Browsing: oIL

Brent crude rose to $114 per barrel as oil prices increased on Thursday after Iran launched attacks on energy facilities in the Middle East amid ongoing tensions with the US and Israel.

Naira Drops to N1,353 as Foreign Reserves Decline The Nigerian naira dropped to N1353 per dollar at the official window…

Crude oil prices fell in the global commodity market on Wednesday as Iran entered into a side agreement to boost export flows.

Oil Prices Rise 8% as Supply Disruption Persists Oil prices rose 8% on the week as escalating conflict in the…

Oil Prices Rise Amidst Temporary Russia Crude Supply Oil prices edged higher on Friday after reports that Iran has begun…

Oil prices surged on Thursday, with Brent crude approaching $100 a barrel following reports of an attack on two oil tankers near Iraq’s Basra port, raising concerns about potential supply disruptions in the Middle East.

Strategic Oil Reserves Release Will Reduce Prices – Trump U.S. President Donald Trump said he would release strategic oil reserves…

Oil prices briefly surpassed $120 per barrel on Monday as tensions between the U.S. and Iran kept the global commodity market on edge. Supply concerns intensified sharply after Iran blocked a critical shipping channel.

Brent crude price topped $90 on Friday, reaching its highest level since April 2024, as escalating conflict in the Middle East heightened concerns over disruptions to global energy supplies.

Oil prices edged higher on Friday as disruptions to shipments through the Strait of Hormuz following attacks on Iran continued to fuel supply concerns.