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The Business Standard

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April 12, 2026

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SUNDAY, APRIL 12, 2026

Oil prices

Oil prices

A drone view of a pump jack and drilling rig south of Midland, Texas, US, 11 June 2025. REUTERS/Eli Hartman//File Photo

Oil rises as investors reassess Middle East ceasefire prospects

Iran is still reviewing a ​US proposal to end the war, but has no intention of holding talks ⁠to end the Middle East conflict, Iran's foreign minister said yesterday.

Vehicles move on a road in Bahrain's capital, Manama, yesterday. Photo: AFP

Iran targets Gulf nations with missiles, drones as oil prices soar

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, US, March 5, 2026. Photo: Reuters

Wall Street closes down as oil prices spike on Middle East conflict

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

Oil prices up nearly 3% as Israel-Iran conflict escalates, US response remains uncertain

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

Oil prices edge higher on hopes for more China stimulus

File Photo: Oil tankers pass through the Strait of Hormuz, December 21, 2018. REUTERS

Oil prices head back up on Middle East jitters

A worker walks past oil pipes at a refinery in Wuhan, Hubei province March 23, 2012. REUTERS/Stringer//File Photo

Oil edges higher as tighter supply looms, growth concerns weigh

Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford

Oil prices jump in blow to global inflation hopes

Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford/File Photo

Oil prices drop more than 1% as China demand data disappoints

Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford

Oil prices stable as economic fears offset supply woes

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

Oil prices mixed as Hurricane Ian output cuts support, dollar weighs

Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. REUTERS/Stringer

Oil prices surge more than 2% as Putin mobilises more troops

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base

Oil prices climb on weak dollar, supply concerns

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