Browsing: oIL

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.

Oil Prices Surge over Lingering Supply Risks Oil prices surged on Thursday as lingering Middle East tensions strengthened supply concerns…

Brent neared $79 on Monday as oil prices soared in reaction to U.S. and Israeli strikes on Iran, heightening the risk of a prolonged conflict in the Middle East.

OPEC+ to Raise Oil Output in April The Organisation of the Petroleum Exporting Countries (OPEC) and its allies, a group…

Oil prices are set to jump sharply when trading resumes Sunday night, as unprecedented U.S. and Israeli strikes on Iran have intensified Middle East tensions.

Oil Prices Surge over U.S.-Iran Unclosed Nuclear Deal Brent crude rose above $71 per barrel as crude oil prices jumped…