OIL PRICES
Crude oil prices end winning run with first weekly fall in nearly a month. Can liquid gold slide further?
Crude oil prices posted their first weekly decline in three weeks as improving flows through the Strait of Hormuz eased supply concerns. Brent fell over 5% for the week, while WTI declined more than 4%. However, prolonged shipping disruptions could push prices higher, with JPMorgan and Goldman Sachs flagging upside risks.
Oil settles lower on clues about Fed policy, rumors of Hormuz deal
On Friday, oil prices dipped, driven by signals from the Federal Reserve and circulating rumors regarding the Strait of Hormuz. Market traders assessed the possibility of rate hikes by the U.S. Federal Reserve aimed at battling inflation. Additionally, talks of a potential agreement to reopen the Strait influenced the market dynamics, which were affected by inconsistent oil flows, as U.S. officials addressed Venezuelan crude reserves.
Oil Price Today (August 28): Crude oil falls over 5% this week despite Trump rejecting terms of Iran deal. What are experts saying?
Brent crude futures fell 50 cents, or 0.6%, to $89 a barrel, while West Texas Intermediate crude futures declined 42 cents, or 0.50%, to $83. Brent was on track to lose 5.3% for the week, while WTI was set to fall 4.3%.
Global Market: European shares steady as Nvidia boost offsets consumer, auto weakness
European shares were largely flat as gains in technology stocks, fuelled by Nvidia’s upbeat revenue outlook, offset declines in consumer goods, chemicals and automobile stocks. Investors also tracked Middle East developments and falling oil prices, with hopes of progress in talks involving Iran and Qatar potentially easing concerns over energy supply disruptions.
Euro zone bond yields tick up after oil rises on Hormuz doubts
On Thursday, bond yields in the euro zone experienced a modest uptick. Meanwhile, oil prices rebounded slightly from their recent declines, impacting overall market sentiment. Diplomatic negotiations surrounding the Strait of Hormuz are ongoing, despite mixed signals from involved parties. Traders appear to anticipate minimal additional monetary tightening from the European Central Bank. Concerns over inflation and spending have pushed bond yields to levels not seen in several years.
India bonds decline as debt supply caution overpowers oil moves
Indian government bonds fell on Thursday, opening flat before succumbing to pressures from heavy debt supply despite declining oil prices. Policy meeting minutes hinted at possible interest rate hikes should inflation risks emerge more broadly. Meanwhile, Brent crude oil prices dropped for the fourth day in a row, and overnight indexed swap rates reflected a potential increase after a recent sharp decline.
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Oil Price Today (August 27): Crude oil dips to $87, down for 4th session amid Hormuz reopening hopes. What are experts saying?
Oil prices slipped on Thursday, extending their losing streak, as hopes of a Strait of Hormuz reopening grew amid diplomatic efforts involving Iran and Oman. Brent crude fell 0.7% to $87.24 a barrel, while WTI declined 0.7% to $81.67. Markets are watching developments around the key oil transit route; a reopening could potentially ease supply disruption concerns.
Oil prices extend losses on expectations talks to ease Middle East supply woes
Oil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening could alleviate supply issues arising from the ongoing conflict in the Middle East. Currently, Iran and Oman are working on arrangements for overseeing this vital shipping route. Meanwhile, Qatar's prime minister is set to visit Iran to renew diplomatic conversations aimed at resolving the war.
Oil shock could outlast conflicts
Global oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts remain unfulfilled, exacerbating the strain on energy markets. Regaining stability to pre-conflict pricing seems unlikely in the coming year, with the global market adapting to heightened energy costs. Demand is soaring, particularly from emerging economies, pushing consumption to unprecedented levels.
Global Market: European shares edge higher as oil prices fall, Nvidia earnings in focus
European shares edged higher as falling oil prices eased bond yields and supported equities, while investors awaited Nvidia’s quarterly results and fresh US inflation data. The STOXX 600 gained 0.1%, with basic resources leading gains, even as energy stocks lagged amid hopes of a reopening of the Strait of Hormuz.
Six months into Iran war, almost half of global oil flows from war zones
As of 2026, nearly half the world's oil originates from conflict-affected nations. Current oil disruptions have surpassed previous energy crises significantly. Attacks on Iran and the Russia-Ukraine war have severely impacted production.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42. Both benchmarks had declined more than 3% on Tuesday.
Oil prices slide 2% on Iran-Oman talks to reopen Strait of Hormuz
Oil prices have dropped following the revival of discussions between Iran and Oman regarding the management of the Strait of Hormuz. The losses across both benchmarks highlight the market's reaction to navigation issues. Despite uncertainty gripping the market, some bargain buying has emerged, preventing further price decreases, while the U.S. is shifting personnel to its Middle Eastern diplomatic missions.
Crude oil prices slide 4% as markets look past Iran sanctions
Oil prices dropped significantly as traders viewed new US sanctions on Iran less severely. Brent crude and West Texas Intermediate both reached their lowest levels since mid-August. The sanctions announcement was less aggressive than anticipated by many market participants. However, Iran has vowed retaliation, and shipping risks remain a concern for traders. Supply disruptions in Russia and Kazakhstan also occurred, but focus remains on Iran.
