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Tag: Brent crude oil

oil prices jump
Latest
  • Reuters
  • Jul 28, 2025
Oil prices jump 2pc after US-EU deal and Trump’s Russia warning

Market optimism was further supported by talks between US and Chinese officials in Stockholm, aimed at extending a tariff truce ahead of the August 12 deadline.

Oil prices settled down more than 7 per cent, losing more than $5 a barrel after Iran took no action to disrupt oil and gas tanker traffic.
Business
  • Reuters
  • Jun 24, 2025
Oil settles down 7 per cent after Iran attacks US military base in Qatar

Brent’s 7.2 per cent drop was the steepest since August 2022.

Crude oil prices fell sharply by 7 per cent in the global market, with the Brent crude trading at $70 per barrel.
Business
  • Web Desk
  • Apr 04, 2025
Crude oil prices decline amid tariffs, OPEC production increase

The decline is attributed to a combination of geopolitical tensions, trade policies and production decisions by major oil-producing nations.

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