Oil drilling rigs Oil prices deepened their losses during trading today, July 27, following a halt in the tit-for-tat military strikes between the US and Iran after two weeks of escalating confrontations, boosting market hopes for a diplomatic solution to the crisis. ING analysts said in a note to clients that oil prices dropped in […]
Oil falls 7%, Brent crude slips below $90 Read More »
Oil prices tumbled more than 6% on Monday after the US and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz. Brent crude futures fell $6.20, or 6.4%, to $90.58 by 0620 GMT after
Oil prices dip over 6% after US, Iran pause fighting over weekend Read More »
Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place, easing concerns over nearly two weeks of escalating conflict. International
Oil slides 5% as Iran reportedly signals halt to attacks if U.S. pause holds Read More »
Oil prices tumbled 4% on Monday after the U.S. and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz. Brent crude futures fell $3.96, or 4.1%, to $92.82 by 0329 GMT after briefly slipping
Oil slips 4% after US, Iran pause fighting over weekend Read More »
Commercial buildings illuminated at dusk in Singapore, on Monday, Feb. 2, 2026. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Singapore on Monday unexpectedly tightened its monetary policy for a second consecutive time, moving preemptively against a renewed oil price surge even as inflation at home stays subdued. The Monetary Authority
