With immediate supply fears fading and tanker traffic returning to the Strait of Hormuz, traders are turning their attention back to oil demand and OPEC's outlook for the market.

Oil prices dropped below $80 a barrel Tuesday on optimism over the promised reopening of the Strait of Hormuz, easing inflation pressures on global economies even though traders…

Oil prices hit a 2-month low on U.S.-Iran news, but experts warn of a massive disconnect between paper markets & depleted physical supply.

Oil prices slid to fresh three-month lows on Tuesday as markets weighed prospects for a resumption of supplies through the Strait of Hormuz alongside weaker physical demand and…

Markets are anticipating the return of oil flows through the Strait of Hormuz, although analysts warn that significant upside risks remain.

Oil prices edged higher as investors assessed the implications of a potential U.S.-Iran peace deal and the reopening of the Strait of Hormuz. While an interim agreement was…

West Texas Intermediate traded below $77 a barrel, after sinking 16% over four sessions to post the longest losing run this year. | World News

Oil prices fell below $80 per barrel as markets grew increasingly confident that the effective closure of the Strait of Hormuz is coming to an end. This comes as strategic oil…

Oil prices fell below $80 per barrel as markets grew increasingly confident that the effective closure of the Strait of Hormuz is coming to an end, paving the way for a recovery…

SINGAPORE: Oil prices fell slightly on Wednesday as investors gauged the impact of a US-Iran peace deal, while uncertainty over full resumption of shipping through the Strait of…

Oil prices dropped further Thursday after US President Donald Trump and his Iranian counterpart signed off on a deal to end four months of war and reopen the Strait of Hormuz to…

An interim peace deal in the Mideast turns the focus to how much demand lost during the Hormuz closure will return as markets eye ample supply in 2027.

NEW DELHI, June 19 : Oil prices fell on Friday as prospects brightened for more supply after oil tankers began moving through the reopening Strait of Hormuz following a peace deal…

PERTH, June 19 : Oil prices fell on Friday on the prospect of more supply returning to the market after oil tankers began to move through the Strait of Hormuz following the…

Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a barrel. This comes after tankers carrying…

Oil prices fell as more supply returned to the market after oil tankers began to move through the Strait of Hormuz, post US-Iran interim peace deal. | World News

With immediate supply fears fading and tanker traffic returning to the Strait of Hormuz, traders are turning their attention back to oil demand and OPEC's outlook for the market.

Crude oil futures decline as improved Hormuz shipping traffic follows a US-Iran interim peace deal, with August Brent at $77.13.

Oil prices edged lower as the Strait of Hormuz reopened, with Brent crude at $79.49 and WTI at $76.36, while markets shifted focus to global demand trends.

Brent crude dropped to $75.55 as Saudi tankers carrying 6 million barrels resumed Strait of Hormuz transit after the US-Iran peace deal lifted a naval

WTI crude suffered its steepest weekly decline in months as traders priced in the reopening of the Strait of Hormuz and the potential return of Iranian oil exports.