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US oil rig count up for week ending June 5

- Number of US oil rigs fall by 11 compared to one year ago

09:47 Oil

Russia expects to derive $13.6B from Strait of Hormuz oil spike

- If high crude prices persist through 2026 end, 1-trillion-ruble windfall may be injected into National Welfare Fund, while Moscow still on track to exceed fiscal targets via state privatization, says Finance Minister Anton Siluanov

05.06.2026 Oil Finance

Brent slips below $95 amid ceasefire optimism, US-Iran diplomacy hopes

- Oil prices fall after optimism over Israel-Lebanon ceasefire and renewed diplomatic signals between Washington and Tehran ease geopolitical risks

04.06.2026 Oil

Oil prices ease on hopes of progress in US-Iran talks

- Prices slip on US-Iran deal optimism and ceasefire hopes, while lower US crude inventories limit losses

04.06.2026 Oil Finance

US crude oil inventories down 1.8% in week ending May 29

- Daily crude oil production falls to around 13.7 million barrels per day

04.06.2026 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

Crude eases amid uncertainty over US-Iran ceasefire talks

- Markets remain cautious as uncertainty over future of US-Iran ceasefire and Strait of Hormuz keeps geopolitical risks in focus

02.06.2026 Oil

Energy prices down as tensions ease in Middle East

- Brent falls to below $95, WTI at. $91.9

01.06.2026 Oil

Oil prices continue to increase amid US-Iran deal uncertainty

Brent exceeds $97, WTI at above $94 as Tehran suspends indirect exchanges with US over Israeli attacks in Lebanon

01.06.2026 Oil Finance

Oil prices rise 5% as US-Iran deal uncertainty, Hormuz risks persist

- Brent climbs above $95, WTI nears $93 as Tehran suspends indirect exchanges with US over Israeli attacks in Lebanon

01.06.2026 Oil

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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

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

US crude oil inventories down 0.7% in week ending May 22

- Daily crude oil production falls to around 13.7 million barrels per day

29.05.2026 Oil

Nordic coalition calls on EU to uphold Arctic oil and gas drilling ban

- Nordic financial groups, unions and climate experts urge bloc not to weaken its opposition to new Arctic fossil fuel projects during policy review

28.05.2026 General

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