Brent Crude Oil News and Price Updates
109.68
3.96
3.75 %
At close
10/16
USD
Daily range
104.16
110.04
110.04
Weekly range
103.51
110.04
110.04
Pakistan cuts petrol price for three days, leaves diesel unchanged
Pakistan lowers the retail price of petrol for a three-day period ending October 19, while leaving high-speed diesel rates unchanged. The short-term revision follows another midweek fuel price ...
Oil market rally deepens as Brent tops $110 on Middle East tensions
Escalating attacks around Saudi Arabian energy infrastructure are driving a fresh jump in crude prices and reviving concerns over global supply security. Brent briefly trades above $110 a barrel ...
Oil market steadies on Middle East supply risks, weekly gains intact
Crude prices hold near recent highs as traders weigh supply disruption risks in the Middle East against policy moves aimed at easing fuel shortages. Brent is on track for a weekly gain of 1.4% and ...
Brent crude holds steady as escalating tensions in the Middle East keep focus on oil supply
Brent crude (XBR) is trading at $105.71 after a marginal move down for the day, with the price holding above its key moving averages across short-, medium-, and ...
Oil prices stabilize as Middle East conflict keeps supply concerns elevated
Oil prices were mixed Friday but remained on track for weekly gains as disruptions to Middle East shipments and a sharp decline in U.S. crude inventories supported the market. Brent futures ...
Brent crude price holds steady amid IEA emergency stock release and resistance test
Brent crude (XBR) is trading at $106.18, posting a modest gain over the previous session. The price remains above its key moving averages, highlighting ongoing ...
Oil market reprices long-term supply risk as Iran war keeps futures elevated
Eight months into the Iran war, oil traders are increasingly pricing in a longer period of elevated energy costs rather than a short-lived supply shock. Brent futures for late 2026 and 2027 have ...
Brent crude price forecast: $102.41 support in focus as XBR trades flat
Brent crude (XBR) is trading at $105.21, reflecting a slight decline on the day and positioning itself below its short-term averages but holding above key medium- ...
Brent oil slips as Russian tanker sanctions relief outweighs geopolitical risks
Brent crude fell more than 1% Thursday as Washington considered relaxing restrictions on Russian oil tankers, raising expectations that some pressure on global fuel supplies could ease. The ...
Will Brent crude price hold above key support amid mixed momentum signals?
Brent crude (XBR) is trading at $104.75, down 1.21% on the day. The asset currently sits below its short- and medium-term moving averages but remains above ...
Pakistan fuel pricing adjusts as petrol rises and diesel eases
Pakistan adjusts retail fuel prices again for October 15, lifting petrol rates while slightly lowering high-speed diesel under its regular pricing mechanism. The move follows a cut announced a day ...
India merchandise trade deficit widens in September as imports outpace exports
India's merchandise trade deficit stands at $30.21 billion in September as imports continue to rise faster than exports. The gap is slightly below economists' expectations of $30.4 billion and ...
Oil markets slide as supply offsets temper Strait of Hormuz risk
Crude prices are falling in early Thursday trading as investors balance escalating shipping attacks near the Strait of Hormuz against signs that supply constraints may ease. The decline comes even ...
Brent crude price tests $109 as geopolitical tensions sustain momentum
Brent crude (XBR) is trading at $106.3, posting a modest gain for the session. The price remains above its key moving averages in the short, medium, and long term, ...
Oil prices advance amid new Iranian threats to tankers
Oil prices climbed Wednesday as fresh attacks on shipping near the Strait of Hormuz and a strike on a Saudi Aramco facility heightened concerns about Middle Eastern energy supplies. Iran's ...
Will Brent crude oil price hold its ground amid heightened supply disruption fears?
Brent crude oil (XBR) is trading at $106.21, essentially flat on the day with minimal movement. The price remains above its key moving averages, reflecting ...
U.S. stock futures rise ahead of bank earnings and CPI data
Investor focus is turning to a fresh batch of big bank results and closely watched inflation figures as U.S. equity futures trade mixed early Wednesday. Gains in Dow and S&P 500 futures are ...
European refineries face margin collapse as crude and freight costs surge
Europe's oil refiners are coming under pressure as higher crude acquisition and shipping costs erode profitability across the region. The squeeze is raising the risk of output cuts at a time when ...
PIMCO stays neutral on Indian assets, sees RBI hiking rates by 75 basis points
India's strong growth is colliding with renewed inflation pressure from food and energy prices as investors reassess the path of monetary tightening. PIMCO says it remains broadly neutral on ...
Oil prices rise as Saudi supply risk offsets Russian diesel outlook
Crude benchmarks move higher in early trading as the market balances fresh threats to Saudi supply against signs of additional fuel flows from Russia. Brent climbs to $106.58 a barrel and U.S. ...
$104.12 support keeps Brent crude oil trading flat
Brent crude oil (XBR) is trading at $105.83 after a modest slip on the day, with the price holding above its key moving averages. The asset remains comfortably ...
