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Oil prices rise as supply fears persist despite IEA plan for record reserve release

Tue, 10 Mar 2026 19:28:05 -0400

By Ahmad Ghaddar

LONDON, March 11 (Reuters) - Oil prices rebounded ‌on Wednesday as markets doubted whether the International Energy Agency's plan for a record release of oil reserves could offset potential supply shocks from the U.S.-Israeli conflict with Iran.

Brent futures traded up $3.31, or 3.8%, at $91.11 a barrel by 1159 GMT. U.S. West Texas Intermediate

Oil prices rise as supply fears persist despite IEA plan for record reserve release

Tue, 10 Mar 2026 19:28:05 -0400

By Ahmad Ghaddar

Brent futures traded up $3.31, or 3.8%, at $91.11 a barrel by 1159 GMT. U.S. West Texas Intermediate

Oil prices rise as supply fears persist despite IEA plan for record reserve release

Tue, 10 Mar 2026 19:28:05 -0400

By Ahmad Ghaddar

Brent futures traded up $3.31, or 3.8%, at $91.11 a barrel by 1159 GMT. U.S. West Texas Intermediate

Oil prices rise as supply fears persist despite IEA plan for record reserve release

Tue, 10 Mar 2026 19:28:05 -0400

By Ahmad Ghaddar

Brent futures traded up $3.31, or 3.8%, at $91.11 a barrel by 1159 GMT. U.S. West Texas Intermediate

Oil surges 20% as Iran war fuels supply fears

Sun, 08 Mar 2026 20:35:00 -0400

SINGAPORE, March 9 (Reuters) - Oil prices surged about 20% in early trade on Monday, ‌hitting their highest since July 2022, as the expanding U.S.-Israeli war with Iran led some major Middle East oil producers to cut supplies and on concerns of prolonged disruption to shipping through the Strait of Hormuz.

COMMENTARY:

DANIEL HYNES, SENIOR COMMODITY STRATEGIST, ANZ, SYDNEY

Oil surges 20% as Iran war fuels supply fears

Sun, 08 Mar 2026 20:35:00 -0400

COMMENTARY:

DANIEL HYNES, SENIOR COMMODITY STRATEGIST, ANZ, SYDNEY

Oil surges 20% as Iran war fuels supply fears

Sun, 08 Mar 2026 20:35:00 -0400

COMMENTARY:

DANIEL HYNES, SENIOR COMMODITY STRATEGIST, ANZ, SYDNEY

Oil surges 20% as Iran war fuels supply fears

Sun, 08 Mar 2026 20:35:00 -0400

COMMENTARY:

DANIEL HYNES, SENIOR COMMODITY STRATEGIST, ANZ, SYDNEY

India’s oil imports from Russia continue to decline, says oil minister

Tue, 27 Jan 2026 08:12:26 -0400

Investing.com -- India’s imports of Russian crude oil are continuing to decline as the country diversifies its suppliers, according to Oil Minister Hardeep Puri.

In an interview with Bloomberg Television on Tuesday, Puri noted that shipments from Russia have already dropped to 1.3 million barrels per day, down from an average of 1.8 million barrels per day last year.

"There is a declining trend," Puri said. "These are market driven conditions."

The United States has increased pressure on India’s purchases of Russian oil by imposing additional tariffs on the South Asian nation. Despite this pressure and the declining import volumes, Russian oil flows

India’s oil imports from Russia continue to decline, says oil minister

Tue, 27 Jan 2026 08:12:26 -0400

Investing.com -- India’s imports of Russian crude oil are continuing to decline as the country diversifies its suppliers, according to Oil Minister Hardeep Puri.

"There is a declining trend," Puri said. "These are market driven conditions."

Oil prices rise by more than $1 a barrel on potential Iran supply disruption

Mon, 12 Jan 2026 20:55:28 -0400

By Laila Kearney and Seher Dareen

NEW YORK/LONDON, ⁠Jan 13 (Reuters) - Oil prices ⁠surged by ‍more than 2% on Tuesday as the prospect of disruptions to Iranian crude exports overshadowed possible increased supply from Venezuela.

