LONDON, June 30 (Reuters) - No cargoes of North Sea Brent crude oil are scheduled to load in August as ‌production steadily declines, traders told Reuters on Tuesday, marking a milestone for the ...

Morgan Stanley has slashed its oil price forecasts for the next 18 month as it expects the reopening of the Strait of Hormuz to accelerate a new supply glut. The return of oil supply from the Middle ...

Brent climbs above $73 as West Texas Intermediate drops amid uncertainty over oil exports Oil prices traded mixed on Tuesday (June 30) as investors weighed the prospects of renewed US-Iran diplomacy ...

Brent crude gained 3% to $99/bbl while WTI fell 4% to $92.60 after U.S. strikes on Iranian missile sites and naval assets, a rare divergence from their usual correlation. The split reflects structural ...

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The U.S. Energy Information Administration increased its 2026 Brent oil price projection in its latest short term energy outlook. The U.S. Energy Information Administration (EIA) increased its 2026 ...

The price for actual Brent oil cargos came in above $120 per barrel on Wednesday, nearly $30 more than the June futures contract. The spot price shows that oil supplies will stay tight for some time, ...

Pippa Stevens reports on the growing disconnect between oil's physical and financial markets, which has seen spot Brent hit its highest level since the financial crisis. Got a confidential news tip?

Brent crude touched $115 a barrel on Monday amid new threats from President Trump that the U.S. could destroy Iranian infrastructure, including power plants and oil wells, if the Strait of Hormuz ...

Brent crude oil prices on Thursday briefly topped $119 per barrel before dropping back down. Prices had dropped to about $112 per barrel mid-morning after spiking earlier as Iran attacked Gulf energy ...

This week, as the US and Israeli war against Iran continued to expand across the Middle East, traders and analysts have been fretting about “Brent” as if he’s an old, wayward friend: “Brent” got the ...

March 4 (Reuters) - UBS on Wednesday raised its average Brent crude oil price forecasts for the first quarter and ‌full year 2026, citing escalating conflict in the Middle East and the current near de ...