8/1/2026 9:13:53 AM (Volume: 43 / Issue: 8)
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Tag: brent

Energy, Oil & Gas

Oil rebounds as Gulf shipping risks offset hopes of talks breakthrough

Oil prices recovered on Tuesday after suffering their steepest one-day decline in weeks, as persistent concerns over potential supply disruptions in the Middle East outweighed optimism that diplomatic efforts could quickly end the five-month-old conflict between the United States and Iran....

Energy, Oil & Gas

Oil prices tumble as US-Iran pause raises hopes for talks

Oil prices fell sharply on Monday after the United States and Iran halted hostilities over the weekend, raising hopes that a diplomatic breakthrough could ease tensions in the Middle East. However, shipping through the region's two critical maritime chokepoints – the Strait of Hormuz and the Bab al-Mandeb Strait – remains severely disrupted, keeping concerns over global energy supplies alive....

Energy, Oil & Gas

Oil at $100 on Red Sea attacks rattles markets, says expert

Oil topping $100 amid Red Sea attacks is rattling markets, affirms the CEO of a top independent financial advisory organisation. Brent crude touched $100.64 a barrel on Thursday, a jump of 7%, while US crude rose to $91.83, up 5.8% after Houthi rebels claimed to have struck two Saudi oil tankers in the Red Sea...

Energy, Oil & Gas

Oil prices jump 4%, with Brent crude surpassing $88 a barrel

Oil prices rose more than 4% at settlement on Friday, hitting their highest levels in over a month amid the ongoing Middle East conflict. Brent Crude futures surged by $3.87 (4.59%) to settle at $88.10 a barrel, while US West Texas Intermediate futures surged by 4.48% to $82.49. ...

Energy, Oil & Gas

Oil settles lower as Hormuz shipping hopes ease supply fears

Oil prices settled lower on Friday after the latest round of US-Iran fighting as traders grew hopeful that shipping would eventually resume in the Strait of Hormuz, but prices finished with sharp weekly gains. Brent crude futures fell by 29 cents to close at $76.01 a barrel. ...

Energy, Oil & Gas

Brent heads for weekly loss of 8% despite Friday rebound

Oil prices rose on Friday, but Brent crude remained on track for a weekly loss of nearly 8% amid continued market volatility. Brent crude futures soared to $80.38 a barrel, while US West Texas Intermediate (WTI) crude rose 1.2% to $77.54 a barrel. ...

Energy, Oil & Gas

Oil falls to lowest levels since March, Kuwait crude oil down 6.1pc

Global oil prices declined during Friday's trading session, reaching their lowest levels since early March. Kuwait's crude oil too fell by 6.1% to $94.84 per barrel on Friday, down from $101.04 per barrel the previous day, according to data from Kuwait Petroleum Corporation (KPC). ...

Energy, Oil & Gas

Oil prices surge 2% over fading hopes for peace deal

Oil prices climbed more than 2% on Monday as investors reassessed expectations for a breakthrough in US-Iran negotiations, with renewed regional tensions highlighting the fragility of efforts to secure a broader peace agreement and restore stability to Middle East energy supplies. ...

Energy, Oil & Gas

Brent crude tops $125 a barrel as no end seen for blockades

Oil prices continued to climb on Thursday with no sign of easing, as markets priced in a prolonged supply squeeze from the Middle East following stalled negotiations and firm signals from Donald Trump that the blockade on Iran will remain in place....

Energy, Oil & Gas

Oil rises 5pc on renewed US-Iran tension

Oil prices jumped more than 5 per cent on Monday (April 20), on fears that the ceasefire between the ‌US and Iran could collapse after the US seized an Iranian cargo ship, while traffic through the Strait of Hormuz stayed largely halted....

Energy, Oil & Gas

Crude oil prices decline after reports of new talks

Oil prices extended their decline on Wednesday, as cautious optimism over a possible resumption of US-Iran talks eased immediate supply fears, even as underlying risks from the ongoing conflict continued to cap losses....

Energy, Oil & Gas

Oil prices soar 30% to $119 a barrel as ​producers cut supplies

Oil prices surged nearly 30% to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major ​producers cut supplies and fears of prolonged shipping disruptions gripped the market due to the expanding US-Israeli war with Iran....

Energy, Oil & Gas

Oil up 10pc on Iran conflict, could spike to $100 a barrel, say experts

Brent crude jumped 10% to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100 after US and Israeli strikes on Iran plunged the Middle East into a new war, reported Reuters, citing senior analysts. ...

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