Energy

Oil prices drop as Trump calls off planned strikes on Iran

Oil prices fell over $1 on Friday, June 12, 2026, after United States President Donald Trump cancelled plans to strike…

3 days ago

Oil prices rise as Iran shuts Strait of Hormuz after US attack

Oil prices jumped on Thursday, June 11, 2026, as Iran declared the critical energy chokepoint, the Strait of Hormuz, closed…

4 days ago

Oil prices drop amid renewed US-Iran attacks

Oil prices edged lower in volatile ​trade on Wednesday, June 10, 2026, as renewed United States-Iran hostilities muddied direction. Brent…

5 days ago

Oil prices fall after Iran, Israel halt attacks

Oil ​prices fell on Tuesday, June 9, 2026, after Iran ‌and Israel said they had halted attacks on each other…

6 days ago

OPEC+ approves fourth oil output quota hike amid Hormuz closure

OPEC+ has agreed to raise its oil production targets for the fourth consecutive month, even as ongoing tensions involving Iran…

7 days ago

Oil prices rise after Israel hits Lebanon, Iran

Oil prices jumped more than $3 a ‌barrel on Monday, June 8, 3026, following Israel's launch of renewed strikes on…

7 days ago

Dangote refinery raises capacity to 700,000 bpd

Dangote Petroleum Refinery and Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a…

1 week ago

Oil prices fall as Israel, Lebanon agree to renew ceasefire

Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to…

2 weeks ago

Oil prices rise as Middle East peace talks stall

Oil prices rose over 1% on Wednesday, June 3, 2026, as hostilities in the Middle East erupted anew and talks…

2 weeks ago

Oil prices dip amid uncertainty over US-Iran peace talks

Oil prices edged lower on Tuesday as investors remained cautious over the outcome of ongoing negotiations between the United States…

2 weeks ago

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