Brent Crude

The European Union will not lower the price cap on Russian oil due to the escalation of the conflict in the Middle East. The proposal to lower the price from $60 to $45 per barrel has been postponed due to market instability.

China reached record crude oil reserves of 1. 18 billion barrels to protect against disruptions from the Middle East. This allows refineries to maneuver in conditions of potential disruptions in oil supply, particularly from Iran.

Brent crude oil prices have cut their gains and fallen by almost $2 after the US postponed a decision on the conflict between Israel and Iran. Brent crude is heading for its third week of rising prices.

Brent and WTI oil futures fell on Thursday. Investors are awaiting signals from the US regarding the Iran-Israel conflict and the Fed's decision on interest rates.

Iran has sharply increased oil exports following the escalation of the conflict with Israel. The country seeks to maintain revenues by dispersing tankers and ensuring supply stability through the Strait of Hormuz.

European gas prices have been rising for the sixth consecutive day due to fears of escalation between Israel and Iran. This could disrupt shipping in the Strait of Hormuz, a key energy route.

Brent crude oil rose by 0. 3% to $76.71 per barrel, WTI - by 0.5% to $75.19. The market is concerned about supply disruptions through the Strait of Hormuz.

Prices for Brent and West Texas Intermediate crude oil have increased. Investors are concerned about possible supply disruptions through the Strait of Hormuz amid the conflict between Iran and Israel.

After the escalation of the conflict between Israel and Iran, oil prices are rising again. Fears of supply disruptions through the Strait of Hormuz are putting pressure on the market.

The US does not plan to lower the limit price for Russian oil in the G7. The EU and Britain want to lower the ceiling to $45 per barrel to put pressure on Russia's income.

Following Israeli airstrikes on Iran, tourism stocks fell while energy and defense stocks rose. The S&P 500 fell, and the price of oil rose the most since 2020.

Brent crude rose to $78 a barrel, the biggest jump since 2022. Israel has struck Iran's nuclear program, raising fears of oil supply disruptions.

Brent and WTI oil prices are rising amid the resumption of trade talks between the US and China. Saudi Arabia has cut oil prices for Asia.

Prices stabilized after falling more than 1% due to increased gasoline and diesel inventories in the US. Saudi Arabia also cut July prices for Asia.

Oil prices rose on concerns Iran may reject a U. S. proposal on a nuclear deal. A wildfire in Canada also led to the shutdown of oil production.

OPEC+ decided to increase oil production in July by 411,000 barrels per day. Brent and WTI oil prices rose after falling last week.

Oil prices are falling due to expectations of increased OPEC+ production in July. Uncertainty is also added by the decision on Trump's tariffs, which have been temporarily restored.

Oil quotes were supported by the US ban for Chevron to export oil from Venezuela and possible sanctions against Russia. Expectations of increased OPEC+ production are holding back price increases.

Oil prices rose after Trump extended trade talks with the EU. Also, limited progress in talks between the US and Iran reduced concerns about Iranian oil.

Brent and WTI crude fell more than 2%, weekly decline for the first time in three weeks. OPEC+ is considering increasing production by 411,000 barrels per day.

Oil prices fell after the US government released data on increased inventories of crude oil, gasoline and distillates. At the same time, concerns remain about a possible Israeli strike on Iranian nuclear facilities.

Brent crude futures fell by 0. 5%, WTI also fell by 0.5%. The reason was traders' expectations of a potential jump in oil inventories in the US.

Oil prices rose in Asian trading, recovering from a fall to their lowest level since 2021. The reason for the fall was concerns about the consequences of the trade war between the US and China.

Oil prices continue to decline, heading for their biggest monthly drop in more than three years. The reasons are the trade war and fears about increasing supply.

Brent crude fell to $65. 42 a barrel, WTI to $61.65. Economists fear a recession due to the trade war, Barclays lowered its oil price forecast.

Oil prices rose due to US-China trade talks and a possible increase in OPEC+ supply. Brent rose to $67.08, WTI to $63.26 per barrel.

Global oil prices rose by almost 1% due to sanctions against Iran and a reduction in US reserves. Brent price exceeded $68 per barrel.

Brent crude futures rose 0. 5%, WTI - 0.7%. Investors are closing short positions, fearing a recession due to tariffs and US monetary policy.