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Oil falls as hopes for US-Iran deal ease supply concerns

- Hopes for US-Iran agreement after Tuesday's full-day negotiations weigh on oil prices by easing geopolitical risk concerns in crude markets

10:45 Oil

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

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

Oil gains as US-Iran tensions escalate after Trump retaliation warning

- Brent crude edges higher as geopolitical risks surrounding the Strait of Hormuz outweigh broader market uncertainty

30.07.2026 Oil

Oil rebounds as fresh Middle East strikes revive supply fears

- US, Saudi strikes in Iraq and uncertainty over Hormuz lift crude prices

29.07.2026 Oil

Oil extends losses as easing US-Iran tensions lessen supply concerns

- Shipping risks in Hormuz and Red Sea keep downside limited

28.07.2026 Oil

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Oil prices fall around 6% on hopes for US-Iran diplomacy

- Markets remain cautious as risks to shipping through Strait of Hormuz and Bab el-Mandeb Strait persist

27.07.2026 Oil

Oil prices post third consecutive weekly gain amid escalating US-Iran conflict

- Brent crude rose about 11% over the week as escalating military tensions between the US and Iran and growing risks to oil flows through the Strait of Hormuz fueled fears of global supply disruptions

24.07.2026 General