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$136.74
-4.12 (-2.92%)
At Close: Jun 04, 2026
Oil Price Forecast: Can Supply Disruptions and Geopolitics Keep Prices Elevated?
12:42am, Thursday, 16'th Apr 2026
Crude oil remains range-bound as supply disruptions, geopolitical tensions, and mixed macro signals maintain a risk premium while ongoing US–Iran negotiations keep the market volatile and without a
Spain's Repsol wins back control of Venezuelan oil operations, FT says
12:11am, Thursday, 16'th Apr 2026
Repsol is poised to take back operational control of its Venezuelan oil assets and boost production following a deal signed with the South American government, the
Thailand's PTT offers more fuel oil for May loading, sources say
11:57pm, Wednesday, 15'th Apr 2026
Thai state-owned energy company PTT has offered a larger volume of high-sulphur fuel oil (HSFO) for loading in May than in previous months, according to market sources.
China's March oil throughput slows on Middle East supply risks, crude output hits record
11:20pm, Wednesday, 15'th Apr 2026
China's crude oil throughput in March dropped 2.2% year-on-year, official data showed on Thursday, as the Iran war curbed refinery runs, while domestic crude output hit a record high.
Oil prices fall as hopes for US-Iran deal outweigh supply disruption concerns
09:00pm, Wednesday, 15'th Apr 2026
Oil prices fell in early trade on Thursday as hopes for easing U.S.-Iran tensions, following reports that Iran could allow ships to pass through around the Strait of Hormuz, outweighed concerns ove
Oil Falls on Prospects of Further U.S.-Iran Negotiations
08:09pm, Wednesday, 15'th Apr 2026
Oil fell in early trade on prospects of further U.S.-Iran negotiations that could lead to reduced supply disruptions in the Middle East.
The oil market thinks the worst is over from the Iran war. The damage suggests otherwise.
05:30pm, Wednesday, 15'th Apr 2026
Costly repairs in the Middle East point to a slow recovery — a condition that may result in crude prices staying higher for longer.
Trump issues several pipeline permits for US-Canada oil transportation
04:41pm, Wednesday, 15'th Apr 2026
U.S. President Donald Trump issued several pipeline permits on Wednesday, including one for the construction of a new pipeline, to facilitate the transportation of crude oil and petroleum pro
Trafigura signs $1 billion oil prepayment deal with Gabon
04:01pm, Wednesday, 15'th Apr 2026
Commodities trader Trafigura said on Wednesday it had signed a $1 billion prepayment agreement with the Republic of Gabon, under which it will receive crude oil deliveries over a seven‑year pe
Permian-focused EagleRock plans rare US oil and gas IPO, sources say
03:22pm, Wednesday, 15'th Apr 2026
EagleRock, a company that collects royalties and fees from oil and gas production on the land it controls in the Permian Basin, is exploring a U.S. initial public offering that could value it at up
US targets Iran's oil transportation infrastructure with sanctions
03:04pm, Wednesday, 15'th Apr 2026
The U.S. Treasury Department said on Wednesday it was targeting Iran's oil transportation infrastructure by imposing sanctions on more than two dozen individuals, companies, and vessels.
US probes suspicious oil trades made before Trump Iran pivots, source says
02:48pm, Wednesday, 15'th Apr 2026
The U.S. Commodity Futures Trading Commission is investigating a series of oil futures trades that were placed shortly before major policy shifts by U.S. President Donald Trump related to the wa
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Prices Move Lower As Traders Focus On Ceasefire Extension
02:45pm, Wednesday, 15'th Apr 2026
According to recent reports, U.S. and Iran may extend ceasefire by two weeks.
US may impose secondary sanctions on Iran oil purchases
01:55pm, Wednesday, 15'th Apr 2026
U.S. Treasury Secretary Scott Bessent on Wednesday said the United States could impose secondary sanctions on countries that purchase Iranian oil.
Pakistan weighs spot LNG as Iran war hits supply, ramps up domestic oil and gas
01:37pm, Wednesday, 15'th Apr 2026
Pakistan is considering buying liquefied natural gas (LNG) on the spot market to offset supply disruptions caused by the Iran war but would favour government-to-government deals to avoid having to
