Opec

Oil settles lower on clues about Fed policy, rumours of Hormuz deal

2026-08-29T00:32:43.000Z
Iran and Oman are working on finalising details of an agreement to control the Strait of Hormuz.

Oil prices extend losses on expectations talks will ease Middle East supply woes

2026-08-27T02:06:06.000Z
Brent crude futures fell US$1.23, or 1.3 per cent, to US$93.16 by 0329 GMT on Monday.

Oil falls as US prepares to unveil new Iran sanctions

2026-08-24T07:18:42.000Z
Oil has rallied more than 50% in 2026 as the US-Iran war threw the Middle East into turmoil.

Oil set for weekly surge as US seeks to throttle Iran’s economy

2026-08-21T08:11:40.000Z
Brent crude futures for October delivery rose 25 cents, or 0.3 per cent, to US$91.87 a barrel by 0037 GMT on Thursday.

Oil prices steady as investors assess US-Iran war outlook

2026-08-19T22:03:23.000Z
Brent crude futures climbed 69 cents, or 0.8 per cent, to US$91.71 by 0415 GMT on Wednesday.

Oil extends climb on prolonged Hormuz export uncertainty

2026-08-19T04:57:57.000Z
While the deal-related uncertainty lasts, an analyst expects oil prices to range within US$80 and US$100 a barrel in the near term.

Oil climbs as fading US-Iran peace hopes raise supply risks

2026-08-18T05:50:34.000Z
Brent futures finished US$1.91, or 2.15 per cent, lower at US$87.07 a barrel on Thursday.

Oil settles down 2% on weak demand outlook, hefty US crude build

2026-08-13T22:04:22.000Z
Crude inventories rose by 17.4 million barrels to 424.4 million barrels in the week ended Aug 7, their highest since Jun 5.

Oil drops on lower demand forecasts despite deadlock in US-Iran talks

2026-08-13T02:41:11.000Z
Vessels in the Strait of Hormuz, as seen from Musandam, Oman, Aug 3, 2026.

Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fade

2026-08-10T22:08:19.000Z