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Oil steady as traders assess shipping flows; monthly gains in sight

Oil steady as traders assess shipping flows; monthly gains in sight

By Anushree Mukherjee July 31 (Reuters) - Oil prices were steady on Friday and on track for a monthly rise as traders assessed supply flows through key maritime chokepoints and developments in U.S.-Iran talks. Brent futures were up 47 cents, or 0.53%, at $89.50 a barrel by 0952 GMT, while U.S.

Oil settles down on proposed Saudi-led maritime defence coalition

Oil settles down on proposed Saudi-led maritime defence coalition

By Georgina McCartney July 30 (Reuters) - Oil prices settled lower on Thursday after a volatile session, as traders digested proposed plans for a Saudi Arabia-led maritime coalition to boost defense cooperation around the Red Sea.

Oil falls on Hormuz talks

Oil falls on Hormuz talks

By Anushree Mukherjee July 30 (Reuters) - Oil prices fell on Thursday, as investors weighed talks between Oman and Iran over the Strait of Hormuz even as Washington and Tehran traded strikes on each other's military targets again.

Oil steady as traders assess US-Iran conflict

Oil steady as traders assess US-Iran conflict

By Anushree Mukherjee July 30 (Reuters) - Oil prices were steady in a volatile session on Thursday as traders assessed the escalating conflict between the United States and Iran and the potential disruption to oil supplies.

Oil jumps nearly 7% on escalating Middle East airstrikes

Oil jumps nearly 7% on escalating Middle East airstrikes

By Stephanie Kelly LONDON, July 29 (Reuters) - Oil prices jumped nearly 7% on Wednesday as major airstrikes resumed in the Middle East and dashed hopes for an imminent end to the U.S.-Israeli war with Iran, while industry data showed U.S. crude inventories fell.

Oil falls more than 1% on proposed Saudi-led maritime defence coalition

Oil falls more than 1% on proposed Saudi-led maritime defence coalition

By Georgina McCartney July 30 (Reuters) - Oil fell on Thursday in volatile trade as investors considered proposed plans for a Saudi Arabia-led maritime coalition to boost defence cooperation around the Red Sea, reversing a rise in prices earlier in the session after Washington and Tehran traded

Drone strike at Egypt port near Suez Canal ignites new shipping risks

Drone strike at Egypt port near Suez Canal ignites new shipping risks

By Nafisa Eltahir, Elwely Elwelly and Tala Ramadan DUBAI, July 30 (Reuters) - A drone strike that sparked fires on two gas vessels in Egypt's Mediterranean port of Damietta has raised a new threat to shipping through the Suez Canal, one of the last major export routes available to Saudi oil amid the

Oil prices fall 5% to two-week low after several days without US-Iran strikes

Oil prices fall 5% to two-week low after several days without US-Iran strikes

By Scott DiSavino July 28 (Reuters) - Oil prices dropped about 5% on Tuesday to a two-week low, on cautious hopes that the pause in fighting between the United States and Iran will lead to talks to end the war, even though previous halts have proved only temporary.

Oil touches over one-week low as pause in attacks brings hope of US/Iran deal

Oil touches over one-week low as pause in attacks brings hope of US/Iran deal

By Anushree Mukherjee July 28 (Reuters) - Oil prices extended losses on Tuesday, hitting their lowest levels in more than a week as hopes for a resolution to the U.S.-Iran conflict grew and traders continued to assess developments in the Middle East.

Oil prices fall 5% to two-week low on hopes for US-Iran conflict easing

Oil prices fall 5% to two-week low on hopes for US-Iran conflict easing

By Scott DiSavino July 28 (Reuters) - Oil prices dropped 5% on Tuesday to a two-week low, on cautious hopes for a resolution to the Iran war as traders assessed developments in the Middle East. Brent futures fell $4.61, or 5.2%, to $83.75 a barrel at 12:01 p.m. EDT (1601 GMT). U.S.

Oil touches over one-week low as pause in attacks brings hope of US and Iran deal

Oil touches over one-week low as pause in attacks brings hope of US and Iran deal

By Anushree Mukherjee July 28 (Reuters) - Oil prices extended losses on Tuesday, hitting their lowest levels in more than a week as hopes for a resolution to the U.S.-Iran conflict grew and traders continued to assess developments in the Middle East.

Oil at one-week low as US and Iran pause attack; supply tension underpins

Oil at one-week low as US and Iran pause attack; supply tension underpins

By Ishaan Arora and Siyi Liu July 28 (Reuters) - Oil prices edged lower on Tuesday, hovering around one-week lows amid hopes for a resolution in the U.S.-Iran war, while subdued flow through the Strait of Hormuz and further supply disruption risks underpinned the market.