BEIJING/SINGAPORE: Oil prices fell more than $2 per barrel on Wednesday to pare some of Tuesday’s sharp gains after the Iraqi government and Kurdish authorities reached a deal to resume oil exports via Turkiye’s Ceyhan port, providing modest relief to concerns about supplies from the Middle East. But with no signs of a de-escalation of the Iran conflict, which has left oil exports from the Middle East largely halted, Brent futures prices have settled above $100 per barrel for the prior four consecutive sessions.

Oil prices rose more than 2 percent on Tuesday, reversing some of the previous session’s losses, on worries about supply with the Strait of Hormuz mostly shut and US allies…

Oil prices drop over $2 as Iraq and Kurdish authorities finalize an export deal, easing supply concerns amid ongoing conflict.

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BEIJING/SINGAPORE: Oil prices fell more than $2 per barrel on Wednesday to pare some of Tuesday’s sharp gains after the Iraqi government and Kurdish authorities reached a deal to…

BEIJING: Oil prices rose on Thursday, with benchmark Brent rising as much as $5 a barrel, after Iran attacked energy facilities across the Middle East following a strike on the…

SINGAPORE: Oil prices fell on Friday as leading European nations and Japan offered to join efforts to secure safe passage for ships through the Strait of Hormuz and the US…