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Oil prices fall as rising supply, ceasefire expectations ease disruption concerns

- Brent and WTI retreat as ample supplies offset lingering concerns over potential disruptions in Middle East

11:32 Oil

US crude oil inventories up 4.3% in week ending Aug. 7

- Daily crude oil production rises to around 13.8 million barrels per day

11:30 Oil

OPEC crude production jumps 1.7M bpd in July

- Iraq, Saudi Arabia and Kuwait lead output gains with 665,000 bpd, 590,000 bpd, and 393,000 bpd, respectively

12.08.2026 Oil

Global oil supply rises 2.4 million bpd in July, IEA says

- Partial restoration of oil flows through Strait of Hormuz helps lift July oil output

12.08.2026 Oil

Oil prices up on mounting supply concerns over Libya attacks, Hormuz uncertainty

- Drone strikes target energy infrastructure in western Libya for fifth time since Sunday, while Hormuz uncertainty adds to concerns over oil flows

12.08.2026 Oil

Oil prices edge higher as geopolitical risks fuel supply concerns

- Markets weigh escalation risks between Washington and Tehran alongside attacks on Libya's oil infrastructure

11.08.2026 Oil

Oil rises above $85 as Middle East tensions fuel supply concerns

- Uncertainty over US-Iran talks keep supply risks in focus

10.08.2026 Oil

Hormuz shipping risks highlight strategic value of oil storage outside chokepoint

- Oman's Ras Markaz terminal gains strategic importance as uncertainty over Strait of Hormuz traffic drives interest in alternative crude storage and export routes

10.08.2026 Oil Finance Downstream

Oil prices mixed as markets weigh US-Iran tensions

- Prices are little changed as investors monitor indirect US-Iran contacts and uncertainty over possible reopening of Hormuz

10.08.2026 Oil

Abu Dhabi National Oil Company says its vessel hit by missile in Strait of Hormuz

- No injuries reported, situation brought under control, reports UAE news agency, citing oil company

08.08.2026 Oil General

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Vessel struck by projectile off Oman, crew safe: UK maritime agency

- Fire aboard vessel east of Khasab has been extinguished and authorities are investigating incident, says UK Maritime Trade Operations

08.08.2026 Oil General

Oman says Strait of Hormuz talks progressing in 'positive' atmosphere

- Muscat condemns repeated attacks on ships transiting strategic waterway, warns against actions that could undermine negotiations

08.08.2026 Oil General

US expects Iran to ensure safe oil flow through Strait of Hormuz: Vance

- ‘Our expectation is you're going to see the same amount of oil and gas come out of the Gulf that you saw before the conflict started,’ says JD Vance

08.08.2026 Oil

Iran war pushes US Strategic Petroleum Reserve to 43-year low

- Emergency releases following Iran conflict drive US oil stockpile to its lowest level since February 1983

08.08.2026 Oil

US oil rig count up for week ending Aug. 7

- Number of US oil rigs up by 43 compared to one year ago

08.08.2026 Oil

Oil posts weekly loss as US-Iran diplomacy eases supply concerns

- Progress in US-Iran diplomacy, expectations of higher OPEC+ output and rising US crude inventories weighed on prices despite lingering Hormuz uncertainty

07.08.2026 Oil