Topic
Oil prices
60 stories related to this topic, newest first.
middleeasteye.netfinance2 hrs ago
Brent Crude Rises to $87.08 After US Strikes on Iran and Blockade Announcement
Oil and European gas prices climbed Tuesday following US military strikes. Markets priced in quarter-point rate increases by the Bank of England and ECB.
variety.comfinance15 hrs ago
Diesel in New York Harbor Reaches $140 per Barrel
@MarioNawfal reported that diesel prices in New York Harbor climbed to $140 per barrel from $85 before the war. Jeffrey Currie, director of Abaxx Commodity Exchange, linked the rise to depleted storage and halted shipments through the strait.
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nbcnews.comfinance4 days ago
Oil Prices Rise Above Prewar Levels After Attacks on Three Ships
Attacks on three commercial vessels in a key shipping strait have pushed crude prices back above levels seen before recent hostilities. The incidents disrupted shipping routes and added volatility to global energy markets.
The Independentfinance4 days ago
Asian stocks rise and oil prices fall as traders track Iran developments
Asian equity indexes gained on Friday while oil prices declined. Markets reacted to renewed tensions between Iran and the United States after the ceasefire agreement ended.
Los Angeles Timespolitics4 days ago
Stocks Rise and Oil Prices Ease After U.S. Airstrikes on Iran
U.S. stock indexes climbed Thursday while oil prices retreated from the previous day's gains. Markets reacted to new U.S. airstrikes on Iran and comments from President Donald Trump about the temporary truce.
news.google.comfinance5 days ago
U.S. oil prices projected above $80 per barrel this month
Market expectations for U.S. oil prices shifted sharply after a statement from President Trump. The probability of prices exceeding $80 per barrel rose from 13 percent to a near-certainty within one day.
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freepressjournal.infinance7 days agoUpdated
Russian Urals Crude Averages $41.66 per Barrel in Early July
Russian Urals crude averaged $41.66 a barrel during the first three days of July. The price matches pre-conflict levels and removes the revenue increase Moscow recorded after shipping through the Strait of Hormuz resumed.
pbs.orgworld7 days ago
Saudi Aramco Cuts Arab Light Price by $11 per Barrel for August
Saudi Aramco will sell Arab Light crude at a $1.50 discount to the benchmark, the first such move since 2020. The record reduction follows a surge in global supply after the mid-June US-Iran peace deal reopened the Strait of Hormuz.
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Rapplerworld8 days ago
Philippine fuel prices to rise July 7 with diesel and kerosene increases
Oil companies will raise diesel and kerosene prices starting July 7. Gasoline prices may increase by up to 25 centavos per liter or decrease by as much as P1.75 per liter.
Substrate placeholder — needs reviewfinance11 days ago
Oil prices hold near $71.76 a barrel
Brent crude futures traded near $71.76 a barrel on Friday after slipping only slightly during the week. Traders cited expectations of a U.S.-Iran agreement as the main factor supporting prices.
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cnbc.comfinance11 days ago
Oil Futures Head for Fourth Straight Weekly Loss as Hormuz Traffic Recovers
Brent and WTI prices rose about 0.5 percent in early Asian trade on Friday. The gains came as tanker traffic through the Strait of Hormuz increased following a U.S.-Iran memorandum to negotiate a deal.
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news.google.comfinance11 days ago
UAE Shifts Offshore Crude Pricing to Dubai Benchmark
The UAE is linking some offshore medium-sour grades to the Dubai benchmark instead of Murban futures. The change removes destination restrictions and uses the Habshan-Fujairah pipeline to reach Asian buyers.
benzinga.comfinance12 days ago
Brent crude drops below $71 a barrel
Brent crude futures for August delivery reached $70.82 per barrel, the lowest level since February 27. The decline followed statements from Qatar and oil analysts about indirect talks between U.S. and Iranian officials.
manufacturing.netpolitics12 days ago
Three advanced nuclear reactors reach criticality ahead of July deadline
The Department of Energy confirmed that three small reactors achieved criticality by late June, meeting a target set last year. Oil prices fell more than 1 percent as indirect U.S.-Iran talks continued in Doha.
benzinga.comfinance13 days ago
Brent Crude Falls Nearly 40 Percent in Second Quarter
Crude oil prices recorded their steepest quarterly drop since 2020 as Brent shed close to 40 percent. Traders cited optimism over a potential U.S.-Iran peace deal, though tanker traffic through the Strait of Hormuz remained below pre-conflict levels.
