Brent

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, US November 24, 2019. Photo: REUTERS/Angus Mordant/File Photo
Global Economy

Oil extends climb on fresh Iran sanctions, lower US crude stocks

Brent crude futures climbed 55 cents, or 0.8%, to $67.99 a barrel at 0400 GMT, while US West Texas Intermediate crude was up 54 cents, or 0.9%, at $64.21 a barrel

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo
Global Economy

Oil falls as concerns about demand amid US tariff upheaval return

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo
Global Economy

Oil plunge deepens on fears global trade war could trigger recession

Passersby chat in front of an electric board displaying the Nikkei stock average outside a brokerage in Tokyo, Japan, September 30, 2024. Photo: REUTERS/Kim Kyung-Hoon/File Photo
Global Economy

Oil slides on Mideast respite, yen down as Japan govt loses majority

A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. Photo: REUTERS/Lucy Nicholson/File Photo
Global Economy

Oil prices likely to fall after Israel shows restraint in strikes on Iran

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US April 21, 2020. Photo: REUTERS/Drone Base/File Photo
Global Economy

Oil falls 3% as concerns ease on potential Iran supply disruption

An oil pump of IPC Petroleum France is seen at sunset outside Soudron, near Reims, France, August 24, 2022. REUTERS/Pascal Rossignol/File Photo
Global Economy

Brent slips below $85 a barrel for the first time since January