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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Russia's Novak expects oil demand to pick up in March, April
05:40am, Tuesday, 03'rd Feb 2026
Russian Deputy Prime Minister said on Tuesday that there is currently a balance on the global oil market, while demand will be gradually rising in March and April, when asked about the OPEC+ group's p
Russia-India oil ties as US trade deal targets crude imports
05:17am, Tuesday, 03'rd Feb 2026
U.S. President Donald Trump announced a trade agreement with Indian Prime Minister Narendra Modi on Monday that included a halt to Indian oil purchases from Russia.
Natural Gas and Oil Forecast: Is Oil Stabilizing at $61 or Slipping Toward $60 Next?
02:35am, Tuesday, 03'rd Feb 2026
Oil and gas prices slide as easing geopolitical risk and steady OPEC+ supply push WTI toward $60, while natural gas consolidates near $3.20 support.
India to ramp up purchases of US oil, arms, aircraft
11:46pm, Monday, 02'nd Feb 2026
India is also partly opening up its highly guarded agriculture sector under the trade deal.
Oil Prices Slide as U.S.–Iran Talks Ease Geopolitical Risk and Remove Fear Premium
10:23pm, Monday, 02'nd Feb 2026
Oil prices remain under pressure as easing U.S.–Iran tensions remove the fear premium, a stronger dollar limits demand, and bearish technical signals keep crude locked in a sideways range until key
Oil steady as markets consider possible U.S.–Iran de-escalation, firm dollar
08:30pm, Monday, 02'nd Feb 2026
Oil prices held steady on Tuesday as market participants weighed the possibility of a de-escalation in U.S.-Iran tensions, with a firmer dollar limiting the upside.
Oil Edges Higher as Traders Digest U.S.-India Trade Deal
08:12pm, Monday, 02'nd Feb 2026
Oil edged higher in the morning Asian session as traders digest the U.S.-India trade deal.
Activist shareholder ACCR, pension funds urge BP to show shift to oil and gas will deliver value
07:07pm, Monday, 02'nd Feb 2026
UK and European pension funds and activist shareholder ACCR are pushing BP to publish more information to prove its strategy of shifting spending from low-carbon to oil and gas projects will boost sha
Trump says Mexico will stop sending oil to energy-starved Cuba
05:54pm, Monday, 02'nd Feb 2026
U.S. President Donald Trump said on Monday that Mexico would stop sending oil to Cuba as he ramped up a pressure campaign on the Caribbean nation.
Indian refiners need wind-down period for Russian oil, sources say
05:24pm, Monday, 02'nd Feb 2026
Indian refiners will need a wind-down period to complete Russian oil deals before imports from that country can be halted, and they have so far not been ordered by the government to stop such imports,
In Venezuelan oil region, industry reform sparks both hope and skepticism
03:07pm, Monday, 02'nd Feb 2026
Venezuelan state oil company PDVSA's workers and retirees are hoping oil-industry reform sparked by U.S. intervention last month will increase the purchasing power of their eroding wages and pension p
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Prices Dive 6% As Iran Is Ready To Negotiate A Deal
01:52pm, Monday, 02'nd Feb 2026
Oil prices moved lower as geopolitical risk premium declined.
US dropping 25% separate tariff on Indian imports after pledge to cut Russian oil, White House says
12:54pm, Monday, 02'nd Feb 2026
The Trump administration is dropping a 25% additional tariffs imposed on Indian imports over its purchases of Russian oil, in addition to lowering a country-specific tariff to 18% from 25%, a White Ho
Crude Oil Falls 5%; US ISM Manufacturing PMI Surges In January
12:07pm, Monday, 02'nd Feb 2026
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 150 points on Monday.
Oil price pulls back as OPEC+ preserves production, US signals proIran talks
10:28am, Monday, 02'nd Feb 2026
Crude oil prices fell after OPEC+ again decided not to raise output in the first quarter of 2026, a move that has helped underpin crude oil prices in recent weeks. At a meeting on 1 February, the eigh
