Brent crude futures
Coverage of Brent crude futures in the Nexus archive.
- Oil prices rise after report of Iranian attack on commercial ships in Strait of Hormuz
Brent and U.S. crude futures increased following a report of an Iranian attack on commercial ships in the Strait of Hormuz. The attack raised concerns about regional security and potential disruptions to oil shipments.
- Oil prices rise as US-Iran tensions disrupt shipping
Oil prices increased as US-Iran tensions disrupted shipping through the Strait of Hormuz, raising concerns about global energy supplies. Despite a temporary halt in strikes and resumed technical talks, commercial shipping was expected to resume freely in the strategic waterway.
- Oil prices rise amid uncertainty over US-Iran talks
Oil prices rose amid uncertainty over US-Iran negotiations and the durability of a ceasefire between the two countries. Brent crude futures increased by $1.09 to $81.66 a barrel, though previous declines followed eased concerns about disruptions to the Strait of Hormuz.
- Oil prices fall to three-month low ahead of US-Iran agreement
Oil prices fell to a three-month low as markets reacted positively to the anticipated US-Iran agreement. Brent crude dropped 4% to $79.88 per barrel, while US West Texas Intermediate crude fell 4.7% to $76.93.
- Oil prices slip to their lowest since March as US, Iran reach preliminary agreement to reopen Hormuz
Oil prices fell to their lowest since March as the US and Iran announced a preliminary agreement to reopen the Strait of Hormuz. The deal, set to be signed in Switzerland, aims to restore oil flows through the critical chokepoint and end a naval blockade.
- Oil prices climb despite pause in hostilities
Oil prices rose slightly in early trading as investors worried about potential renewed conflict between Iran and Israel, despite a reported pause in hostilities encouraged by US President Donald Trump. The increase was driven by concerns over possible disruptions to Middle Eastern energy supplies and shipping routes.
- Oil price drops amid hopes of US-Iran peace deal
Oil prices dropped amid hopes for a US-Iran peace deal, with Brent crude futures falling 1.3% to $91.54. The commodity is nearing a 17% decline since the start of May, while global stock markets rallied.
- Oil price drops amid hopes of US-Iran peace deal
Oil prices dropped amid hopes for a US-Iran peace deal, with Brent crude futures falling 1.3% to $91.54 and nearing a 17% monthly decline. Global stock markets rallied as investors anticipated an end to the US-Israel war on Iran.
- Oil prices dip amid optimism over potential US-Iran deal
Oil prices fell as negotiations between the Trump administration and Iran over reopening the Strait of Hormuz and resolving the Middle East conflict fueled optimism. West Texas Intermediate crude futures dropped 6.1% to $90.68, while Brent crude futures also declined.
- Oil prices fall below $100 a barrel on hopes of Iran peace deal
Oil prices fell below $100 a barrel as Brent crude futures dropped 6% to $97.28, the lowest level in two weeks, driven by hopes of a US-Iran peace deal. Stock markets rose amid optimism about a potential resolution to the three-month US-Israeli war on Iran.
- Oil prices dip amid optimism over potential US-Iran deal
Oil prices fell over 6.1% as optimism grew around potential US-Iran negotiations to reopen the Strait of Hormuz and resolve Middle East conflicts. West Texas Intermediate crude dropped to $90.68, while Brent crude also declined.
- Oil prices rise again with little sign of war on Iran ending
Brent crude futures rose to $126.41 on Thursday, marking a 5% weekly increase due to ongoing tensions with Iran, which continue to affect global oil prices.