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Oil retreats as market weighs mixed supply signals

Oil prices eased today after a sharp climb a day earlier as the market refocused on signs of recovering Middle Eastern supplies, though the possibility of renewed US-Iran tensions provided a floor.

Business • 2 hrs

Oil prices rise $3 as China suspends fuel exports

Brent benchmark oil prices rose by $3 today after China suspended oil products exports, potentially tightening fuel markets already coping with supply shortages globally, while investors continued to assess diplomatic efforts to end the US-Israeli war on Iran.

Business • 17 hrs

Oil prices rise on stalled US-Iran talks

Oil prices rose today and were on track for significant monthly gains on stalled US-Iran peace talks and tightening US fuel markets.

Business • 30 Sep

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

Oil prices jumped about 4% to a one-week high today Yemen's Iran-backed Houthis fired missiles at Saudi Arabia and diplomatic talks between the US and Iran showed little sign of progress.

Business • 24 Sep

Oil holds near two-week lows as diesel hits record peak

Oil prices held near their lowest in more than two weeks today as improving Gulf crude supplies weighed on the market, though diesel refining margins hit a record high on potential restrictions to US diesel exports.

Business • 23 Sep

STRAIT OF HORMUZ, IRAN â" SEPTEMBER 11: Commercial vessels are seen anchored between Iranâs Qeshm and Larak islands amid disruptions to maritime traffic in the Strait of Hormuz, Iran on September 11, 2026. The number of commercial vessels passing through

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

Oil prices fell to a two-week low today as prospects for Gulf supplies improved, with Iran signaling it could reopen the Strait of Hormuz within seven days and Saudi Arabia set to resume exports from its Red Sea port of Yanbu.

Business • 22 Sep

A view of the Motor Oil refinery in Agioi Theodoroi near Corinth, Greece, on March 4, 2026, shows that the conflict involving Iran disrupts global energy markets, sending oil and gas prices surging for consumers and fueling broader inflation. (Photo by Ni

Oil slides to 11-day low on hopes of US-Iran diplomacy

Oil prices slid towards the psychological threshold of $100 a barrel and to their lowest in 11 days as investors hoped for diplomatic progress on the Iran war due to this week's UN meeting, and eyed a partial recovery in shipments from Saudi Arabia.

Business • 21 Sep

Oil dips on easing fears over Saudi supply disruption

Oil prices fell today as easing concerns over Saudi supply disruptions outweighed anxiety about a widening of conflict across the Middle East.

Business • 18 Sep

Oil down 3% to 1 week low as supply disruption fears ease

Oil prices eased about 3% today to a one-week low, extending losses as reports of additional Saudi crude cargoes through Oman eased supply concerns, though prices stayed above $100 a barrel on fears the Middle East conflict could widen.

Business • 17 Sep

Oil slips as Saudi Arabia offers more crude via Oman

Oil prices fell today as reports that Saudi Arabia was offering additional crude cargoes via Oman eased concerns about the scale of Middle East supply disruptions, while European diesel prices hovered near a record high.

Business • 16 Sep

Oil jumps nearly $3 as Saudi export halt

Oil prices rose nearly $3 today after a report said oil loadings at Saudi Arabia's Red Sea port of Yanbu have been suspended.

Business • 15 Sep

Oil prices soar over 4% after Saudi strikes

Oil prices jumped over 4% to a 16-week high tpday after new strikes on Saudi Arabian energy infrastructure and attacks on ships in the Middle East compounded energy supply concerns.

Business • 14 Sep

Vessels are seen anchored in Bandar Abbas along the Strait of Hormuz

Oil falls but on track for 8% weekly gain on supply fears

Oil prices fell today but remained on course for a weekly gain of more than 8% while US diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.

Business • 11 Sep

Oil jumps to $107 a barrel on Middle East tanker attacks

Oil prices jumped 5.7% today with benchmark Brent crude hitting $107 a barrel after the biggest spike in attacks on shipping since the Iran war began spurred trader concerns about supply disruptions.

Business • 10 Sep

A history of oil price swings this century

Brent North Sea crude, the international benchmark, topped $100 a barrel today after a flare-up in the US-Iran war since the end of August that risks fresh disruption to oil supplies.

Business • 09 Sep

Brent crude rises above $100 a barrel as war escalates

Brent crude futures breached $100 a barrel today for the first time since July 24 as escalating attacks in the Middle East, including on tankers, stifled hopes of a normalisation of oil shipping in the region.

Business • 09 Sep

Oil rises after Houthi attacks on Saudi energy facilities

Oil prices hit multi-week highs today after Iran-backed Houthis attacked Saudi energy facilities and Tehran threatened the US with "economic warfare".

Business • 08 Sep

3d render Black Oil Barrels and Financial Charts on Stack of $100 Bills, Oil and Finance Concept (Depth Of Field)

Why isn't oil above $100 despite supply disruptions?

Global oil benchmark Brent crude has rallied this month but stayed below $100 a barrel despite recent escalation in the US-Iran conflict that has disrupted Gulf exports from the Strait of Hormuz and the Red Sea.

Business • 08 Sep

Oil pump with an Iran flag in the background

Oil prices hold near six-week highs on US-Iran attacks

Oil prices were near six-week highs today, creeping closer to $100 a barrel, as tit-for-tat strikes between the US and Iran on vessels sailing in the Strait of Hormuz and other areas kept crude oil flows in the Middle East low.

Business • 07 Sep

Oil heads for weekly gain as US-Iran fighting resumes

Oil prices were on course to gain over 6% for the week as the US and Iran resumed military exchanges in their conflict, now in its seventh month, while US diesel prices hit a record high.

Business • 04 Sep

Oil prices rise on escalation in Middle East

Oil prices rose today after US strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruptions to Middle East supplies.

Business • 03 Sep

An oil pump jack,oil horse, oil jack, beam pump extracting crude oil from oil well in a desert in the Middle East

Oil prices rises again as traders weigh supply risks

Oil prices gained ground again today, having earlier retreated from recent highs reached earlier in the session, with traders weighing the risk of supply disruptions after overnight strikes by the US and Iran against signs that crude supplies continue to reach the market.

Business • 02 Sep

Oil up over 3.7% as renewed US-Iran strikes stoke fears

Oil prices rose more than 3.7% today as a resumption in fighting between the US and Iran in the Middle East renewed fears of supply disruptions from the oil-producing region.

Business • 01 Sep

Satellite image of the Qeshm–Larak Passage in the Strait of Hormuz

Oil rises over 2% as US and Iran resume military attacks

Oil prices rose more than 2% today after the US attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.

Business • 31 Aug

Oil dips as Hormuz flows balance slow progress in talks

Oil prices fell today and were on track for a weekly drop as traders weighed crude flows making it through the Strait of Hormuz against the deadlock in US-Iran diplomacy.

Business • 28 Aug