New York Postpolitics13 days ago
Oil Flow Through Strait of Hormuz Returns to Pre-War Levels
Vice President JD Vance said Tuesday that oil shipments through the Strait of Hormuz have returned to or exceeded pre-war volumes. Total vessel traffic remains below pre-war averages, with about 240 ships transiting last week.
cnbc.comfinance13 days ago
Brent Crude Heads for 30% Quarterly Drop as Hormuz Traffic Recovers
Brent crude prices are on track for a 30.4% decline in the second quarter of 2026, the largest quarterly drop since the first quarter of 2020. The decline follows a U.S.-Iran agreement that allowed tanker traffic through the Strait of Hormuz to resume.
moneycontrol.comfinance14 days ago
Brent Crude Falls More Than 20 Percent in a Month as Hormuz Shipping Resumes
Brent crude prices dropped from triple digits to around $72 a barrel after the Strait of Hormuz reopened to commercial traffic. OilPrice.com reported that an interim U.S.-Iran agreement and recent strikes have left shipping under daily quotas with elevated insurance costs.
moneycontrol.compolitics15 days ago
WTI Crude Oil Falls Below Pre-Denuclearization Levels to $69 per Barrel
Oil prices have declined in recent trading sessions and now sit at $69 per barrel. The current level is lower than prices recorded before the start of the denuclearization of Iran.
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finance15 days ago
Crude Oil Prices Fall as Tankers Exit Strait of Hormuz After U.S.-Iran Ceasefire
Oil prices declined after the United States and Iran reached a 60-day ceasefire. Tankers are leaving the Persian Gulf, and some cargoes are trading at discounts.
The Hillpolitics17 days ago
Gasoline Prices Remain Elevated as Crude Oil Returns to Pre-War Levels
National average gasoline prices stood at $3.90 per gallon on Friday, nearly $1 above late February levels, while the U.S. benchmark WTI crude oil traded near $69 per barrel. The gap follows a U.S.-Iran memorandum of understanding that reopened the Strait of Hormuz after earlier…
rigzone.comfinance18 days ago
ADNOC Lowers July Murban Crude Price to $101.48 per Barrel
Abu Dhabi National Oil Company cut its official selling price for Murban crude for July delivery by $2.96 per barrel. The reduction follows the easing of supply concerns after the United States and Iran agreed to open peace talks and reopen the Strait of Hormuz.
japantimes.co.jpworld19 days ago
Brent Oil Loses Wartime Price Gains as Hormuz Shipments Rise
Brent crude prices returned to pre-conflict levels after tanker traffic through the Strait of Hormuz increased. The change followed reported progress toward a U.S.-Iran agreement.
Los Angeles Timesfinance19 days ago
S&P 500 Falls 0.1 Percent as Tech Stocks Decline
Major U.S. stock indexes closed mixed Wednesday. The S&P 500 and Nasdaq declined while the Dow Jones industrial average rose.
The Sydney Morning Heraldfinance19 days ago
Wall Street Indexes Mixed as Tech Stocks Decline
The S&P 500 fell 0.1 per cent and the Nasdaq composite fell 0.4 per cent while the Dow Jones rose 165 points. Australian sharemarket futures pointed to a 0.4 per cent decline at the open.
nypost.comfinance19 days ago
Oil prices fall near $70 a barrel after evacuation plan announced
Brent crude dropped 3.1 percent to $73.13 a barrel and West Texas Intermediate fell 3.8 percent to $70.43. The declines followed an International Maritime Organization announcement that Iran and Oman will coordinate the evacuation of more than 11,000 seafarers from the Strait of…
nbcnews.combusiness19 days agoUpdated
Trump Orders DOJ Investigation of Chevron ExxonMobil Shell and BP
President Donald Trump directed the Department of Justice to examine four major energy companies for alleged gasoline price gouging. He cited sharp drops in crude oil prices that have not translated to equivalent declines at the pump.
rigzone.comscience21 days ago
Oil Market Outlook Shifts as Strait of Hormuz Reopening Nears
China has reduced crude imports and drawn on stockpiles during the conflict, keeping global prices below earlier forecasts. The International Energy Agency now projects a possible supply glut next year if the strait reopens.
manilatimes.networld22 days ago
Philippine Fuel Prices to Fall on June 23 With Rollbacks Up to P11.82 per Liter
Energy Secretary Sharon Garin announced the cuts on June 22. Gasoline, diesel, and kerosene prices will decline effective the next day after international crude eased.
realclearmarkets.comfinance24 days ago
Oil prices swing after Strait of Hormuz reports
Oil prices came under renewed pressure Friday after conflicting reports surfaced about a possible reopening of the Strait of Hormuz. A fragile U.S.-Iran arrangement appears increasingly uncertain amid ongoing regional tensions.
