Oil prices

Oil settles up 4% on Iran-US tensions, Russia-Ukraine talks end without breakthrough

[HOUSTON] Oil prices settled up by more than 4 per cent on Wednesday as traders priced in potential supply disruptions amid concerns of conflict between the US and Iran, and after talks between Ukrain...

Brent crude oil futures are up US$1.85, or 2.7%, to US$69.27 a barrel while US West Texas Intermediate crude is up US$1.78, or 2.9%, at US$64.11.

Oil gains nearly 3% after abrupt end to Russia-Ukraine talks

Ukraine peace talks end in Geneva after Zelenskiy says Russia stalling

Brent futures fell US$1.23, or 1.8%, to settle at US$67.42 a barrel.

Oil prices slide 2% to two-week low on talk of progress in US-Iran talks

Investors are closely watching US-Iran relations as any escalation or conflict could lead to Iran closing the Strait of Hormuz

Brent traded close to US$68 a barrel while West Texas Intermediate was near US$63.

Oil prices steady with focus on geopolitical risk before Iran talks

It has rallied about 10% this year as escalating tensions with Iran outshine concerns over a building glut

Brent crude oil futures settled at US$67.52 a barrel, down US$1.88, or 2.71 per cent on Thursday.

Oil prices fall on supply forecast, easing risk

[HOUSTON] Oil prices dropped on Thursday due to falling demand, retreating fears of renewed Middle East conflict and expected increases in supply.

Brent crude oil futures settled 60 cents, or 0.87 per cent, higher at US$69.40 a barrel on Wednesday.

Oil up 1% as Middle East tension offsets large US crude stocks build

[NEW YORK] Oil prices gained about 1 per cent on Wednesday, as investors worried about escalating tensions between Iran and the US, which were preparing to resume negotiations, while a weekly report s...

Brent futures fell 24 cents, or 0.3 per cent, to settle at US$68.80 a barrel on Tuesday.

Oil prices steady as Iran-US tensions and US data eyed

[NEW YORK] Oil prices were little changed on Tuesday as the market waited for direction from news on diplomatic relations between the US and Iran, efforts to end Russia’s war in Ukraine and data on th...

Brent crude oil futures settled up 99 cents, or 1.5 per cent, at US$69.04 a barrel on Monday.

Oil settles up more than 1% after US urges caution for vessels near Iran

[NEW YORK] Oil prices settled more than 1 per cent higher on Monday after the US Department of Transportation issued an advisory to US-flagged vessels to stay as far as possible from Iranian territory...

Brent crude futures fell 49 cents, or 0.72 per cent, to US$67.56 a barrel by 0134 GMT on Monday.

Oil drops as US, Iran pledge to continue talks

[SINGAPORE] Oil prices fell on Monday after the US and Iran pledged to continue talks over the Middle Eastern producer’s nuclear programme, easing concerns about a possible conflict that could disrupt...

Brent crude futures settled at US$68.05 a barrel, up 50 cents, or 0.74%.

Oil prices climb on worries of possible Iran-US conflict

[HOUSTON] Oil prices settled higher on Friday (Feb 6), reversing earlier losses as traders worried that this week’s talks between the US and Iran had failed to reduce the risk of a military conflict b...