Oil prices fell on Friday but both major benchmarks are on track to end the week above $100 a barrel for the first time since mid-May, as increasing attacks along key shipping routes in the Middle East fuel fears of a prolonged disruption to supplies. ›
Oil prices dipped on Thursday but Brent crude remained above $100 a barrel as traders braced for deeper supply disruptions after Iran and the United States launched their largest attacks on shipping since their six-month-old conflict began. ›
Benchmark Brent crude oil futures rose past $100 a barrel on Wednesday, breaching the symbolic barrier for the first time since July 24 as intensifying conflict in the Middle East fuelled growing concern about oil flows from the region. ›
European natural gas prices hovered near the highest levels in more than three years as traders race to fill fuel storage facilities ahead of winter, while awaiting details of an Iran-Oman deal on shipping through the Strait of Hormuz. ›
Oil prices extended gains to multi-week highs on Tuesday as risks of a prolonged conflict in the Middle East grew after Iran threatened to retaliate against any new U.S. attacks on its assets, heightening worries over supply disruption. ›
Oil prices rose more than $1 a barrel on Monday as tit-for-tat strikes between the U.S. and Iran on vessels sailing in the Strait of Hormuz and other areas heightened concerns of a prolonged supply disruption from the Middle East. ›
European natural gas headed for a fourth weekly gain as fresh fighting in the Middle East boosted concerns about prolonged supply disruptions and winter fuel inventories. ›
Oil prices were little changed on Friday but kept on track for their steepest weekly gain since mid-July, as rising U.S.-Iran tensions heightened concerns over Middle East supply risks. ›
Europe’s natural gas rally took a breather as US President Donald Trump appeared to rule out prolonged military action in the Middle East, raising hopes for renewed talks on recovering energy flows from the region. ›
Oil prices edged lower on Thursday as investors weighed the uncertainty of renewed military strikes between the U.S. and Iran that risk disrupting supplies from the Middle East. ›
