Oil erased an earlier increase as concerns over fresh attacks between the US and Iran were offset by continued signs of rising oil flows through the Strait of Hormuz and depressed Chinese consumption. ›

China has started tapping its commercial crude reserves to help offset the supply shock from the Iran war, although the world’s biggest oil importer is continuing to prioritize lower refinery use and fuel export limits to manage the fallout. ›

Liquefied natural gas prices are set to climb to levels not seen in more than three years as hotter weather in Asia and restocking needs in Europe boost demand, according to Morgan Stanley. ›

Oil declined after Israel and Iran agreed to stop attacking each other following a flare-up in violence, while new data shed a light on the extent of a drop in Chinese imports. ›

Oil surged after Iran and Israel exchanged fire, threatening a fragile ceasefire in the Middle East as talks to end the war falter. ›

European natural gas prices headed for a weekly gain as uncertainty over the prospects for a peace deal between the US and Iran dominated sentiment after fighting in the Middle East intensified. ›

Oil prices edged down after Oman said operations at Mina al Fahal port were proceeding normally, following a Reuters report that oil loadings had been suspended after an explosion. ›

Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to ​end the U.S.-Israeli war with Iran that could lead to a reopening of the ‌Strait of Hormuz. ›

Oil prices rose over 1% on Wednesday, extending gains from the previous session, as hostilities in the Middle East erupted anew and talks between Tehran and Washington showed little ​progress. ›

Oil prices trended lower on Tuesday following the previous session’s sharp gains as ​the market remained cautious about progress in U.S.-Iran peace talks. ›