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Oil jumps nearly 5% as Russia sanction prospects deepen supply concerns

- Prospect of thighter sanction on Russian crude and escalating Gulf tensions fuel strongest of rally in weeks

12:49 Oil

Middle East tensions drive weekly oil rally despite OPEC+ output increase

- Investors continue to monitor Middle East developments as concerns over crude shipments through the Strait of Hormuz persist

10.07.2026 Oil

Oil prices hold firm on geopolitical risks despite inflation worries

- Investors balance geopolitical risks against expectations that higher energy prices could keep interest rates elevated

10.07.2026 Oil

Türkiye nears 12-month deal to keep Iraq-Türkiye crude oil pipeline flowing uninterrupted: Energy minister

- Oil flow through Iraq-Türkiye Crude Oil Pipeline to Mediterranean port of Ceyhan to continue uninterrupted, says Alparslan Bayraktar who is in Iraqi capital in Baghdad

09.07.2026 Oil

US crude oil inventories up 0.7% in week ending July 3

- ⁠Daily crude oil production increases to around 13.86 million barrels per day

09.07.2026 Oil

Oil prices jump 6% as Trump says ceasefire with Iran ‘over’

- Brent rises to $78.5, WTI climbs to $74.6 after US president signals collapse of tentative truce with Tehran

08.07.2026 Oil

US energy agency cuts oil price forecast on expectations of higher oil supply

- Brent crude estimated to average $81.91 per barrel, WTI $76.26 per barrel in 2026

08.07.2026 Oil

Oil jumps more than 3% as US-Iran tensions reignite supply fears

- Fresh US strikes, attacks on vessels in Strait of Hormuz and tighter curbs on Iranian oil lift crude prices

08.07.2026 Oil

Oil prices mixed as OPEC+ approves August output increase

- OPEC+ agrees to increase August production target by 188,000 bpd

06.07.2026 Oil

Oil gains as traders weigh US-Iran negotiations against OPEC+ output plans

- Signs of diplomatic progress between Washington and Tehran ease fears of major supply disruptions, although traders remain cautious ahead of the OPEC+ policy meeting

03.07.2026 Oil

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US crude oil inventories down 0.9% in week ending June 26

- ⁠Daily crude oil production increases to around 13.81 million barrels per day

02.07.2026 Oil

Oil prices fall as Strait of Hormuz traffic rebounds after ceasefire

- Commercial vessel movements through Strait of Hormuz recover to highest level since conflict began, weighing on prices

26.06.2026 Oil

Lower oil prices after US-Iran accord could turn tide against Moscow

- Oil prices returning to pre-war levels after US-Iran accord raise questions over durability of Russia's energy revenue gains from higher crude prices

25.06.2026 Oil