Explore

Oil gains on supply concerns as Houthis attack Saudi deployments in Yemen

Oil gains on supply concerns as Houthis attack Saudi deployments in Yemen

By Georgina McCartney HOUSTON, Aug 6 (Reuters) - Oil prices rose on Thursday after Iran-aligned Houthis said they attacked "Saudi deployments" in Yemen, ramping up concerns about Red Sea shipping, while hopes around Iran-Oman talks to restore flows via the Strait of Hormuz helped cap gains.

Oil prices steady as investors cautious over Iran-Oman talks

Oil prices steady as investors cautious over Iran-Oman talks

By Anushree Mukherjee Aug 6 (Reuters) - Oil prices held steady on Thursday amid market caution over whether talks between Iran and Oman will restore flows through the Strait of Hormuz, while reports of attacks on Saudi tankers in the Red Sea and Gulf of Aden renewed supply tensions.

Oil gains as investors cautious over Iran-Oman talk progress

Oil gains as investors cautious over Iran-Oman talk progress

By Yuka Obayashi and Siyi Liu TOKYO/SINGAPORE, Aug 6 (Reuters) - Oil prices climbed on Thursday as investors remained cautious on the outcome of Iran-Oman talks and whether they will restore flows via the Strait of Hormuz, while reports of attacks on Saudi tankers in the Red Sea and Gulf of Aden

Oil prices slip as Iran cites progress with Oman on Hormuz agreement

Oil prices slip as Iran cites progress with Oman on Hormuz agreement

By Yuka Obayashi and Siyi Liu TOKYO/SINGAPORE, Aug 6 (Reuters) - Oil prices trended lower on Thursday on the progress in Iran-Oman talks, with investors cautiously waiting for signs of a U.S.-Iran peace deal and progress on reopening the Strait of Hormuz.

Oil prices slip as Iran-Oman talks fuel hopes for US-Iran peace deal

Oil prices slip as Iran-Oman talks fuel hopes for US-Iran peace deal

By Yuka Obayashi TOKYO, Aug 6 (Reuters) - Oil prices slipped on Thursday as investors assessed whether progress in Iran-Oman talks could pave the way for a U.S.-Iran peace deal to end the five-month war and reopen the Strait of Hormuz.

Oil prices rebound after Houthis say they attacked Saudi tanker

Oil prices rebound after Houthis say they attacked Saudi tanker

By Robert Harvey LONDON, Aug 5 (Reuters) - Oil prices rose on Wednesday after Yemen's Iran-aligned Houthi rebels said they attacked a Saudi oil tanker in the Red Sea, denting hopes of a de-escalation in Iran war hostilities that could restore shipping traffic and oil flows in the Middle East.

Oil prices ease on Hormuz reopening hopes, despite Houthi threats

Oil prices ease on Hormuz reopening hopes, despite Houthi threats

By Nicole Jao NEW YORK, Aug 5 (Reuters) - Oil prices edged lower on Wednesday on hopes of a de-escalation in Iran war hostilities that could restore shipping traffic in the Strait of Hormuz and oil flows in the Middle East.

Iran and Oman move closer to a deal on the Strait of Hormuz

Iran and Oman move closer to a deal on the Strait of Hormuz

Iran and Oman have moved closer to an agreement on the Strait of Hormuz

Oil prices drop 7% to three-week low after Trump cancels attack on Iran

Oil prices drop 7% to three-week low after Trump cancels attack on Iran

By Scott DiSavino NEW YORK, Aug 3 (Reuters) - Oil prices fell about 7% to a three-week low on Monday after U.S. President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from the Gulf.

Oil ticks up after selloff as talks to end US-Iran war remain uncertain

Oil ticks up after selloff as talks to end US-Iran war remain uncertain

By Ishaan Arora Aug 4 (Reuters) - Oil prices rebounded slightly on Tuesday, after plunging in the previous session, on concerns Middle Eastern supply remains at risk as a diplomatic resolution to the U.S.-Iran war that has disrupted shipments still seems unlikely.

Oil prices drop 5% to three-week low after Trump cancels attack on Iran

Oil prices drop 5% to three-week low after Trump cancels attack on Iran

By Scott DiSavino NEW YORK, Aug 3 (Reuters) - Oil prices fell about 5% to a three-week low on Monday after U.S. President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from the Gulf.

Goldman sees Brent at $80-$90 until US-Iran deal or major escalation

Goldman sees Brent at $80-$90 until US-Iran deal or major escalation

Aug 4 (Reuters) - Goldman Sachs said on Tuesday it expects Brent crude to trade in an $80-$90 per barrel range until there is either confirmation of a new U.S.-Iran nuclear deal or a significant escalation of their conflict.