Price of Brent oil up above $78 per barrel on ICE first since June 23

Brent crude tops $80 per barrel on ICE for first time since June 22

WTI crude futures for August delivery rose to 75.76 per barrel

Oil prices jump more than 6% and stocks fall after Trump says ceasefire with Iran is 'over'

The price for a barrel of Brent crude oil, the international standard, rose to about 79 US on Wednesday following the resumption of strikes in the Middle East. Major U.S. indexes also followed global markets on a downward trajectory.

World : Brent Crude Rallying To US$78 Per Barrel After US Strikes On Iran

MOSCOW, July 13 (Bernama-Sputnik/RIA Novosti) -- The price of Brent crude oil rose by about US2 to US78 per barrel amid reports of US strikes on Iran, according to trading data, reported Sputnik/RIA Novosti.

OPEC+ Ups Its Production Quota for August, but Fighting Resumes in the Middle East

Brent crude oil, the international benchmark, dropped after OPEC Plus announced it would modestly increase production. Oil prices were trading The post OPEC+ Ups Its Production Quota for August, but Fighting Resumes in the Middle East appeared first on IER.

Oil prices rise at settlement; Brent hits $74.16 per barrel

Oil prices rise at settlement; Brent hits $74.16 per barrel

Global oil prices surge by 4 per cent following fresh Iranian strikes across Gulf region

New Delhi [India], July 13 (ANI): Oil prices jumped on Monday as Iran attacked Gulf states in response to US strikes in Tehran. Consequently, Brent Crude stood at USD 79.17, reflecting a rise of USD 3.16, or 4.16 per cent, at the time of filing. At the same time, crude oil stood at USD 74.47, gaining USD 3.06 or 4.29 per cent. The price movement followed a wave of military actions that disrupted the critical Str

Current price of oil as of July 7, 2026

As of 9 a.m. Eastern Time today, oil is trading at 73.29 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s 93 cents above yesterday morning’s level and about 2.80 higher than where it stood a year ago. Oil price per barrel Change Price of oil yesterday 72.36 +1.28 Price []

Global oil output to return to pre-Iran war level by year's end, US EIA says

Global benchmark Brent crude oil prices will average around 74 a barrel in the spot market during the third quarter of this year, down ‌from an average of 85 in June: EIA

Australian shares wobble, oil lifts on Gulf escalation

Oil prices have started the week higher as conflict escalated in the Persian Gulf, prompting Iran to claim it has again closed the Hormuz Strait to traffic.

Oil jumps above $75 a barrel after Trump reinstates Strait of Hormuz blockade

Oil prices jumped Monday after President Donald Trump said the U.S. would reimpose a naval blockade against Iran as Tehran and Washington battle to control the Strait of Hormuz. Brent crude futures, the international benchmark, advanced 5.3 to 80 per barrel. West Texas Intermediate futures were last seen 5.3 higher at 75.18. “We are reinstating []...Click to read more

Oil prices decline after OPEC+ agrees to increase output

London, July 6 (SANA) Oil prices fell in global trading on Monday after OPEC+ agreed to a further increase in production targets starting in August, while exports through the Strait of Hormuz continued to recover, paving the way for increased supplies to the global market. Reuters reported that Brent crude futures fell 24 cents, or []

Oil prices jump after renewed Middle East escalation

Global oil prices surged by more than 3 on Wednesday after the United States launched strikes against Iran in response to attacks on three oil tankers in the Strait of Hormuz. The price of Brent crude rose 3.2 to US76.54 per barrel in Wednesday morning trading, while West Texas Intermediate (WTI) crude also climbed 3.2 [] The post Oil prices jump after renewed Middle East escalation appeared first on Baltic News Network.

Oil prices jump after weekend US and Iran attacks

Benchmark Brent crude rose 4 to 79 US dollars a barrel as America and Iran both claimed control over the vital Strait of Hormuz.

