Oil prices declined sharply on Friday, with Brent crude falling to its lowest level since early March and WTI reaching its lowest level since mid-April, as growing optimism surrounding a potential U.S.-Iran peace agreement reduced concerns about prolonged supply disruptions in the Middle East. Brent crude settled at $87.33 per barrel, down $3.05 or 3.37% […]

Brent crude settled at $90.38 per barrel, down $2.72 (2.9%), while West Texas Intermediate (WTI) crude closed at $87.71 per barrel, falling $2.32 (2.6%). The decline reversed much of the previous session’s gains as traders reduced the geopolitical risk premium that has supported oil prices throughout the conflict. In a social media post, Trump said […]

Brent crude settled at $93.10 per barrel, up $1.65 (1.8%), while West Texas Intermediate (WTI) crude closed at $90.03 per barrel, gaining $1.83 (2.0%). Both benchmarks surged by roughly $3 during afternoon trading after Trump reiterated that additional military strikes against Iran remained possible following an overnight exchange of fire between the two countries. Prices […]

Brent crude settled at $91.45 per barrel, down $2.80 (3.0%), while West Texas Intermediate (WTI) crude fell $3.10 (3.4%) to close at $88.20 per barrel. The decline followed announcements from both Iran and Israel that they had halted direct attacks after President Donald Trump urged the sides to cease hostilities. Although tensions remain elevated, particularly […]

Brent crude settled at $94.25 per barrel, up $1.16 (1.3%), while West Texas Intermediate (WTI) closed at $91.30 per barrel, gaining $0.76 (0.8%). Both benchmarks had surged more than 5% earlier in the session as renewed military activity over the weekend heightened fears of prolonged disruptions to Middle East energy supplies. The conflict escalated after […]

Brent crude settled at $93.09 per barrel, down $1.94 (2.0%), following a 2.8% decline in the previous session. U.S. West Texas Intermediate (WTI) crude fell $2.50 (2.7%) to close at $90.54 per barrel after dropping 3.1% on Thursday. Market sentiment improved as traders interpreted recent developments as signs of de-escalation despite the absence of a […]

Brent crude settled at $95.03 per barrel, down $2.78 (2.8%), while West Texas Intermediate (WTI) crude fell $2.98 (3.1%) to close at $93.04 per barrel. The decline followed news that Israel and Lebanon had agreed to implement a ceasefire, raising expectations that broader regional negotiations could gain momentum. Iran has previously linked progress in its […]

Brent crude settled at $97.81 per barrel, up $1.81 (1.9%), while West Texas Intermediate (WTI) crude gained $2.26 (2.4%) to close at $96.02 per barrel. The advance built on Tuesday’s gains as traders reassessed the likelihood of a near-term resolution to the conflict. Geopolitical tensions intensified after Iran launched ballistic missile attacks toward Kuwait and […]

Brent crude settled at $96.00 per barrel, up $1.02 (1.1%), while West Texas Intermediate (WTI) crude increased $1.60 (1.7%) to close at $93.76 per barrel. Market participants remained focused on developments in the Iran conflict and the status of the Strait of Hormuz, a critical shipping route that normally handles roughly 20% of global oil […]

Brent crude settled at $94.98 per barrel, up $3.86, or 4.2%, while U.S. West Texas Intermediate (WTI) crude gained $4.80, or 5.5%, to close at $92.16 per barrel. Both benchmarks had risen more than 6% during the session before trimming gains later in the day. Iran’s Tasnim News Agency reported that Tehran and its regional […]