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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.
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Oil prices rise after ship attacks, US-Iran talks deadlock

Oil prices rise after ship attacks, US-Iran talks deadlock

By Shadia Nasralla LONDON, Aug 12 (Reuters) - Oil prices rose in volatile trade on Wednesday after attacks on two ships reinforced worries about disruptions to Middle East supplies and as talks to end the Iran war hit an impasse.
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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.
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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.
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Oil rises as doubts over US-Iran deal heighten supply concerns

Oil rises as doubts over US-Iran deal heighten supply concerns

By Sam Li and Lewis Jackson BEIJING, Aug 12 (Reuters) - Oil prices rose on Wednesday morning as doubts about a U.S.-Iran peace deal and attacks on two ships fuelled concerns about Middle East supply disruptions, even as industry data showed U.S. crude inventories expanded.
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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.
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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.
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IEA slashes 2026 supply forecast as Hormuz reopening remains elusive

IEA slashes 2026 supply forecast as Hormuz reopening remains elusive

By Robert Harvey LONDON, Aug 12 (Reuters) - Global oil supply will fall by 4.3 million barrels per day, or around 4%, this year, the International Energy Agency said in its monthly oil market report on Wednesday, as renewed hostilities in the Middle East are set to plunge the world deeper into an
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Oil pares gains as traders weigh Oman-Iran talks

Oil pares gains as traders weigh Oman-Iran talks

By Anushree Mukherjee Aug 11 (Reuters) - Oil prices pared gains on Tuesday after hitting their highest for more than a week as signs of progress in talks between Oman and Iran over shipping through the Strait of Hormuz were weighed against ongoing disruption to Middle East energy flows.
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Oil rises as Iran and US trade demands for reopening Strait of Hormuz

Oil rises as Iran and US trade demands for reopening Strait of Hormuz

By Ishaan Arora Aug 11 (Reuters) - Oil prices rose more than 1% on Tuesday as hopes for a U.S.-Iran deal to end the war and reopen the Strait of Hormuz faded after President Donald Trump demanded compensation for damages from Tehran.
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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.
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Oil steady as Iran tempers hopes for swift Hormuz reopening

Oil steady as Iran tempers hopes for swift Hormuz reopening

By Sethuraman N R and Helen Clark NEW DELHI/PERTH, Aug 10 (Reuters) - Oil prices were little changed on Monday after surrendering earlier gains, as optimism over talks to reopen the Strait of Hormuz was tempered by Iran's insistence that the United States satisfy several demands before the waterway