At the start of the US-Iran war, crude oil prices spiked above $100 a barrel. Since then, depending on the news flow, prices have risen above and dipped below $100/barrel. However, for most of the duration since the war started, the crude oil prices have ...

Oil prices have remained below $100 per barrel despite the prolonged disruption of Strait of Hormuz flows. Three key buffers have kept crude prices from surging: sharply lower Chinese crude imports, record-high U.S. oil exports, and strategic petroleum ...

China’s sharp reduction in crude imports since the outbreak of the Middle East war has proved key to easing global price pressures. But Societe Generale warns global price benchmark Brent may need to climb as global inventories fall and strategic ...

NEW DELHI: Crude oil prices fell below the $75-per-barrel mark on Wednesday as the Strait of Hormuz reopened but are yet to return to the pre-conflict levels of $65-70 a barrel. Get breaking news anytime, anywhere. Download the TOI app now! While Brent ...

Oil markets remain focused on hopes for a U.S.-Iran deal, but the physical market is facing a severe supply crunch. Global oil inventories are being depleted at a record pace, as governments draw down strategic reserves and stored crude to offset lost ...

An aerial-drone view of a crude-oil storage facility in Cushing, Okla. Crude inventories are at their lowest levels in years in the U.S. amid a war with Iran that's dragged on for months. There are growing worries that U.S. commercial oil inventories are ...

Crude oil markets have experienced heightened levels of volatility in 2026, with a record $38 intraday trading range set on March 9. Notably, however, volatility remains concentrated in near-term delivery contracts as the crude oil market remains in ...

Crude prices had declined recently from spikes well above $100 a barrel to around the levels they were at before the war with Iran began in late February.