Tag: Oil
Oil Tumbles on Prospects of Restored Middle East Supply Routes
Brent crude fell 5% to $82.76 after US-Iran peace deal eased Middle…
Oil Is Back Near $100 — And the World Is Paying Attention
Brent crude rose above $97 per barrel as Iran-Israel tensions heightened supply…
OPEC+ to Boost Output by 188,000 Barrels in July as Seven Nations Phase Out Cuts
Seven OPEC+ nations agreed to increase oil production by 188,000 barrels per…
Oil Falls as US–Iran Diplomatic Hopes Weigh on Risk Premium
Oil fell as US–Iran diplomatic hopes eased risk premiums, but prices remain…
Oil Extends Pullback as Easing Tensions Reshape Market Sentiment
Oil fell as easing Middle East tensions reduced risk premiums, despite tight…
Oil Falls Over 1% as US–Iran Ceasefire Hopes Weigh on Market
Brent crude fell over 1% to about $92 as US–Iran ceasefire hopes…
Oil Rebounds Toward $97 As US-Iran Talks Stall, Hormuz Fears Return
Oil prices rebounded toward $97 as stalled US-Iran negotiations and renewed Middle…
Oil Rebounds as US–Iran Tensions and Diplomacy Drive Volatility
Brent crude rose near $99 as US–Iran tensions and peace talks fuel…
Oil Slides Below $100 as Iran Deal Hopes Ease Market Fears
Brent crude fell about 5% to near $98 as US-Iran deal hopes…
OPEC Pushes Deeper Energy Cooperation Under Charter Signed in 2019
In remarks to participants, Haitham Al Ghais said the group needed to…
Oil Falls Below $110 as Hopes of US-Iran Deal Ease Oil Market Fears
Brent crude fell below $110 as hopes for a US-Iran deal eased…
Oil Maintains $110+ Level as Middle East Risk Premium Persists
Brent crude holds above $110 per barrel as US–Iran tensions, Strait of…