Crude contracts fell slightly around midday Wednesday, as Iran and U.S. continued to pursue a peace agreement to fully reopen the Strait of Hormuz, with Persian Gulf oil flows through the key global oil supply chokepoint showing signs of recovery.

Crude oil and refined product futures prices were rising Monday, with gains accelerating during the morning as markets reacted to the renewal of fighting between the U.S. and Iran.

Brent crude futures dropped around 1% to $72.50 a barrel while US West Texas Intermediate (WTI) crude futures fell around 0.7% to $70.28 per barrel, as seen at 7.20 am on…

Crude oil prices rose on Wednesday as stalled talks between Iran and the US over a final agreement to end their conflict renewed concerns over crude supplies from the Middle East,…

Crude contracts fell slightly around midday Wednesday, as Iran and U.S. continued to pursue a peace agreement to fully reopen the Strait of Hormuz, with Persian Gulf oil flows…

Oil prices slide as Hormuz shipping resumes and Middle East tensions ease, with WTI, Brent and Murban crude extending their post-war slump below recent peaks.

Oil prices fall as US-Iran talks ease supply disruption fears. New all-time high for crude oil by September 30 at 4.5% YES.

Crude oil futures contracts fell about $1 at midday Thursday, weighed down by pre-holiday selling ahead of the long U.S. Independence Day weekend. The declines come amid ongoing…