- January 29th, 2026
Oil prices hover around four-month high, buoyed by Iran concerns, weak dollar
Oil prices rose to their highest since late September on Wednesday on looming Iran concerns while a weak U.S. dollar lent further support. ›
Oil prices rose to their highest since late September on Wednesday on looming Iran concerns while a weak U.S. dollar lent further support. ›
Oil prices settled 3% higher on Tuesday as producers reeled from a winter storm that hobbled crude production and drove U.S. Gulf Coast crude exports to zero over the weekend. ›
Oil prices settled slightly lower on Monday after climbing more than 2% in the previous session as investors assessed the impact on output in U.S. crude-producing regions from winter storms and the impact of any tensions between the U.S. and Iran. ›
Prices jump in the US and Europe, as cold weather drives up demand and threatens supplies. ›
Oil prices rose on Monday after climbing more than 2% in the previous session, due to production disruptions in major U.S. crude-producing regions. ›
Europe will import record volumes of liquefied natural gas this year, deepening its reliance on the volatile global market, according to the International Energy Agency. ›
Oil prices rebounded on Friday after U.S. President Donald Trump renewed threats against major Middle Eastern producer Iran, raising concerns of military action that could disrupt supplies. ›
US and European natural gas futures have posted multiday rallies this week as freezing weather sweeps across major markets for the fuel, sparking a wave of short-covering amid risks of stronger heating demand and disrupted production. ›
Oil prices slipped on Thursday after gaining in previous sessions, as investors assessed the supply and demand outlook, while a report showing a rise in U.S. crude and gasoline stocks last week weighed on prices. ›
Oil prices fell on Wednesday as an expected build-up of U.S. crude inventories outweighed a temporary halt in output at two large fields in Kazakhstan and geopolitical pressure from U.S. threats of tariffs over its bid to gain control of Greenland. ›