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US oil rig count unchanged for week ending June 18

- Number of US oil rigs fall by 5 compared to one year ago

11:17 Oil

Brent crude falls below $80 on optimism over initial US-Iran deal

- Both oil benchmarks see their lowest levels since early March

16.06.2026 Oil

Oil stays on downward path as markets await details of US-Iran deal

- Concerns grow that Strait of Hormuz flows may take longer than expected to resume

16.06.2026 Oil

Oil slides 5% on initial US-Iran deal, easing Strait of Hormuz fears

- Brent falls 4.9% to low of $83.05 per barrel on June 15, while WTI drops 5.7% to $80.01, marking their weakest level since early March

15.06.2026 Oil

Oil rises as fresh US-Iran strikes fuel supply disruption fears

- Concerns over supply disruptions and falling US crude inventories support oil prices amid worsening regional tensions

11.06.2026 Oil

Oil mixed over renewed supply concerns after US strikes on Iran

- Prices, after slipping to seven-week low in previous session, were little changed as traders weighed US-Iran developments

10.06.2026 Oil

Oil slips as Iran-Israel halt attacks, Trump signals progress in talks

- US President Trump expects 'total victory' over Iran within two weeks

09.06.2026 Oil

Oil prices rise on uncertainty over US-Iran peace talks, renewed Gulf tensions

- US President says negotiations with Iran are continuing without interruption and called on Tehran to "reach an agreement one way or another"

03.06.2026 Oil

Oil prices gain as US, Iran exchange attacks

- Latest escalation adds to concerns that regional instability could threaten oil supplies

01.06.2026 Oil

US oil rig count up for week ending May 29

- Number of US oil rigs fall by 22 compared to one year ago

30.05.2026 Oil

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Oil prices extend weekly losses on US-Iran ceasefire hopes

- Brent crude plunges nearly 10% this week as reports of drafted 60-day extension of US-Iran ceasefire ease fears over supply disruptions through Strait of Hormuz

29.05.2026 Oil

Geopolitical thaw drags oil prices down despite massive draw in US inventories

- While ceasefire talks between the US and Iran ease supply concerns and check upward pressure on crude, surging domestic demand ahead of the summer driving season provides a floor for falling prices

29.05.2026 Oil

Brent crude trades under $100 per barrel amid mixed market signals

- Oil prices remained mixed as growing hopes for a ceasefire between the US and Iran were countered by renewed concerns after US strikes on Iran resumed

27.05.2026 Oil