Euro zone yields dip from multi-year highs as oil falls on Iran sanctions
On Tuesday, government bond yields across the Euro zone saw a drop from recent peaks, accompanied by falling oil prices as traders evaluated newly imposed U.S. sanctions on Iran. Additionally, money markets adjusted their expectations regarding potential rate hikes by the European Central Bank this year. Meanwhile, recent data highlighted a rebound in German economic growth during the second quarter, with business sentiment climbing to its highest in a year.
UK gilt yields fall to lowest since mid-August as oil price slides
British government bond yields have reached their lowest point since mid-August, with ten-year gilt yields dropping markedly to levels not observed since August 14. This shift follows a substantial decrease in oil prices today. The patterns in gilt yields resonate with those seen in U.S. Treasury yields, as even thirty-year gilt yields have fallen to their lowest values since mid-August.
Oil fall lifts rupee to over one-week high after central bank keeps lid on losses
The Indian rupee surged to a one-week peak on Tuesday, empowered by the recent dip in oil prices alongside measures taken by the central bank. Throughout the trading day, the rupee remained within a narrow band as Brent crude prices decreased by more than three percent. Concurrently, Asian currencies showed slight declines, with the dollar index slipping beneath 99.
Global market: Eurozone bond yields steady as oil prices ease, traders assess Iran sanctions
Eurozone bond yields remained largely stable as investors assessed new U.S. sanctions on Iran and easing oil prices. Germany’s 10-year yield held near a 15-year high, while longer-term yields stayed elevated amid inflation risks, energy costs and fiscal spending. Stronger German growth reinforced expectations for ECB rate hikes, keeping borrowing costs high across Europe.
Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countries
Nearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energy markets. Reuters calculations based on IEA data show that Iran, Russia, Ukraine, Libya and Venezuela produced around 45 million barrels per day in 2025, accounting for more than 43% of global oil supply.
India bonds flat as oil prices shrug off US curbs on Iran
Indian government bonds experienced little movement early Tuesday, stabilizing after a recent decline. Oil prices reacted unfazed to new US sanctions, which alleviated some importer tensions. Market players are anticipating an upcoming state debt sale that could reveal investor appetite. Although bond yields are stable, lingering inflation and currency effects might weaken the market's mood. Nevertheless, abundant banking liquidity continues to bolster demand for bonds.
Oil Price Today (August 25): Crude oil at $92 as investors digest US economic sanctions on Iran. What’s next for investors?
Brent crude futures were up 6 cents, or 0.1%, at $92.16 a barrel, while U.S. West Texas Intermediate crude was up 15 cents at $85.12. Both contracts fell more than 2% on Monday, with U.S. crude touching a one-week low as investors took profits following a rally over the previous two weeks.
Oil prices steady as investors weigh impact of expanded US sanctions against Iran
On Tuesday, oil prices found stability following a notable decline on Monday. Investors are currently evaluating newly imposed U.S. sanctions that aim to target Iran's economy without resorting to military force. An incident involving an oil tanker near Oman has raised concerns about shipping safety. Additionally, the U.S. has reported a significant decrease in its strategic oil reserves, marking a historical low.
$20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO says
Shipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide margins for traders and shipowners. Producers are selling oil at lower prices, seeking market access after recent conflicts. Global oil prices remain below one hundred dollars due to these consistent shipments. Fuel markets, however, stay tight, impacting gasoline and diesel prices.
Oil Price Today (August 24): Crude oil slips below $93 ahead of US sanctions announcement on Iran. What are experts saying?
US Treasury Secretary Scott Bessent, who is scheduled to hold a press conference at 2 p.m. EDT (1800 GMT) on Monday, has threatened to impose "the toughest sanctions in history" on Iran. US President Donald Trump has also threatened sanctions against countries trading with Iran.
Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?
Crude oil Price today: An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. U.S. President Donald Trump also threatened economic retaliation against countries supporting Iran.
Global Market: Nikkei slips as rising oil prices, bond yields weigh on Japanese stocks
Japan’s Nikkei fell on Friday and was headed for its steepest weekly decline in more than a month as rising oil prices, higher bond yields and uncertainty over the Middle East conflict weighed on investor sentiment. The Nikkei was set for a 4% weekly loss, while the Topix was headed for a 3.4% decline, with energy prices adding to inflation concerns.
Oil prices steady as investors assess US-Iran war outlook
Oil prices stabilized as market participants evaluated the potential implications of the ongoing U.S.-Iran conflict. Shipping activity in the Strait of Hormuz faced disruptions due to rising tensions in the region. Last week's data revealed an increase in crude and gasoline inventories in the United States. Heightened volatility from conflicts in the Middle East continues to support market dynamics, suggesting a steady upward trajectory in oil prices.
Oil Price Today (August 19): Crude oil nears $92/barrel as Trump claims US in no talks with Iran. What lies ahead?
Crude oil prices edged closer to $92 a barrel on August 19 as escalating Middle East tensions and diplomatic stalemates between the US and Iran stoked global supply worries. Analysts at Goldman Sachs and JPMorgan warn Brent could spike past $110 if Strait of Hormuz shipping disruptions persist.
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