Brent crude rises above 100 dollars for first time since May 26
Oil prices continued their sharp rise on July 23, with Brent crude crossing the $100 mark for the first time since May 26.
oil prices
Azerbaijan's oil price climbs above 100 dollars
The price of Azerbaijan's Azeri Light crude oil on a CIF basis at Italy's Augusta port increased by $1.83, or 1.85%, from the previous session to $100.56 per barrel.
Oil prices climb toward 100 dollars
Brent crude rose above $98 per barrel while WTI approached $90 as geopolitical tensions intensified. Houthi forces claimed attacks on two Saudi oil tankers, prompting some vessels to avoid the Bab el-Mandeb Strait. Markets are increasingly pricing in the risk of supply disruptions after oil gained nearly 20% in roughly two weeks.
Price of Brent oil up above 91 dollars per barrel
The price of futures contracts of Brent crude oil for September 2026 delivery on London’s ICE has risen above $91 per barrel for the first time since June 11, 2026, according to trade data.
Brent oil price up above 87 dollars per barrel first since June 15
The price of futures contracts of Brent crude oil for September 2026 delivery on London’s ICE has risen above $87 per barrel for the first time since June 12, 2026, according to trade data.
Houthis to close Bab el-Mandeb Strait - report
A senior Yemeni official has warned that the country's armed forces are prepared to close the Bab al-Mandeb Strait, sending oil prices soaring to $200 a barrel, if Saudi Arabia persists in its aggression against Yemen's critical infrastructure, PressTV reported.
Oil holds gains as Hormuz risks support prices
Oil prices remained firmly higher on Monday despite retreating from an early rally of almost 5%, with investors continuing to assess the potential impact of renewed military tensions between the U.S. and Iran on global crude supplies.
Brent soars above 80 dollars per barrel
Brent crude oil prices increased significantly during today's trading session, surpassing the $80 per barrel threshold.
Oil surges towards 80 dollars as Trump says Iran ceasefire over
The price of futures contracts of Brent crude oil for September 2026 delivery on London’s ICE has risen above $79 per barrel for the first time since June 23, 2026, according to trade data.
Saudi Arabia cuts oil prices to record low
Saudi Arabia has reduced its oil export prices to Asian buyers by $11 per barrel for August, marking a 25-year low, according to media reports.
Kuwait, Saudi Arabia, and Iran increase oil output sharply - report
OPEC’s crude oil production surged last month as Persian Gulf members restored exports through the Strait of Hormuz amid a peace accord between the U.S. and Iran.
Brent oil price slips toward 70 dollars
Oil prices moved lower on Thursday as investors weighed improving prospects for crude supplies from the Middle East against the persistent geopolitical risks that continue to shape the energy market.
Trump demands lower gasoline prices in US
U.S. President Donald Trump demands that companies engaged in retail gasoline sales in the United States immediately reduce prices and warns them of serious consequences otherwise.
Brent oil prices down below 73 dollars
Oil prices have fallen to levels last seen before the start of the Iran war as tankers begin passing through the Strait of Hormuz.
Trump orders probe as oil prices stay high
U.S. President Donald Trump expressed his dissatisfaction with oil prices not falling fast enough in his country as he authorized a probe into this situation.
Brent drops below 80 per barrel
The price of futures for WTI oil for delivery in August 2026 decreased by 3.81% to $77.67 per barrel
Trump claims US takes out-millions of barrels of oil from Iran
U.S. President Donald Trump revealed that the U.S. has been taking out oil from Iran amid the ongoing war, while adding that this is why crude oil prices are at $85 a barrel, not $250.
Oil prices may exceed 150 dollars - Sechin
Global oil prices could rise by another approximately $100 per barrel under new restrictions on Russian oil and exceed $250 per barrel, Executive Secretary of the presidential commission on fuel and energy sector development strategy and environmental security and Rosneft CEO Igor Sechin said.
EU seeks to freeze Russian oil price cap - media
According to media reports, the EU's price cap on Russian oil may be frozen amid the ongoing blockade of the Strait of Hormuz.
Oil prices drop as traders look for US-Iran talks progress
Oil prices fell around 3% on Wednesday as traders weighed up progress in U.S.-Iran peace talks against renewed hostilities.
