Brent traded below $85 on Thursday but remained near one-month highs as escalating hostilities in the Middle East continued to support prices and weigh on investor sentiment.The US intensified its strikes against Iran, reportedly targeting an oil tanker near the country's main export terminal for t…
Brent climbed above $85 per barrel on Thursday, extending gains for a fourth consecutive session as the US stepped up its military campaign against Iran in an effort to safeguard shipping through the Strait of Hormuz.US forces carried out fresh airstrikes on Wednesday, targeting Iranian missile sto…
Brent rose above $85 a barrel on Wednesday, extending gains for a third consecutive session to one-month highs, as escalating tensions in the Middle East continued to fuel supply concerns.The move followed another round of US strikes against Iran and the reinstatement of a naval blockade targeting…
Brent climbed above $84 per barrel on Tuesday, bringing gains for the week to more than 10%, after President Donald Trump reinstated a blockade on Iranian vessels transiting the Strait of Hormuz and announced that all other cargo passing through the waterway would be subject to payment requirements…
Brent climbed more than 3% to above $78 per barrel on Monday, snapping a two-day losing streak after the US and Iran exchanged fresh missile strikes over the weekend amid ongoing tensions over shipping through the Strait of Hormuz.The US carried out its fourth strike in a week against Iran on Sunda…
Brent crude oil held above $76 per barrel on Friday and remained on track for a weekly gain of nearly 6% as renewed US-Iran strikes delayed a full recovery in tanker traffic through the Strait of Hormuz.Despite the escalation, negotiations between Washington and Tehran toward a longer-term agreemen…
Brent held near $76 per barrel on Friday after dropping about 2% in the previous session, as reports indicated that the US and Iran will continue peace negotiations despite a recent escalation in hostilities that disrupted energy shipments through the Strait of Hormuz.Even so, international benchma…
Brent crude oil slipped below $73 per barrel on Thursday after surging 4.4% in the previous session, its biggest daily gain since May, as investors reassessed the impact of renewed US–Iran tensions on Middle East supply.The latest escalation, including additional US strikes on Iran and retaliatory…
Brent climbed toward $79 per barrel on Thursday and was up nearly 10% for the week, after the US military confirmed it had carried out strikes on Iran for a second straight day, intensifying tensions and fueling concerns over energy supplies from the Middle East. The US said the attacks were intend…
Brent surged above $76 per barrel on Wednesday and was up more than about 6% so far this week, after the US military carried out fresh air strikes in Iran and revoked a waiver that had allowed the country to sell crude on global markets.The actions followed a series of recent attacks on vessels tra…
Brent crude oil approached $73 a barrel on Tuesday after attacks on commercial shipping in and around the Strait of Hormuz heightened concerns over more disruptions to global energy supplies.The incident renewed concerns among shipowners and raised questions over the durability of the US-Iran agree…
Brent crude rose toward $73 per barrel on Tuesday, reaching a one-week high after a fully laden LNG carrier owned by a Qatar state shipping company was struck by a projectile near the Omani coast while exiting the Strait of Hormuz.The incident renewed concerns among shipowners and raised questions…
* Prices are delayed.** Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own. His analyses are exclusively published on the Workspace platform - a London Stock Exchange product.No information in this analysis should be considered business, fina…
Brent Crude oil traded below $72 a barrel on Monday, hovering near its lowest levels since late February as maritime flows through the Strait of Hormuz steadily recovered and OPEC+ signaled an increase in global supplies.OPEC+ members approved a quota increase of 188,000 barrels per day for next mo…
* Prices are delayed.** Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own. His analyses are exclusively published on the Workspace platform - a London Stock Exchange product.No information in this analysis should be considered business, fina…
