Brent crude futures were down 66 cents, or 1%, at $64.56 a barrel at 1016 GMT. U.S. West Texas Intermediate crude was down 61 cents, or 1%, to $60.90. “Finally having some kind of peace process in the ...
Iran is ramping oil production back to record 2024 levels of around 4.3 million barrels per day, despite U.S. and Israeli airstrikes and ongoing sanctions. Russia is leading new development efforts in ...
HOUSTON, Oct 9 (Reuters) - Oil prices settled lower on Thursday after Israel and the Palestinian militant group Hamas signed an agreement to cease fire in Gaza. Brent crude futures closed down $1.03, ...
Oil prices fell in early morning trade on Thursday in Asia as Israel and Hamas agreed to a pause in fighting and a hostages-for-prisoners exchange, under a framework advanced by the Trump ...
Oil prices have dropped below the $60-$80 WTI range, with a 16.7% decline year-to-date, signaling sector weakness. EIA data projects a significant global oil supply glut in 2024-2025, with inventories ...
NEW YORK - APRIL 15: Traders call out during activity in the crude oil options area on the floor of the New York Mercantile Exchange April 15, 2008 in New York City. Oil prices set a new record high ...
DUBAI, United Arab Emirates — Iran on Saturday confirmed seizure of a Marshall Islands-flagged oil tanker as it traveled through the narrow Strait of Hormuz over violations including carrying an ...
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