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          Oil price

          Latest news and analysis on the impact of the price of Brent and West Texas Intermediate

          Iranian daily newspaper Tehran Times carrying picture of Iranian foreign minister Abbas Araghchi and USA special envoy Steve Witkoff. Escalated tension in the Middle East, which supplies about a third of the world’s crude, has added a geopolitical risk premium to benchmark oil prices. EPA

          Oil settles higher as investors monitor US-Iran talks

          EnergyFebruary 07, 2026
          A dealer at the Hana Bank in Seoul monitors foreign exchanges on February 2. South Korea's benchmark index Kospi fell by more than 5 per cent on the day. AFP

          Global stocks mixed as gold and silver pare back losses in volatile trading session

          BusinessFebruary 02, 2026
          The USS Abrahim Lincoln loiters near Iran. The Iranian army chief has warned the US and Israel against an attack. AFP

          How the US and Iran have left energy markets flying blind

          EnergyFebruary 02, 2026
          The USS Abraham Lincoln aircraft carrier arrived in the Middle East around January 27 and was reported south of Oman. AFP

          Oil posts biggest monthly gain in years on threat of US attack on Iran

          EnergyJanuary 30, 2026
          US President Donald Trump says 'the killing has stopped' in Iran. Reuters

          Oil prices tumble as Trump holds off Iran attack, easing supply concerns

          EnergyJanuary 15, 2026
          Iraqi traders protest outside the Baghdad Chamber of Commerce on Thursday against new taxes and customs tariff. Aymen Al Ameri / The National

          New taxes and customs tariffs spark unrest and fury among merchants in Iraq

          MENAJanuary 08, 2026
          Sabic, one of the largest listed companies in the Middle East, is majority owned by Saudi Aramco and trades on the Tadawul stock exchange. Reuters

          Sabic agrees $950m sale of European and Americas units

          EnergyJanuary 08, 2026
          Opec+ has kept oil output unchanged amid global oversupply risks. Reuters

          Four Opec+ producers plan to triple compensation cuts by June

          EnergyJanuary 07, 2026
          An oil glut is expected to overwhelm markets and depress prices next year. Reuters

          Oil poised for sub-$60 territory in 2026 amid rising output

          EnergyDecember 31, 2025
          Analysts say that an additional 215 million barrels of oil have accumulated on water since September, prompting comparisons with the 2020 coronavirus crisis period. Getty Images

          Why the build-up of oil at sea doesn't signal a collapse in demand just yet

          BusinessDecember 27, 2025
          The Skipper oil tanker, which was seized by the US off the coast of Venezuela. Reuters

          Oil prices post more than 4% weekly loss on oversupply concerns

          MarketsDecember 12, 2025
          An oil pumpjack near Midland, Texas. US crude and fuel inventories rose last week as refining activity picked up, the ⁠Energy Information Administration said. Reuters

          Oil prices climb to two-week high on Fed rate cut hopes

          EnergyDecember 05, 2025
          Opec+ has announced pause in production rises for the first quarter of next year. Reuters

          Opec+ agrees to keep output levels unchanged

          EnergyNovember 30, 2025
          The oil market has been supported by expectations that US Federal Reserve would cut interest rates in December, which would boost both economy and energy demand. Seen here, a pump jack mural in Texas. Reuters

          Oil prices post fourth monthly drop amid Russia-Ukraine uncertainty

          MarketsNovember 28, 2025
          The National

          Shadi's take on the Russia-Ukraine war

          CartoonNovember 16, 2025
          A Russian oil depot burns after an attack by Ukraine. The war is in its fourth year. AP

          Oil prices surge as Ukraine attacks major Black Sea oil terminal

          EnergyNovember 14, 2025
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