Brent crude oil futures were flat on Friday morning after the US and Iran agreed to continue their talks next week. As of 9:54 a.m. Friday, May Brent crude futures were at $70.86, up 0.03 percent, and April WTI (West Texas Intermediate) crude oil futures were at $65.31, up 0.15 percent. March crude oil futures […]
Oil prices hovered around a seven-month high on Wednesday as the threat of a military conflict between the US and Iran that could disrupt supply continues to worry investors even as talks between the sides are scheduled for Thursday. Brent futures were trading at $71.22 a barrel, up 45 cents, or 0.64%, at 0140 GMT. […]
Oil prices hovered below a nearly seven-month high on Tuesday as traders assessed the prospects for US-Iran nuclear talks amid heightened tensions in the Middle East, while also weighing uncertainty around US trade policy. Brent crude futures fell 9 cents, or 0.1%, to $71.40 a barrel by 01:20 GMT, after a volatile session on Monday […]
Oil prices were higher on Friday as concerns increased over the US-Iran conflict. Washington said Tehran will suffer if the country does not reach an agreement on its nuclear activities within days. Brent crude futures rose 21 cents, or 0.3%, to $71.87, while U.S. West Texas Intermediate crude rose 23 cents, or 0.4%, to $66.66. […]
Oil prices rose more than 2% on Wednesday, buoyed by potential supply risks if US-Iran tensions escalate, while crude extraction from key reserves signaled stronger demand. Brent crude futures rose $1.52, or 2.2%, to $70.32 a barrel by 1320 GMT. U.S. West Texas Intermediate crude rose $1.50, or almost 2.4%, to $65.46.“Ongoing tensions in the […]
Oil prices rose for a third day on Thursday on growing concerns that the US could launch a military attack on key Middle Eastern producer Iran, disrupting supplies from the region. Brent crude futures rose 50 cents, or 0.73%, to $68.9 a barrel by 0216 GMT, but U.S. West Texas Intermediate crude rose 58 cents, […]
Oil prices rose further on Monday after rising more than 2% in the previous session, as tensions between the US and Iran kept investors on edge even after Kazakhstan’s main export pipeline returned to full operation.Brent crude futures rose 12 cents, or 0.18%, to $66 a barrel at 0127 GMT. US. West Texas Intermediate crude […]
Global stocks retreated from all-time highs and oil fell further on Wednesday as US President Donald Trump’s plan to seize Venezuela’s crude reserves and his latest message on Greenland forced a New Year’s rally to take a breather. Brent crude oil futures fell as much as 1%, heading for a second day of losses after […]
Oil prices were little changed on Wednesday but are expected to fall more than 15% in 2025 as supply exceeds demand in a year marked by wars, higher tariffs, OPEC+ production and sanctions on Russia, Iran and Venezuela. Brent crude futures, down nearly 18% – the most substantial annual percentage decline since 2020 – are […]
Oil prices fell more than 2% on Friday as investors factored in a looming global supply glut, while also keeping an eye on a potential peace deal in Ukraine ahead of this weekend’s talks between Ukrainian President Volodymyr Zelenskiy and US President Donald Trump. Brent crude futures fell $1.60, or 2.57%, to $60.64 a barrel. […]