OPEC
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financeUS Military Strikes on Iran Trigger 4% Surge in Crude Oil Prices
Crude oil prices jumped 4% after US military strikes against Iran, raising fears of supply disruptions through the critical Strait of Hormuz.
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financeOil Giants' Profits Surge Amid US-Iran Tensions, Sparking Government Discontent
Major oil companies are set for substantial Q2 profits as US-Iran tensions and Strait of Hormuz disruptions drive prices higher, prompting concern from governments.
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financeUAE Oil Output Hits Record 4.1 Million Barrels Per Day After OPEC Exit
The UAE pumped a record 4.1 million barrels per day in June, marking a dramatic increase since leaving the OPEC cartel.
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financeOil Prices Jump After U.S. Strikes on Iran Escalate Strait of Hormuz Tensions
U.S. and Brent crude oil futures climbed after American military action against Iranian targets, raising fears of disruption in the critical Strait of Hormuz.
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financeBrent Crude Drops Below $71 as US-Iran Talks Show Progress
Oil prices hit a multi-month low as diplomatic progress between Washington and Tehran reduces fears of supply disruption from the Persian Gulf.
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financeGulf Markets Rise on US-Iran Ceasefire, Strait of Hormuz Reopens
Saudi and Dubai markets gain after a US-Iran ceasefire agreement reopens the critical Strait of Hormuz. Oil prices fall as geopolitical risk premiums ease.
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financeOil Prices Hit Pre-War Levels After U.S.-Iran Peace Deal
Crude oil has fallen to $72 per barrel following a peace agreement between the U.S. and Iran, which reopened the strategic Strait of Hormuz.
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financeSurge in Oil Supply Expected to Alleviate Market Tightness
An influx of oil supply may impact crude prices and market dynamics significantly.