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Washington Examinerpolitics25 days ago
U.S.-Iran ceasefire announced as oil prices fall below $80
President Donald Trump announced plans to sign a ceasefire agreement with Iran. Crude oil prices dropped below $80 per barrel for the first time since March following the announcement.
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news.google.compolitics25 days ago
Oil Flows Resume Through Strait of Hormuz After Signed Agreement
A memorandum of understanding and restored oil shipments through the Strait of Hormuz lowered prices and supported gains in U.S. stocks and bonds. The dollar rose against the yen, pressuring gold and bitcoin prices lower.
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realitytea.comworld25 days ago
U.S. Average Gas Price Falls Below $4 After Deal Reopens Strait of Hormuz
The national average for regular gasoline reached $3.99 on June 18, 2026, the lowest level since March 30. The decline followed an agreement between the U.S. and Iran to reopen the Strait of Hormuz.
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Semaforworld27 days ago
Oil Falls Below $80 a Barrel as Tankers Transit Strait of Hormuz
Oil prices dropped below $80 per barrel after several tankers passed through the Strait of Hormuz. The passage marks the first sustained reopenings after months of restricted access to the waterway.
thehindu.compolitics26 days agoUpdated
President Trump Says Oil Prices May Fall Below Pre-War Levels
President Trump stated that oil prices could drop below levels seen before the war. The comment comes amid ongoing market movements in energy prices.
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pbs.orgfinance27 days ago
U.S. and Iran Reach Interim War Deal as Shares Mixed, Oil Falls Below $80
U.S. and Iranian officials reached an interim agreement aimed at reducing hostilities. Stock markets showed mixed results while oil prices dropped below $80 per barrel amid optimism over the deal.
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marketwatch.compolitics27 days ago
Oil Prices Fall Below $80 as U.S. Prepares Iran Sanctions Waivers
Brent crude dropped nearly 5 percent to $79.02 a barrel after reports that the United States will allow Iran to resume oil sales once a ceasefire is signed. Marine Traffic data showed only five vessels crossed the Strait of Hormuz the previous day.
Substrate placeholder — needs reviewworld28 days ago
U.S. Average Gas Price Falls Below $4 per Gallon
The national average dropped below the threshold Monday after an agreement between the United States and Iran eased oil costs, GasBuddy reported.
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sabcnews.comfinance30 days ago
Oil Prices Fall After Trump Cancels Iran Strikes as Six States Raise Fuel Taxes
Brent crude traded near $88–$89 and WTI near $85–$87 after President Trump said a peace deal with Iran was close. Drivers in six states face new or inflation-linked fuel taxes starting July 1.
winnipegfreepress.comfinance32 days ago
Brent Crude Falls 4.3 Percent to $86.36 on U.S.-Iran Talks
Brent Crude dropped more than 4 percent in early Friday trading after reports of progress toward a U.S.-Iran agreement. Both Brent and WTI benchmarks moved toward three-month lows.
finance33 days ago
Oil Prices Rise After U.S. and Iran Exchange Fire for Second Day
Oil prices increased following renewed exchanges of fire between the United States and Iran. The developments come after two consecutive days of reported military activity between the two countries.
thehindubusinessline.compolitics33 days ago
President Trump Says U.S. Actions Reduced Iranian Oil Exports
President Trump stated that U.S. measures have removed millions of barrels of Iranian oil from the market. He linked the actions to current global oil prices and said prices would fall further once military conflict ends.
financialpost.comfinance34 days ago
Ceasefire Ends Oil Price Gains While China Demand Declines
Oil prices fell after a ceasefire took effect. Weakening demand from China contributed to the decline. Shipping companies increased orders for new supertankers amid ongoing regional tensions.
The Sydney Morning Heraldfinance39 days ago
S&P 500 rises 0.4 percent as oil prices fall 3.5 percent
U.S. stocks advanced with the S&P 500 gaining 0.4 percent and the Dow Jones rising 812 points while oil prices dropped and several technology shares declined. Australian futures pointed to a 0.4 percent gain at the open after the ASX fell 1.1 percent the previous day.
