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October 05, 2026

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MONDAY, OCTOBER 05, 2026

Oil prices

Oil prices

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

Oil holds near two-week lows while diesel cracks hit record peak

Brent crude futures rose 37 cents, or 0.37%, to $99.62 a barrel by 0958 GMT while West Texas Intermediate futures lost 44 cents, or 0.49%, to $90.08.

Large plume of black smoke rises from the fuel storage area at King Khalid International Airport, in Riyadh, Saudi Arabia, on 19 September, 2026. Picture taken with a mobile phone. Photo: Reuters

Oil price slides to 11-day low as US-Iran diplomacy hopes grow, Saudi export

Satellite image shows damage to the East-West pipeline facility in the Hejaz Region, Saudi Arabia, on 11 September, 2026. 2026. Photo: Reuters

Oil prices rise as Saudi pipeline outage, fresh attacks raise supply concerns

US President Donald Trump speaks at the Republican National Midterm Convention in Dallas, Texas, US, on 9 September 2026. Photo: Reuters

Trump says Iran war to end after US midterm elections, threatens to attack Pickaxe Mountain

Representational image. Photo: Reuters

Oil jumps nearly 8% to above $102 ahead of US blockade on Iran

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

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

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