Opec

Oil prices ease to settle near 4-week low on hopes peace talks will end wars

2026-11-03T22:10:38.000Z
Brent crude futures settled US$8.66, or 7.63 per cent, lower to US$104.77 a barrel on Monday.

Oil drops 7% as Iran signals openness to peace talks

2026-11-02T22:05:05.000Z
Brent crude futures fell US$1.59, or 1.4 per cent, to US$111.84 a barrel by 0011 GMT.

Oil slips more than 1% as talks continue on ending Iran war

2026-11-02T02:21:23.000Z
A Nov 1 meeting of seven core Opec+ members comes as Gulf members have been boosting exports that have been disrupted for months by the Iran war. 

Opec+ keeps December oil output targets steady ahead of tougher call for 2027

2026-11-01T04:25:00.000Z
Brent crude futures settled at US$116.72 a barrel, up US$3.55 or 3.14 per cent, its highest since Apr 29.

Oil prices jump US$3 on Houthi attacks, oil spill, highest settlement since April

2026-10-23T23:58:09.000Z
Opec+ needs a capacity review to decide how to distribute increases and any changes to output are unlikely before 2027.

Opec+ agrees to keep November oil output targets steady

2026-10-04T08:35:29.000Z
Brent was up 29 cents, or 0.28 per cent, to US$102.60 per barrel at 0022 GMT on Friday.

Oil rises slightly as market weighs mixed supply signals

2026-10-02T01:27:58.000Z
Saudi Arabia resumed oil tanker loadings from Yanbu, Reuters reported on Tuesday, after earlier restarting operations on its East-West Pipeline.

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

2026-10-01T06:15:22.000Z
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