The Latest Breaking News from Brent

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Evening Standard · Aug 20

Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s why

Oil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and imposing penalties for violations. Crude oil prices saw increases on Thursday and Friday. Analysts warn of significant price hikes if disruptions continue for months. Supply outside the conflict zone…

The Economic Times · Aug 7

Oil Price Today (July 30): Crude oil dips below $90 after 8% surge on Wednesday. Here’s why

Brent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to $83.90 a barrel.

The Economic Times · Jul 30

$120 crude oil scare is back & India has plenty at stake

Goldman Sachs has warned Brent crude could rise above $120 a barrel if disruptions in the Strait of Hormuz persist. For India, which imports most of its crude oil, a sustained oil price rally could increase the import bill, weaken the rupee, fuel inflation, widen the current account deficit and…

The Economic Times · Jul 21

Oil Price Today (July 21): Crude oil dips below $90 on hopes of 10-day ceasefire in Iran war. What are experts saying?

Brent crude futures slipped 35 cents, or 0.4%, to $88.87 a barrel, while U.S. West Texas Intermediate crude for September delivery was little changed at $82.47 a barrel. Both benchmarks remained below the more than one-month highs touched in the previous session.

The Economic Times · Jul 21

Oil Price Today (July 20): Crude oil jumps 3%, crosses $90 as US and Iran exchange attacks. $100 in sight?

Brent crude futures rose $2.69, or 3.05%, to $90.79 a barrel, their highest level since June 11. The benchmark extended last week's rally, when it gained 15.9%, marking its biggest weekly advance since April.

The Economic Times · Jul 20

Oil Price Today (July 15): Crude oil above $86/bbl as US-Iran exchange fresh strikes. Bigger surge brewing?

Brent crude settled at its highest level since June 12 for a second consecutive session, while West Texas Intermediate (WTI) closed at its strongest level since June 15.

The Economic Times · Jul 15

Oil Price Today (July 10): Crude oil up 6% this week as US and Iran continue attacks. Where are prices headed?

Even with Friday's decline, both crude benchmarks were set to end the week higher. Brent was on course to gain about 6%, while WTI was poised to rise nearly 5%.

The Economic Times · Jul 10

Oil Price Today (July 6): Crude oil extends fall, hovers below $72. Here are 2 major reasons for the decline

Brent crude futures slipped 24 cents, or 0.e33%, to $71.88 a barrel. U.S. West Texas Intermediate crude fell 11 cents, or 0.16%, to $68.58 a barrel. WTI did not settle on Friday as U.S. markets remained closed ahead of the Independence Day holiday on Saturday.

The Economic Times · Jul 6

Crude oil prices crash 42% from April’s $126 peak. More downside coming?

Global oil markets are stabilizing after months of turmoil caused by the Strait of Hormuz closure and war damage. Crude prices have plummeted 42% from their April peak, with Brent falling below $73 a barrel, signaling a return to pre-conflict levels

The Economic Times · Jun 25