Brent futures jumped by $1.60, or 2.5%, to settle at $65.47. U.S. West Texas Intermediate crude settled at $61.15 a barrel, ‍climbing $1.65, or

Oil prices rise by more than $1 a barrel on potential Iran supply disruption

Mon, 12 Jan 2026 20:55:28 -0400

By Laila Kearney and Seher Dareen

Brent futures jumped by $1.60, or 2.5%, to settle at $65.47. U.S. West Texas Intermediate crude settled at $61.15 a barrel, ‍climbing $1.65, or

Oil prices rise by more than $1 a barrel on potential Iran supply disruption

Mon, 12 Jan 2026 20:55:28 -0400

By Laila Kearney and Seher Dareen

Brent futures jumped by $1.60, or 2.5%, to settle at $65.47. U.S. West Texas Intermediate crude settled at $61.15 a barrel, ‍climbing $1.65, or

Oil prices rise by more than $1 a barrel on potential Iran supply disruption

Mon, 12 Jan 2026 20:55:28 -0400

By Laila Kearney and Seher Dareen

Brent futures jumped by $1.60, or 2.5%, to settle at $65.47. U.S. West Texas Intermediate crude settled at $61.15 a barrel, ‍climbing $1.65, or

Oil prices settle at 7-week high on worries about Iran exports

Sun, 11 Jan 2026 19:18:11 -0400

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By Scott ⁠DiSavino

NEW YORK, ‍Jan 12 (Reuters) - Oil prices climbed and settled at seven-week highs on Monday on worries that Iran's exports could decline as the sanctioned OPEC member cracks down on anti-government demonstrations.

Oil prices settle at 7-week high on worries about Iran exports

Sun, 11 Jan 2026 19:18:11 -0400

(Corrects hyperlinks in paragraphs 6 and 7 with ⁠no change to text)

By Scott ⁠DiSavino

Oil prices settle at 7-week high on worries about Iran exports

Sun, 11 Jan 2026 19:18:11 -0400

(Corrects hyperlinks in paragraphs 6 and 7 with ⁠no change to text)

By Scott ⁠DiSavino

Oil prices settle at 7-week high on worries about Iran exports

Sun, 11 Jan 2026 19:18:11 -0400

(Corrects hyperlinks in paragraphs 6 and 7 with ⁠no change to text)

By Scott ⁠DiSavino

Oil settles down more than 1% after Trump statements on Venezuelan oil

Tue, 06 Jan 2026 19:26:15 -0400

By Arathy Somasekhar

HOUSTON, Jan 7 (Reuters) - Oil prices ⁠settled lower for a ⁠second straight ‍session on Wednesday as investors digested U.S. President Donald Trump's deal to import up to $2 billion worth of Venezuelan crude, a move that would lift supplies to the world's largest oil consumer.

Brent crude futures ‍closed down 74 cents, or 1.2%, at $59.96

Oil settles down more than 1% after Trump statements on Venezuelan oil

Tue, 06 Jan 2026 19:26:15 -0400

By Arathy Somasekhar

Brent crude futures ‍closed down 74 cents, or 1.2%, at $59.96

Oil settles down more than 1% after Trump statements on Venezuelan oil

Tue, 06 Jan 2026 19:26:15 -0400

By Arathy Somasekhar

Brent crude futures ‍closed down 74 cents, or 1.2%, at $59.96

Oil settles down more than 1% after Trump statements on Venezuelan oil

Tue, 06 Jan 2026 19:26:15 -0400

By Arathy Somasekhar

Brent crude futures ‍closed down 74 cents, or 1.2%, at $59.96

Oil falls as investors weigh supply outlook, Venezuelan uncertainties

Mon, 05 Jan 2026 20:59:36 -0400

By Shariq Khan

NEW YORK, Jan 6 (Reuters) - Oil prices ⁠fell on Tuesday as ⁠the market ‍weighed expectations of ample global supply this year against uncertainty around Venezuelan crude output after the U.S. capture of Nicolas Maduro, the South American country's leader.

Brent crude futures fell $1.06, or 1.7%, to settle at $60.70 a barrel, while ‍U.S. West Texas

Oil falls as investors weigh supply outlook, Venezuelan uncertainties

Mon, 05 Jan 2026 20:59:36 -0400

By Shariq Khan

Brent crude futures fell $1.06, or 1.7%, to settle at $60.70 a barrel, while ‍U.S. West Texas

Oil falls as investors weigh supply outlook, Venezuelan uncertainties

Mon, 05 Jan 2026 20:59:36 -0400

By Shariq Khan

Brent crude futures fell $1.06, or 1.7%, to settle at $60.70 a barrel, while ‍U.S. West Texas