Crude oil prices rise after Trump declares end to ceasefire with Iran

Crude oil prices rose on Wednesday after United States President Donald Trump declared the ceasefire with Iran over. Checks by DAILY POST on Wednesday showed that Brent and West Texas Intermediate crude rose by around 4 percent to 77.74 per barrel and 73.52 per barrel, from 72 and 68 per barrel, respectively, on Tuesday. DAILY POST reports that Trump said [] Crude oil prices rise after Trump declares end to ceasefire with Iran

Oil prices spike after Trump declared ceasefire with Iran ‘over’

Oil prices soared after the United States launched strikes against Iran and President Donald Trump declared the ceasefire “over.” After U.S. Central Command announced new strikes against Iran, Brent Crude jumped over 3.2 to 76.48-76.54 per barrel. U.S. benchmark West Texas Intermediate similarly jumped 3.2 to around 72.72 per barrel. The situation worsened after Trump []

Oil jumps 3% after US, Iran escalate strikes in Mideast

Oil prices climbed Monday as Iran expanded strikes on Gulf states. U.S. West Texas Intermediate crude rose and Brent crude futures climbed. Tehran extended strikes on Qatar and the United Arab Emirates over the weekend. This cycle of attacks casts doubt on an interim U.S.-Iranian agreement. Market analysts suggest the current flare-up represents an escalation within a fragile truce.

Oil surges after U.S. launches strikes on Iran

WASHINGTON: Oil prices jumped Wednesday after the U.S. military launched a series of strikes against Iran in retaliation for attacks on three commercial vessels in the Strait of Hormuz, raising tensions just weeks after a fragile ceasefire reopened the critical waterway. West Texas Intermediate crude for August delivery rose 2.87 to settle at 72.46 per ... Read more The post Oil surges after U.S. launches strikes on Iran appeared first on BOL News.

Commodities: The Battle Of Hormuz Lifts Oil Prices

Commodities: The Battle Of Hormuz Lifts Oil Prices

Oil Prices Post Weekly Gains as Middle East Supply Risks Keep Markets on Edge

Oil prices ended lower on Friday as easing concerns over immediate supply disruptions helped push crude off midweek highs, but renewed tensions in the Middle East kept markets supported and delivered strong weekly gains.

The Commodities Feed: The battle of Hormuz lifts oil prices

Further escalation in the Persian Gulf has oil prices moving higher amid renewed concerns over flows through the Strait of Hormuz

Azeri Light crude price rises above $73 per barrel

The price of Azerbaijan's Azeri Light crude oil increased in international markets, AzerNEWS reports.

Brent Crude Surges Above $80 for First Time Since June, US-Iran Tensions Shake Global Oil Markets

Global oil prices surged sharply on Wednesday, with Brent crude briefly climbing above 80 per barrel for the first time since June 22, as escalating geopolitical tensions in the Middle East reignited concerns over global energy supplies. Trading data showed that Brent crude futures for September delivery jumped nearly 8 during the session. At 15:09 GMT, the benchmark contract was trading at 79.93 per barrel, up 7.78, after briefly crossing the psychologically significant 80 threshold earlier in the day. West Texas Intermediate (WTI) crude for August delivery also posted strong gains, rising 7.27 to 75.56 per barrel. The rally marked

Oil Edges Lower on OPEC Increase, Dollar Steady: Markets Wrap

Oil opened lower as energy flows through the Strait of Hormuz persisted and OPEC+ signaled higher supplies. Traders were also focused on the Korean won’s first day of 24-hour trading.

Oil and Gas Oil prices jump more than 4% after Trump threatens to bomb Iran again

Oil prices spiked Wednesday, after President Donald Trump threatened to bomb Iran again after declaring the ceasefire with the country over. West Texas Intermediatefutures were 4.9 higher at 73.89 per barrel. Brent crude, the international benchmark, jumped 5.2 to 78.02 per barrel. Both were off earlier highs over 6. During a joint press conference with NATO chief Mark Rutte at the military alliance's summit in Ankara, Turkey, on Wednesday, Trump was asked whether the U.S. ceasefire with Iran was over.

ASX set to slip, oil surges as Trump reinstates Hormuz blockade

Oil prices are climbing following a weekend of attacks in the Middle East, while more losses for computer chipmakers and other winners of the artificial-intelligence boom weigh on stock markets.

Oil is surging and AI stocks are sinking as Trump reinstates the Iran blockade

Brent crude climbed above 82 a barrel Monday after Trump declared the U.S. Guardian of the Hormuz Strait and renewed fighting slowed tanker traffic to a trickle