Latest Oil Market News and Analysis for July 31

How 13 sources are covering this

• BloombergLean L·2h ago

  Latest Oil Market News and Analysis for July 31

  Oil steadied at the end of a volatile week, with prices on track for the biggest monthly gain since March as the US-Iran war escalated.

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• BloombergLean L·1d ago

  Latest Oil Market News and Analysis for July 30

  Oil slid in thin summer trading as signs of increased flows through the Strait of Hormuz offset concerns over a fresh wave of hostilities from Iran to the Black Sea.

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• BloombergLean L·2d ago

  Latest Oil Market News and Analysis for July 29

  Oil roared back from its worst three-day decline since 2020 as a fresh round of fighting erupted across the Middle East, a reminder of the ongoing risk to supplies in the region.

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• BloombergLean L·3d ago

  Latest Oil Market News and Analysis for July 28

  Oil notched its worst three-day stretch in more than six years as traders glommed onto growing signs of deescalation in the Middle East conflict, with both the US and Iran continuing to hold off on attacks.

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• BloombergLean L·4d ago

  Latest Oil Market News and Analysis for July 27

  ⁠⁠Oil sank by the most in over three months as the US paused daily strikes against Iran and tankers sailed to load at a recently disrupted Kazakh export terminal, easing supply pressures in a market squeezed on multiple fronts.

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• BloombergLean L·7d ago

  Latest Oil Market News and Analysis for July 24

  Brent crude prices retreated from $100 a barrel as oil was still managing to traverse Middle East trade routes despite the recent escalation in hostilities and White House saber rattling.

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• BloombergLean L·8d ago

  Latest Oil Market News and Analysis for July 23

  Oil surged past $100 a barrel for the first time in two months after Iran-backed Houthi militants said they attacked two Saudi Arabian tankers in the Red Sea, opening a new front in the Middle East conflict and threatening deeper supply disruptions.

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• BloombergLean L·9d ago

  Latest Oil Market News and Analysis for July 22

  Oil climbed, extending this month’s price jump to nearly 30%, as the US and Iran played down the prospect of peace talks and disruptions to global supplies continued to mount.

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• BloombergLean L·10d ago

  Latest Oil Market News and Analysis for July 21

  Brent oil advanced to the highest since early June as traders weighed threats to maritime traffic that span from the Strait of Hormuz and the Red Sea to a key Kazakh export terminal on Russia’s coast.

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• BloombergLean L·11d ago

  Latest Oil Market News and Analysis for July 20

  Oil edged up in a fraught session as traders grappled with a barrage of headlines that suggest a worsening of the Middle East conflict, as well as attempts to bring about a pause in the war.

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• BloombergLean L·14d ago

  Latest Oil Market News and Analysis for July 17

  Oil surged on growing fears the US and Iran could return to full war, threatening flows through the Strait of Hormuz.

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• BloombergLean L·15d ago

  Latest Oil Market News and Analysis for July 16

  Oil dipped, though remains higher for the week, as traders balanced profit-taking with concerns about disruptions to Middle East flows.

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• BloombergLean L·16d ago

  Latest Oil Market News and Analysis for July 15

  Oil narrowly held onto a three-day winning streak as the US launched fresh strikes on Iran in response to a spate of attacks on shipping vessels and American diesel stockpiles posted a sizeable increase.

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