Global oil prices are sliding as US-Iran ceasefire talks advance, raising hopes for lower petrol prices in Nigeria. Get the latest on crude oil market impa

WTI, Brent slide over 6% as ‘war risk premium’ fades on US-Iran talks

A fuel price cut is imminent in Nigeria as global oil prices plunge following ongoing peace talks between the United States and Iran. Get the latest update

Crude oil prices fell by 5.5 per cent on Monday to about $97.6 per barrel amid growing optimism over a possible peace agreement between the United States and Iran aimed at easing…

Oil price jumps after US strikes in Iran raise concerns over the fragile ceasefire, impacting global energy supplies and trade through the Strait of Hormuz

Oil prices fall as U.S. and Iranian officials signal progress in ceasefire talks, easing supply fears and prompting traders to unwind part of the recent risk premium.

Oil prices fell as traders focused on hopes for a U.S.-Iran deal despite continued hostilities, tight inventories, and the effective closure of the Strait of Hormuz.

Oil prices plunged Wednesday on rekindled hopes for progress in US-Iran talks aimed at ending the war in the Middle East.

NEW YORK: Oil prices fell Wednesday (May 27) while global stocks mostly rose as markets parsed the latest posturing between Washington and Tehran over a peace accord.Hopes of an…

Oil prices diverged and global stock markets were mixed Thursday as a ceasefire extension deal between United States and Iranian negotiators awaited the green light from President…

Global oil prices are sliding as US-Iran ceasefire talks advance, raising hopes for lower petrol prices in Nigeria. Get the latest on crude oil market impa

Oil prices fell slightly on Friday after reports of a potential extension of a US-Iran ceasefire amid the ongoing Middle East conflict that has stretched beyond three months.

Oil prices dropped sharply, with Brent nearing $93 per barrel, as the US and Iran tentatively agreed to extend a truce, potentially easing Strait of Hormuz shipping restrictions.

Analysts warned that any potential ceasefire extension should be viewed cautiously

Markets rallied, and oil fell after reports that the United States and Iran had agreed in principle to extend their ceasefire, boosting hopes of a sustained de-escalation in the…

Global oil prices have retreated sharply amid hopes that a lasting Middle East ceasefire can unlock the Strait of Hormuz.