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Oil gains as Hormuz tensions, Russia supply risks outweigh OPEC+ increase

- Fresh security incidents in Strait of Hormuz and attacks on Russian energy infrastructure support oil prices, though expectations of higher OPEC+ supply cap gains

10:13 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 falls for week as US-Iran talks reduce geopolitical risk premium

- Unwinding of Middle East geopolitical risk premium pushes Brent lower as markets grow more confident that regional oil flows would remain uninterrupted

03.07.2026 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

Oil's war rally reverses as Hormuz tensions ease, Brent falls back below $73

- Oil markets experienced one of their most volatile first halves in years, with Brent rallying more than 100% before surrendering most gains as geopolitical risk premiums rapidly unwound

02.07.2026 Oil

Brent slips toward $70 as easing geopolitical tensions weigh on crude

- Improving prospects for a lasting US-Iran agreement weigh on crude as resilient US demand offers support

02.07.2026 Oil

Brent ticks up on uncertainty over US-Iran negotiations

- Investors await US inventory data as uncertainty over lasting US-Iran agreement supports oil prices

01.07.2026 Oil

Oil falls as Trump claims US-Iran meeting planned, easing supply concerns

- Oil prices fall as hopes of easing US-Iran tensions outweigh Iran's denial of technical talks in Doha

30.06.2026 Oil

Oil rises on renewed US-Iran tensions, Russia supply concerns

- Renewed US-Iran tensions near the Strait of Hormuz and Russian fuel disruptions raise concerns over potential supply shortages

29.06.2026 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

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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

Oil slips as Hormuz traffic normalizes, diplomacy eases supply fears

- Brent falls below $74 as tanker traffic recovers and renewed US-Iran and Russia-US contacts reduce geopolitical risk premium

25.06.2026 Oil

Brent falls below $75 as Hormuz traffic recovers, easing geopolitical risk premium

- Recovery in tanker movements through Hormuz and prospects for continued Russia-US dialogue ease supply concerns

24.06.2026 Oil

Brent crude falls on expectations of normalized Hormuz oil flows

- Prices extend losses as traffic through the Strait of Hormuz recovers and supply concerns fade

24.06.2026 Oil

WoodMac forecasts lower oil prices as Hormuz reopening eases supply concerns

- Brent forecast to average $92 per barrel in 2026 before declining to $78 in 2027 amid improving supply outlook

23.06.2026 Oil

Oil falls on rising Iranian supply prospects, Russian fuel concerns limit losses

- Oil prices continue to drop as US-Iran peace talks boost hopes of normalized oil flows through Strait of Hormuz

23.06.2026 Oil

Oil prices fall as US-Iran talks ease supply concerns

- Oil prices slide as reports of lifted Iran export restrictions ease supply concerns

22.06.2026 Oil

Oil slips below $80 as easing geopolitical tensions shift outlook toward lower range

- Experts warn that easing US-Iran tensions may soften oil prices in short term, but geopolitical risk premium is likely to persist

19.06.2026 Oil Finance

OPEC sees global energy demand rising 23% by 2050

- Nearly three-quarters of future growth in electricity demand is expected to come from developing economies

18.06.2026 Oil Finance

Oil falls as US-Iran memorandum eases supply concerns

- US-Iran memorandum improves supply outlook, while Fed's tighter policy path raises demand concerns, weighing on oil prices

18.06.2026 Oil

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