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Oil falls more than 3% on weaker global demand outlook and US crude buildup

Oil falls more than 3% on weaker global demand outlook and US crude buildup

By Siddharth Cavale and Enes Tunagur NEW YORK, Aug 13 (Reuters) - Oil prices fell more than 3% on Thursday as investors focused on signs of weaker global demand and rising U.S. crude stocks, though prices drew some support from stalled talks over the blockaded Strait of Hormuz.

Oil prices settle up as Iran says Strait of Hormuz to stay shut

Oil prices settle up as Iran says Strait of Hormuz to stay shut

By Scott DiSavino Aug 11 (Reuters) - Oil prices edged up to a one-week high on Tuesday as doubts about a potential U.S.-Iran peace deal fueled concerns that Middle East supply disruptions would persist. Brent futures rose $1.19, or 1.4%, to settle at $88.91 a barrel, while U.S.

Oil falls on weaker demand outlook and higher US stocks

Oil falls on weaker demand outlook and higher US stocks

By Enes Tunagur LONDON, Aug 13 (Reuters) - Oil prices declined on Thursday as investors assessed prospects for weaker global demand this year and higher U.S. crude stocks, though prices found support from a lack of progress in talks over the blockaded Strait of Hormuz and disruptions to supply.

Oil hits new one-week high as supply disruptions outweigh Strait of Hormuz talks

Oil hits new one-week high as supply disruptions outweigh Strait of Hormuz talks

By Scott DiSavino Aug 11 (Reuters) - Oil prices edged up to a fresh one-week high on Tuesday as the market focused more on supply disruptions in the Middle East and Russia than on signs of progress in talks between Oman and Iran over shipping through the Strait of Hormuz.

Oil slips on weaker demand outlook and higher US stocks amid supply disruptions

Oil slips on weaker demand outlook and higher US stocks amid supply disruptions

By Enes Tunagur LONDON, Aug 13 (Reuters) - Oil prices declined on Thursday as investors assessed prospects for weaker global demand this year and higher U.S. crude stocks, while prices found support from a lack of progress in talks over the blockaded Strait of Hormuz and disruptions to supply.

Oil prices little changed as investors weigh lower demand against US-Iran talks deadlock

Oil prices little changed as investors weigh lower demand against US-Iran talks deadlock

By Nicole Jao NEW YORK, Aug 12 (Reuters) - Oil prices steadied in volatile trading on Wednesday, having earlier moved $1 higher, after forecasters cut projections for 2026 global oil demand, while attacks on ships in the Middle East continued as talks to end the Iran war hit an impasse.

Oil drops on lower demand forecasts despite deadlock in US-Iran talks

Oil drops on lower demand forecasts despite deadlock in US-Iran talks

By Sam Li and Lewis Jackson BEIJING, Aug 13 (Reuters) - Oil prices fell more than $1 on Thursday as forecasters lowered global oil demand projections for 2026 because of the disruptions from the U.S.-Israeli war on Iran, though the supply constraints from the conflict provided a floor for the market

Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fade

Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fade

By Arathy Somasekhar HOUSTON, Aug 10 (Reuters) - Oil prices settled 5% higher on Monday after Iran and the United States traded demands for compensation, dimming prospects for a deal to reopen the Strait of Hormuz.

Oil rises 4% as Iran, US both demand compensation and Hormuz hopes fade

Oil rises 4% as Iran, US both demand compensation and Hormuz hopes fade

By Arathy Somasekhar HOUSTON, Aug 10 (Reuters) - Oil prices jumped over 4% on Monday after Iran and the United States traded demands for compensation, dimming prospects for a deal to reopen the Strait of Hormuz.

Oil climbs 2%, extending gains on dimming U.S.-Iran peace hopes

Oil climbs 2%, extending gains on dimming U.S.-Iran peace hopes

By Anushree Mukherjee Aug 11 (Reuters) - Oil prices rose more than 2% on Tuesday to their highest in more than a week as ongoing disruption to Middle East energy flows and fading hopes for a U.S.-Iran peace deal heightened concern over global oil supplies.

Oil rises 3% as Iran tempers hopes of Hormuz reopening

Oil rises 3% as Iran tempers hopes of Hormuz reopening

By Arathy Somasekhar HOUSTON, Aug 10 (Reuters) - Oil prices jumped 3% on Monday after Iran said the U.S. must lift sanctions on Tehran, pay reparations and meet a number of other conditions before the Strait of Hormuz is reopened.

Oil prices hold near one-week high as Hormuz talks advance

Oil prices hold near one-week high as Hormuz talks advance

By Scott DiSavino Aug 11 (Reuters) - Oil prices held near a one-week high on Tuesday as the market assessed signs of progress in talks between Oman and Iran over shipping through the Strait of Hormuz while disruption to Middle Eastern and Russian energy flows continued.