Oil prices slide but remain elevated
Oil prices pulled back on Tuesday after a sharp increase a day earlier.
Oil prices pulled back on Tuesday after a sharp increase a day earlier.
The price of Azerbaijan’s Azeri Light crude has increased by $6.43, or 5.55%, from the previous level, coming in at $122.32 per barrel, media reported.
The price of futures contracts of Brent crude oil for July 2026 delivery on London’s ICE has increased to over $111 a barrel for the first time since April 7, 2026, according to trade data.
Oil prices extended their gains on Thursday, rising more than $1 in the wake of stalled peace talks between Iran and the U.S. and as both nations maintained restrictions on the flow of trade through the Strait of Hormuz. …
Oil prices rose sharply on Monday, after the U.S. seizure of an Iranian vessel hit hopes for a peace deal.
Oil prices have fallen sharply and stock markets have soared on news of a two-week ceasefire between the United States and Iran.
Oil prices briefly fell below $100 a barrel and shares opened higher in Europe on Wednesday after U.S. President Donald Trump said the U.S. will leave Iran in "two to three weeks" regardless of whether a deal is struck with Tehran.
Brent oil futures with delivery in May 2026 climbed to as high as $117 a barrel on the London-based ICE today for the first time from March 9, according to trading data.
Brent briefly jumped back above $100 a barrel after the Iran war led to more shipping turmoil in the Middle East and China tightened fuel export curbs.
The price of futures contracts of Brent crude oil for May 2026 delivery on London’s ICE was up by 3.5% early on Thursday, according to trade data.
Oil prices maintained their upward trajectory on Wednesday as escalating tensions in the Middle East heightened supply concerns over disrupted shipments through the Strait of Hormuz and exports in the region.
The price of Brent crude oil on the ICE exchange rose 12.2% at the start of the trading week amid Middle East escalation, trading data has shown.
Oil prices have jumped after the United States has sanctioned Russia’s two largest oil companies.
Oil prices dipped on Monday, pressured by worries over a global glut as U.S.-China trade tensions added to concerns about an economic slowdown and weaker energy demand.
Oil prices are growing by more than 2%, with Brent crude surpassing $70 per barrel.
Oil prices have increased amid Israel's attack on Iran, with Brent crude surging by 11.6% to $78.5 per barrel and WTI crude rising to $71.60.
Oil prices extended losses on Monday, falling more than 2% as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude while OPEC+ readies a supply increase. The price …
Oil prices fell on Wednesday after Russian President Vladimir Putin and U.S. President Donald Trump held talks. Brent crude futures fell 23 cents, or 0.3%, to $70.33 a barrel by 0730 GMT. U.S. West Texas Intermediate crude …
Crude oil prices slumped to their lowest level this year amid concerns of weakening demands after China announced a retaliatory tariff on US crude oil …
Brent oil futures almost reached $80 per barrel during today's trading in London, while WTI also showed growth, rising to $75.