Latest Oil Market News and Analysis for July 28

How 10 sources are covering this

• BloombergLean L·2h ago

  Latest Oil Market News and Analysis for July 28

  Oil extended a steep drop after President Donald Trump said the US and Iran were engaged in talks to end the Middle East conflict.

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• BloombergLean L·1d 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·4d 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·5d 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·6d 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·7d 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·8d 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·11d 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·12d 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·13d 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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