Opec
Oil settles little changed, supply worries persist despite large US crude stock build
[HOUSTON] Oil prices settled largely unchanged on Wednesday as a much larger-than-expected US crude stock build did not do much to calm jitters about the threat to oil supply from potential military c...
Oil prices ease as Iran says prepared to take steps to reach deal with US
[NEW YORK] Oil prices closed down 1 per cent on Tuesday after Iran said it was prepared to take any necessary steps to clinch a deal with the US ahead of nuclear talks later this week.
Oil fluctuates with US-Iran nuclear talks to resume this week
A potential war would put shipments at risk in the Strait of Hormuz
Oil closes at six-month high on US-Iran conflict worries
[NEW YORK] Oil prices rose around 2 per cent on Thursday to settle at their highest level in six months, as traders worried about escalating tensions between the United States and Iran, which have ste...
Oil settles up 4% on Iran-US tensions, Russia-Ukraine talks end without breakthrough
[HOUSTON] Oil prices settled up by more than 4 per cent on Wednesday as traders priced in potential supply disruptions amid concerns of conflict between the US and Iran, and after talks between Ukrain...
Oil prices fall on supply forecast, easing risk
[HOUSTON] Oil prices dropped on Thursday due to falling demand, retreating fears of renewed Middle East conflict and expected increases in supply.
Oil up 1% as Middle East tension offsets large US crude stocks build
[NEW YORK] Oil prices gained about 1 per cent on Wednesday, as investors worried about escalating tensions between Iran and the US, which were preparing to resume negotiations, while a weekly report s...
Oil prices steady as Iran-US tensions and US data eyed
[NEW YORK] Oil prices were little changed on Tuesday as the market waited for direction from news on diplomatic relations between the US and Iran, efforts to end Russia’s war in Ukraine and data on th...
Oil settles up more than 1% after US urges caution for vessels near Iran
[NEW YORK] Oil prices settled more than 1 per cent higher on Monday after the US Department of Transportation issued an advisory to US-flagged vessels to stay as far as possible from Iranian territory...
Oil drops as US, Iran pledge to continue talks
[SINGAPORE] Oil prices fell on Monday after the US and Iran pledged to continue talks over the Middle Eastern producer’s nuclear programme, easing concerns about a possible conflict that could disrupt...