japantimes.co.jpbusiness40 days ago
Oil Executives Warn of Prolonged Supply Shock and Recession Risk as Bessent Calls Price Rise Temporary
Treasury Secretary Scott Bessent said energy-driven inflation and high crude prices are short-term supply shocks that will reverse. Chevron CEO Mike Wirth and ADNOC head Sultan al-Jaber described shrinking inventories and slow infrastructure recovery that could keep prices elevat…
japantimes.co.jpworld43 days ago
Yamato Transport Discusses Fuel Surcharge for Corporate Deliveries Amid Oil Market Uncertainty
Transport companies including Yamato are discussing domestic fuel surcharges for corporate deliveries after fuel prices rose following the U.S. and Israeli attack on Iran and the effective blockade of the Strait of Hormuz.
etftrends.comfinance45 days ago
S&P 500 Rises for Ninth Straight Week as Retail Investors Buy and Oil Prices Fall
Retail investor purchases and lower oil prices supported a ninth consecutive weekly gain for the S&P 500. WTI crude posted its largest monthly decline since April 2025.
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Bloombergfinance45 days ago
U.S. Government Bond Market on Track for Strongest Week Since Iran Conflict Began
U.S. government bonds are set to post their best weekly performance since the start of the U.S. war on Iran. The gains coincide with falling oil prices linked to expectations of an agreement to end the conflict.
citizen.co.zafinance45 days ago
Brent Crude Set for Largest Weekly Drop in Two Months
ICE Brent crude futures are on track to fall nearly 10 percent this week. Market participants are pricing in a possible 60-day extension of the current ceasefire and a temporary navigation arrangement for the Strait of Hormuz.
business-standard.comworld46 days ago
Indian rupee rises most in nearly two months after central bank intervention and oil price decline
The Indian rupee posted its strongest single-day gain in nearly two months. Officials intervened in currency markets while global oil prices fell.
upi.comfinance46 days ago
Oil Prices and Stock Markets Fluctuate on Signs of U.S.-Iran Cease-Fire Extension
Oil prices and stock markets traded warily on Friday amid tentative signs that the United States and Iran were nearing a preliminary agreement to extend a cease-fire. Negotiators discussed a new memorandum of understanding that appeared close to approval, though disagreements rem…
Cnbcfinance46 days ago
Goldman Sachs Analyst Says Brent Crude Prices Will Remain Elevated Through Fourth Quarter
Daan Struyven of Goldman Sachs stated that Brent crude prices will stay elevated through the end of 2026 because of reduced global supply. The comments came during a CNBC interview as oil prices declined following reports of Iran peace talks.
finance.yahoo.comfinance46 days ago
Bernstein Research Sets Long-Term Oil Price Target at $75 per Barrel
Bernstein Research has set a $75 per barrel long-term oil price target for equity valuations. The firm based the target on a survey of the 50 largest energy companies and cited rising marginal costs and falling reserves.
upi.comfinance46 days ago
Oil Prices Fall After Report of Progress on U.S.-Iran Cease-Fire Extension
Global oil prices declined on Thursday following reports of advancement toward extending the U.S.-Iran cease-fire. MarketWatch reported the price movement occurred after news of the potential agreement.
insurancejournal.comfinance47 days ago
Dallas Fed President Says Global Oil and Gas Use Must Decline
Federal Reserve Bank of Dallas President Lorie Logan stated that physical supply limits could require lower worldwide consumption of oil and natural gas. She spoke at a closed-press event on May 27, 2026.
upi.comfinance48 days ago
Oil Prices Swing After Reports of U.S.-Iran Deal and Strikes
Brent crude fell on reports of a possible U.S.-Iran framework deal, then rose toward $100 after new U.S. strikes on Iran. OilPrice.com reported the price movements on May 26, 2026.
Fortunefinance49 days ago
Brent Crude Oil Trades at $100.20 per Barrel on May 26
Oil sold for $100.20 per barrel at 9:15 a.m. Eastern Time, up 67 cents from the previous day. The price has risen $35.30 over the past year.
marketwatch.comfinance49 days ago
Oil Prices Fall Below $100 After Reports of U.S.-Iran Talks
Brent crude slipped below $100 per barrel early this week on optimism over potential U.S.-Iran negotiations. President Trump later stated there was no rush on a deal and that the U.S. blockade in the Strait of Hormuz would remain.
news.google.comfinance50 days ago
India Officials Discuss Economic Issues Over Oil Prices
Senior Indian government officials issued statements on economic conditions as oil prices increased. Markets and the rupee showed movement while growth forecasts faced pressure.
marketwatch.comfinance50 days ago
Analyst Warns Oil Prices Could Rise in July if Strait of Hormuz Closes
Fereidun Fesharaki of FGE NexantECA told CNBC that a four-month closure of the Strait of Hormuz would sharply increase oil prices. He said traders are focusing on optimistic signals about a U.S.-Iran deal rather than worst-case supply risks.