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.
oil prices
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.
Could oil reach 200 dollars per barrel?
The spokesperson for the Khatam al-Anbiya Central Headquarters has suggested that oil prices could climb to $200 per barrel as a result of the ongoing conflict in the region.
Global energy crisis enters new phase
The global energy crisis triggered by the Middle East conflict is entering a new phase as the summer season approaches, the Financial Times reported, citing sources.
US considering Iranian oil supplies to China
U.S. President Donald Trump said he will make a decision over the next few days about lifting sanctions on Chinese oil companies that buy Iranian oil.
IEA expects global oil supply to decline in 2026
The International Energy Agency (IEA) has raised its forecast for global oil supply in 2026 by 2.5 mln barrels per day (bpd) compared with its previous report, according to the organization’s latest report. As a result, global oil supply this year is expected to fall by 4 mln bpd to 102.2 mln bpd.
Global oil reserves rapidly depleting amid Middle East conflict - Bloomberg
Global oil reserves are declining rapidly due to the conflict with Iran and the closure of the Strait of Hormuz, with inventory levels approaching a 2018 low, Bloomberg reported
Oil production in OPEC states down to record minimum
Oil production in OPEC countries dropped in April 2026 by 420,000 barrels per day to a 36-year minimum, Bloomberg reported.
Iraq encouraging oil exports with big discounts - report
Iraq has sharply cut oil prices for buyers willing to ship crude through the Strait of Hormuz amid the escalating tensions in the region, Bloomberg reported.
Oil prices to go down after Iran war - Trump
U.S. President Donald Trump has declared he believes oil prices will drop “very rapidly” once the conflict with Iran is over.
Oil prices slide but remain elevated
Oil prices pulled back on Tuesday after a sharp increase a day earlier.
Iran may begin mothballing its oil wells - Bessent
Iran may have to begin mothballing its oil wells next week as its storage facilities are rapidly filling up, U.S. Treasury Secretary Scott Bessent said.
Deep crisis seen on global oil market - Novak
The global oil market is experiencing a deep crisis, with large volumes of oil not reaching the market, Russian Deputy Prime Minister Alexander Novak said.
