oil prices

Brent oil drops below 82 per barrel

The price of Brent crude futures contract with September delivery on the ICE exchange in London fell below $82 a barrel for the first time since July 13, according to trading data.

Azeri Light oil nears 100 dollars

The price of Azerbaijan's Azeri Light crude oil increased by $6.97, or 7.64%, from the previous session to $98.19 per barrel.

Price of Brent oil down below 85 dollars

The price of futures contracts of Brent crude oil for September 2026 delivery has dropped by more than 9% on London’s ICE, diving below $88 per barrel for the first time since July 21, 2026, according to trade data.

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.

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 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.

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.

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