed Strait of Hormuz disruptions fuel supply concerns

Global oil prices moved higher on Friday as renewed disruptions to shipping through the Strait of Hormuz intensified concerns over energy supplies, while escalating tensions between the United States and Iran added further uncertainty to international markets. Brent crude futures rose above $85 per......

Oil prices rise as Strait of Hormuz tensions fuel market uncertainty

Global oil prices moved higher as investors reacted to renewed geopolitical tensions in the Middle East, with developments around the Strait of Hormuz increasing concerns about potential disruptions to global energy supplies. Both Brent crude and West Texas Intermediate (WTI) futures recorded gains......

Fuel prices remain above pre-war levels ahead of summer travel season in France

As the summer travel season gets underway across France, fuel prices continue to ease only partially, remaining significantly higher than levels recorded before the outbreak of conflict in the Middle East, according to government data released on Monday. While motorists are seeing some relief at the......

Global oil markets face widening discounts amid rising supply pressures

The global oil market is experiencing a notable shift as widening discounts across several crude grades reflect growing supply pressures and changing market dynamics. Increased production from major exporting regions and expectations of additional crude flows have contributed to a softer pricing environment......