Tag:

Brent

Oil prices ease after three-day gain

Oil prices fell on Wednesday after climbing nearly 8% over the previous three sessions, as hopes for a resolution to the Middle East conflict faded and tensions around the Strait of Hormuz remained unresolved.

13 May 2026-11:02
Why did the U.S. lower its Brent oil price forecast for 2026?

The U.S. Department of Energy slightly lowered its forecast for the average price of Brent Crude in 2026, reducing the estimate from $96 per barrel to $94.85 per barrel.

13 May 2026-06:58
Oil prices surge as Trump rejects Iran's peace terms

11 May 2026-09:38
US-Iran clashes push oil prices sharply higher

Oil prices climbed sharply after renewed clashes between the United States and Iran in the Strait of Hormuz pushed their fragile ceasefire close to collapse.

08 May 2026-09:39
Oil drops on hopes of Iran-US deal over Hormuz

Oil prices extended their losses on Thursday as investors assessed the possibility of a Middle East peace agreement that could reduce supply risks and potentially allow for the gradual reopening of the Strait of Hormuz.

07 May 2026-11:59
Brent crude drops below $98 on US-Iran peace hopes

Brent crude continued to decline amid growing hopes that the Strait of Hormuz could soon reopen, easing supply concerns in global oil markets.

06 May 2026-16:00
Hormuz tensions drive oil prices sharply higher

Oil prices surged sharply as renewed violence in the Strait of Hormuz raised concerns about the stability of the fragile ceasefire between the United States and Iran.

05 May 2026-09:43
Brent crude hits near $115 after Iran-US naval incident

04 May 2026-14:55
Oil prices climb to highest level since 2022

30 Apr 2026-12:25
Oil prices jump as Iran-US talks stall, supply tightens

27 Apr 2026-11:44