Oil prices were on track for a weekly decline on Friday after U.S. President Donald Trump extended a pause in attacks on Iran’s energy plants for 10 days, though investors remained on edge as an imminent resolution to the conflict looked unlikely. ›
Oil rose about 2% on Thursday, clawing back losses from the previous session on concerns that protracted fighting in the Middle East will further disrupt energy flows. ›
Oil prices sank about 4% on Wednesday after reports the United States had sent Iran a 15-point proposal aimed at ending the war in the Middle East, raising prospects of a ceasefire that could ease supply disruptions in the region. ›
Oil prices rose on Tuesday on supply fear, as Iran denied it had talks with the United States to end the war in the Gulf, contradicting U.S. President Donald Trump who said a deal could be reached soon. ›
European natural gas futures resumed gains as traders watched the US and Iran exchange threats over the Strait of Hormuz, adding nervousnesses to an already volatile market. ›
Oil prices rose on Monday after Iran’s Revolutionary Guards said they would target Israel’s power plants and those supplying U.S. bases in the Middle East in retaliation against any attack on its electricity sector. ›
European traders are bracing for a prolonged disruption to supplies from the world’s largest liquefied natural gas plant in Qatar, with a sharp rise in prices for delivery in 2027 this week. ›
Oil prices gained on Friday despite leading European nations, Japan and Canada offering to join efforts to secure safe passage for ships through the Strait of Hormuz and the U.S. outlining moves to boost oil supply. ›
Oil prices jumped on Thursday, with benchmark Brent rising to its highest in more than a week to more than $115 a barrel, after Iran attacked energy facilities across the Middle East following Israel’s strike on its South Pars gas field, a major escalation in the war. ›
Oil prices fell on Wednesday after crude exports resumed from Iraq’s Kirkuk fields to Turkey’s Ceyhan port via pipeline, providing modest relief to global markets concerned about supplies from the Middle East. ›
