Latest Oil Market News and Analysis for Aug. 31

How 18 sources are covering this

• BloombergLean L·1h ago

  Latest Oil Market News and Analysis for Aug. 31

  Oil rose as fresh fighting flared up in the Strait of Hormuz, highlighting risks to flows from the Middle East after months of conflict.

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• BloombergLean L·4d ago

  Latest Oil Market News and Analysis for Aug. 27

  Oil rose on signs that diplomatic efforts toward an agreement over the Strait of Hormuz hit stumbling blocks, casting doubt on a sustainable increase in energy flows through the world’s most important energy chokepoint.

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• BloombergLean L·5d ago

  Latest Oil Market News and Analysis for Aug. 26

  Oil eased in a choppy session as traders weighed progress on diplomatic efforts to resume shipping through the Strait of Hormuz against fresh risks of a global supply squeeze.

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• BloombergLean L·7d ago

  Latest Oil Market News and Analysis for Aug. 24

  Oil fell after US Treasury Secretary Scott Bessent announced what he called an “unprecedented” campaign to isolate Iran from the global economy, as the US seeks to pressure Tehran to loosen its grip on the Strait of Hormuz.

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• BloombergLean L·10d ago

  Latest Oil Market News and Analysis for Aug. 21

  Oil capped a weekly gain as traders awaited details of a US campaign to isolate Iran’s economy, with no apparent end in sight to a conflict that has slashed Middle East exports.

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• BloombergLean L·11d ago

  Latest Oil Market News and Analysis for Aug. 19

  Oil climbed to the highest in almost a month, as Donald Trump’s threat to crush the Iranian economy further clouded the prospect of ending a war that has upended energy markets.

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• BloombergLean L·12d ago

  Latest Oil Market News and Analysis for Aug. 19

  Oil rose to the highest in more than three weeks, as US refiners ramped up crude consumption and a spat between the United Arab Emirates and Iran heightened regional tensions.

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• BloombergLean L·13d ago

  Latest Oil Market News and Analysis for Aug. 18

  Oil edged up to a three-week high, with the US and Iran stuck in a deadlock over control of the Strait of Hormuz.

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• BloombergLean L·17d ago

  Latest Oil Market News and Analysis for Aug. 14

  Oil edged higher as traders weighed a US threat to impose unprecedented economic measures on Iran, with the war that snarled the Strait of Hormuz in its sixth month.

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• BloombergLean L·18d ago

  Latest Oil Market News and Analysis for Aug. 13

  Oil snapped its run of recent gains, as limited progress over a deal to end the Iran war left traders parsing how much oil is crossing the Strait of Hormuz.

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• BloombergLean L·19d ago

  Latest Oil Market News and Analysis for Aug. 12

  Oil swung between gains and losses as traders parsed a barrage of data from leading energy forecasters amid little sign of a breakthrough between Iran and the US over the Strait of Hormuz.

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• BloombergLean L·20d ago

  Latest Oil Market News and Analysis for Aug. 11

  Oil edged up in a choppy session as traders expressed skepticism over the potential for a deal that would imminently restore flows through the Strait of Hormuz, even as officials tout progress.

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• BloombergLean L·21d ago

  Latest Oil Market News and Analysis for Aug. 10

  Oil embarked on a steady climb higher as Iran and Oman remained short of a deal to reopen the Strait of Hormuz, while European diesel prices surged following an attack on a Saudi Arabian refinery near the Red Sea.

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• BloombergLean L·24d ago

  Latest Oil Market News and Analysis for Aug. 7

  Oil steadied as tensions in the Middle East flared while traders monitored progress toward a deal between Iran and Oman to restore shipping through the Strait of Hormuz.

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• BloombergLean L·25d ago

  Latest Oil Market News and Analysis for Aug. 6

  Oil extended gains after an Iranian news agency reported that the Islamic Republic struck “hostile targets” in the Strait of Hormuz.

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• BloombergLean L·26d ago

  Latest Oil Market News and Analysis for Aug. 5

  Oil fell for a third straight session on signs that the US and Iran are nearing a deal to reopen the Strait of Hormuz and restore millions of barrels of daily shipments disrupted by months of war.

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• BloombergLean L·27d ago

  Latest Oil Market News and Analysis for Aug. 4

  Oil slid to the lowest in over three weeks as optimism grew that the US and Iran are moving closer to an agreement that would reopen the vital Strait of Hormuz chokepoint.

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• BloombergLean L·28d ago

  Latest Oil Market News and Analysis for Aug. 3

  Oil fell after US President Donald Trump called off a planned attack on Iran and said new talks with the Islamic Republic would begin on Monday.

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