Oil Slips to $68.85 as 20% of Global Supply Faces Hormuz Tension
Oil eased to $68.85 Brent and $64.15 WTI as U.S.–Iran tensions, EU sanctions on Russia, and India’s 6M-barrel purchase shaped markets.
By Arslan Ali Butt · Feb 10, 2026 · 3 min read
Oil eased to $68.85 Brent and $64.15 WTI as U.S.–Iran tensions, EU sanctions on Russia, and India’s 6M-barrel purchase shaped markets.
By Arslan Ali Butt · Feb 10, 2026 · 3 min read
Oil heads for its first weekly fall in seven weeks as US–Iran talks, Strait of Hormuz risks, and rising supply pressure prices…
By Arslan Ali Butt · Feb 6, 2026 · 3 min read
Oil tumbled 4.4% as U.S.–Iran talks reduced risk, the dollar strengthened on the Warsh pick, and warmer forecasts hit fuel demand while…
By Arslan Ali Butt · Feb 2, 2026 · 3 min read
Crude oil holds near $68 as U.S. storm disruptions, a weak dollar, Kazakh outages, and Middle East risk tighten supply and buoy…
By Arslan Ali Butt · Jan 28, 2026 · 3 min read
Oil stays above $65 as geopolitical tensions rise and supply fears grow. Investors await the Fed meeting for cues on future rates…
By Arslan Ali Butt · Jan 26, 2026 · 2 min read
Oil slips to $59 as Greenland trade tensions unsettle markets and investors await an IEA report expected to warn of oversupply and…
By Arslan Ali Butt · Jan 21, 2026 · 3 min read
Oil prices dip about 1% as easing unrest in Iran reduces supply risk premium; Brent trades near $63 and WTI around $59…
By Arslan Ali Butt · Jan 19, 2026 · 2 min read
Oil prices fall nearly 3% after a five-day rally as Trump’s remarks on Iran and U.S. policy reduce geopolitical risk, while supply…
By Arslan Ali Butt · Jan 15, 2026 · 2 min read
Oil prices pause after Venezuela resumes crude exports and U.S. inventories rise, while escalating unrest in Iran keeps a geopolitical risk premium…
By Arslan Ali Butt · Jan 14, 2026 · 3 min read
Oil prices edged higher as Iran unrest stokes supply fears and Venezuelan exports resume, balancing geopolitical risks, oversupply expectations and market dynamics.
By Arslan Ali Butt · Jan 12, 2026 · 3 min read