Oil Prices Slip

Oil prices fall over 1% as US-Iran talks ease supply disruption fears

Brent futures lost 79 cents or 1.1% to $70.78 a barrel by 0642 GMT, while US West Texas Intermediate crude fell 84 cents or 1.2% to $67.74 a barrel

Oil heads for steep weekly losses as Hormuz tanker traffic gathers pace

Brent and WTI fall about 3 per cent as supply concerns ease with higher tanker movements through the Strait of Hormuz despite fresh security risks in the region

Oil prices fall as markets weigh return of supply, US-Iran peace deal

On Monday, oil prices fell nearly 5 per cent to their lowest close since March 4, after US President Donald Trump said a memorandum of understanding was signed to end the US-Israeli war with Iran

US stocks rise after oil eases and SpaceX soars in its debut on Wall Street

US stocks rose Friday after oil prices fell again, and SpaceX soared in its highly anticipated debut on Wall Street. The S&P 500 added 0.5% to close out its 10th winning week in the last 11. The Dow Jones Industrial Average climbed 353 points, or 0.7%, and the Nasdaq composite gained 0.3%. Stocks got a lift from a 3.4% drop for the price of Brent crude oil to $87.33 per barrel, deepening its loss for the week. Oil prices have come down since President Donald Trump on Thursday called off his threat to launch strikes on Iran and said a potential deal with Iran may be imminent. A deal to end the war could reopen the Strait of Hormuz and allow oil tankers to once again deliver crude from the Persian Gulf to customers worldwide. Its near closure since the war began has sent the price of Brent up from roughly $70 per barrel and caused a wave of painful inflation for the world. Of course, financial markets have rallied in the past on hopes that an end to the war with Iran was near, ...

Oil prices slump to 2-month low as Trump calls off planned strikes on Iran

Brent futures were down $2.11 or 2.3 per cent at $88.27 a barrel by 0640 ‌GMT, while US West Texas Intermediate (WTI) crude dropped $1.90, or 2.2 per cent, to $85.81

Oil prices fall on teetering Iran ceasefire as Trump heads to China

Brent crude futures dropped $1.22, ​or 1.1%, to $106.55 a barrel at 0410 GMT while US West Texas Intermediate futures fell $1.16, or 1.1%, to $101.02

Oil falls after Trump announces Project Freedom to escort ships via Hormuz

Brent ‌crude futures fell 6 cents, or 0.1 per cent, to $108.11 a barrel by 0400 GMT after settling down $2.23 on Friday

ONGC, OIL fall 4% as Brent crude tumbles below $100 on US-Iran ceasefire

ONGC and Oil India shares fell up to 4% as Brent crude dropped below $100 following a US-Iran ceasefire and easing tensions in the Strait of Hormuz.

West Asia war has evolved into 'systemic tremor': FM Nirmala Sitharaman

FM Nirmala Sitharaman says current year even 'more challenging' but India has enough fiscal space

Analyst holds bearish long-term outlook for crude oil; WTI to slide to $52

While Brent should retain a geopolitical risk premium, it is similarly forecasted to retreat toward $56-$57/b as supply growth from non-OPEC+ producers outweighs softening demand

Oil slides over 4% as Trump signals US response to Iran is on hold

Oil has pushed higher in the new year as turmoil in OPEC's fourth-largest producer, along with upheaval in Venezuela, added geopolitical risk to prices

Oil prices head for biggest annual fall since 2020 on oversupply fears

U.S. crude and fuel inventories rose last week, market sources said, citing American Petroleum Institute figures on Tuesday

Oil price prediction: WTI may hit $57 by 2025-end, eyes supply glut in 2026

Oil price outlook: While the outlook for the oil market remains bearish with expectations for a large surplus in 2026, robust refinery margins offer counterbalance

Crude oil outlook: Supply glut, macro headwinds to cap rally; target & more

Crude oil prices continue to trade within a broader range of $5-$7, reflecting the persistent tug-of-war between supply excess and geopolitical flare-ups

Oil prices seesaw as US Secy questions potential Russia sanctions

Oil prices hit five-week lows as markets await US sanctions decision on Russia. Tariffs on India, crude inventory draw, and Opec+ supply plans also influence Brent and WTI price movements

Oil prices dip as Opec+ output rise counters Russia disruption worries

The Organization of the Petroleum Exporting Countries and its allies, together known as Opec+, agreed on Sunday to raise oil production by 547,000 barrels per day for September

Crude oil slips to $68; Emkay flags shift to clean energy, stable supply"

The conflict-driven risk premium-estimated between US$ 10-15-has largely dissipated, with no signs of supply disruptions through the strategic Hormuz Strait or within Iran.

Oil futures, options hit record Q2 volumes amid global market turmoil

Significant volatility in the second quarter had global benchmark Brent crude futures dropping to a four-year low of $60.23 a barrel on May 5 and then surging to $78.85 on June 19

Global equities rise as oil prices dip, markets downplay Iran conflict

The Dow Jones Industrial Average rose 0.17% to 42,279.55, the S&P 500 rose 0.48% to 5,996.40 and the Nasdaq Composite rose 0.61% to 19,565.74.

Oil prices slip as Israel-Iran strikes spare key energy infrastructure

Brent futures were down 93 cents, or around 1.3%, to $73.30 a barrel by 1307 GMT, while U.S. WTI futures were off 99 cents or nearly 1.4%, to $71.99