Tuesday, June 23, 2026

Oil prices

June 16, 2026

Oil stays at lower level after price drop amid U.S.-Iran deal

Oil prices did not move significantly in early trading on Tuesday.

Oil vessel
April 17, 2026

Global oil prices fall as Iran reopens Strait of Hormuz 

The Strait of Hormuz reopened after Israel and Lebanon agreed to a 10-day ceasefire.

Strait of Hormuz
June 5, 2023

Oil prices rise as Saudi announces production cut

Oil prices were on the rise on Monday following Saudi Arabia’s announcement that it would cut its oil output by one million barrels a day in July.

Fuel pump
May 26, 2023

Oil prices steady as markets await OPEC’s next policy move

Brent crude slipped 4 cents to $76.22 a barrel at 0022 GMT, while U.S. West Texas Intermediate was up 9 cents, or 0.1 per cent, at $71.92 a barrel.

Crude oil barrel
September 29, 2022

Global oil prices hit $90 per barrel as OPEC mulls output cut

Brent crude futures rose 52 cents, or 0.6 per cent, to $89.84 a barrel by 1027 GMT.

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