Opec

Oil dips as recovering Gulf exports ease supply fears, US-Iran diplomacy in focus

2026-10-01T06:15:22.000Z
UPDATED 14 hours ago
Millions of barrels of oil production remain shuttered in the Middle East due to the Iran war.

Opec+ likely to stick with plan for steady quotas, delegates say

2026-09-29T23:29:59.000Z
Crude oil exports from key Middle East producers rebounded in September to 12.8 million barrels per day, the highest since the war started in February.

Oil heads higher as US-Iran peace talks in stalemate

2026-09-28T06:08:36.000Z
The premium of Brent crude over WTI rose to its highest since May for a third day in a row.

Oil prices slide about 2% as US, Iran explore path out of war

2026-09-25T23:55:31.000Z
US and Iranian negotiators in New York are exploring a phased path out of war that would involve Teheran reopening the Strait of Hormuz.

Oil prices ease as US-Iran truce hopes counter Saudi supply risk

2026-09-25T15:20:25.000Z
A White House official on Sep 23 denied a report that said the US is preparing a 90-day ban of diesel exports.

Oil extends gains on little sign of progress in US-Iran talks

2026-09-24T11:58:37.000Z
Saudi Arabia could begin to exhaust oil available for export within days unless it restores operations on the East-West pipeline.

Oil holds near two-week lows while diesel cracks hit record

2026-09-23T14:21:32.000Z
Brent crude futures fell 7 cents, or 0.07 per cent, to US$99.18 a barrel as of 0119 GMT on Wednesday.

Oil falls on increased Gulf supply and hopes for US-Iran talks

2026-09-23T02:49:54.000Z
Prices of unleaded petrol and diesel at a Chevron petrol station in San Jose, California, Sep 10, 2026.

Oil set for longest losing run in a year on pipeline hopes, talks

2026-09-23T01:48:27.000Z
Oil prices appear to be falling on the back of media reports that Iran may be willing to reopen the Strait of Hormuz.

Oil falls to two-week low as Gulf supply outlook improves

2026-09-22T11:07:34.000Z