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Oil prices fall over 4% as diplomatic efforts ease Mideast supply concerns

- Brent falls below $80 for first time since July 13 as diplomatic efforts raise hopes for reopening Strait of Hormuz and ease supply concerns

04.08.2026 Oil

Aramco reports higher revenue as US-Iran war boosts oil prices

- Aramco CEO Nasser says unprecedented supply disruption defines performance of company during 1st half

04.08.2026 General

Trump urges oil companies to cut retail fuel prices

- US president calls on Chevron, other oil producers to pass higher profits on to consumers by reducing prices at pump

04.08.2026 General

Oil prices fall over 5% as US-Iran talks set to resume

- Brent at around $83.4 per barrel, WTI at $79.6 as of 0605GMT

03.08.2026 General

Seven OPEC+ members to raise oil output by 188,000 bpd in September

- Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman to jointly raise output by 188,000 barrels per day under phased unwinding of April 2023 voluntary production cuts

02.08.2026 Oil

ExxonMobil, Chevron profits soar amid Middle East energy disruption

- ExxonMobil’s quarterly earnings more than double to $14.5B, while Chevron posts nearly fivefold increase to record $12.1B

01.08.2026 General

US oil rig count up for week ending July 31

- Number of US oil rigs up by 41 compared to one year ago

01.08.2026 General

Diversified supply and Kirkuk investment reinforce Türkiye's oil security

- New investments and stronger regional partnerships support Türkiye's long-term strategy of integrating production, transportation and energy trade

31.07.2026 General

Oil ends volatile week lower as diplomacy tempers Middle East risk premium

- US-Iran negotiations, military exchanges and maritime security developments dominate oil market sentiment throughout week

31.07.2026 Oil

Oil slips after Saudi-led maritime coalition calms shipping concerns

- Markets focus on improving maritime security in Red Sea after Saudi Arabia unveils a multinational coalition and Houthis reassure commercial shippers

31.07.2026 Oil