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Oil Updates — crude extends losses on lower Middle East supply risk
LONDON: Oil prices extended losses on Tuesday to hit a two-week low on what the market viewed as lower risk of supply disruptions in the Middle East, though US President Donald Trump accused both Israel and Iran of violating a ceasefire he helped to broker. Brent crude futures were down $3.52, or 4.92 percent, at $67.96 a barrel by 4:22 p.m. Saudi time. US West Texas Intermediate crude fell $3.42, also 4.99 percent, to $65.09. Both contracts lost as much as 5 percent in early trade after Trump announced a ceasefire agreement between Israel and Iran.
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cnbc.com
Oil prices shed 2% as Iran-Israel ceasefire eases concerns over supply, Strait of Hormuz closure
A successful Iran-Israel ceasefire would abate concerns over Tehran's crude supplies and the stability of oil transport through the Strait of Hormuz.
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arabnews.com
Oil Updates — crude extends losses on lower Middle East supply risk
LONDON: Oil prices extended losses on Tuesday to hit a two-week low on what the market viewed as lower risk of supply disruptions in the Middle East, though US President Donald…
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Oil Updates — crude tumbles after Israel agrees to Trump’s proposal on ceasefire
SINGAPORE: Oil prices hit their lowest in two weeks on Tuesday after Israel agreed to US President Donald Trump’s proposal for a ceasefire with Iran, alleviating worries of supply…
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Oil prices fall more than 4% after Trump says China can continue buying oil from Iran
An Iran-Israel ceasefire would ease concerns over Tehran's crude supplies going offline, and the stability of oil transport through the Strait of Hormuz.
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Oil Updates — crude rises more than 1% as investors assess Iran-Israel ceasefire, demand outlook
LONDON: Oil prices climbed more than 1 percent on Wednesday as investors assessed the stability of a ceasefire between Iran and Israel, while support also came from data that…
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U.S. crude oil rises 1% after steep selloff following Israel-Iran ceasefire
Oil prices sold off on Monday and Tuesday after Iran held back from targeting regional crude supplies, and Trump pushed Jerusalem and Tehran into a truce.
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Oil Updates — prices climb as investors shift focus to demand signals
LONDON: Oil prices edged higher on Thursday as investors remained cautious about the Iran-Israel ceasefire and shifted their attention to market fundamentals after a stock draw in…
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Oil Updates — crude steady as investors watch Iran-Israel ceasefire, demand signals
LONDON: Oil prices were steady on Thursday after erasing earlier gains as investors remained cautious about the Iran-Israel ceasefire while also shifting focus to market…
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Oil Updates — crude set for steepest weekly decline in two years as risk subsides
LONDON: Oil prices rose on Friday though were set for their steepest weekly decline since March 2023, as the absence of significant supply disruption from the Iran-Israel conflict…
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Oil Updates — crude set to log steepest weekly decline in 2 years as war premium vanishes
SINGAPORE: Oil prices headed for their steepest weekly decline since March 2023 on Friday, as the absence of significant supply disruption from the Iran-Israel conflict saw any…