Oil prices/Crude oil

Crude pares steep gains as traders take stock after US-Iran flare-up

Brent topped US$80 a barrel for the first time in two weeks.

Gulf companies are set to reveal the unequal toll of Iran war

In countries from Saudi Arabia and Oman to the United Arab Emirates and Qatar, company results are likely to be mixed.

Asian shares lose momentum, oil gains as Gulf hostilities resume

The flare-up in Middle East tensions and surge in oil prices have reignited inflation concern.

China’s reflation shows signs of peaking as Iran war shock fades

China exited economy-wide deflation last quarter after a three-year stretch.

Oil extends surge as fresh US strikes against Iran rattle market

West Texas Intermediate rose as much as 2.2 per cent to top US$75 a barrel following a gain of more than 4 per cent on July 8, while Brent closed near US$78.

S&P 500 ends down after Trump says Iran deal is ‘over’

Traders working on the floor of the New York Stock Exchange during morning trading on July 8, in New York City.

Oil prices soar over 6% after Trump says US ceasefire with Iran is ‘over’

West Texas Intermediate, the US oil benchmark, surged 2.9 per cent to US$72.46 a barrel as at 7.04am Singapore time.

Oil prices jump after strike on Qatari LNG ship in Strait of Hormuz

The strait – which links Persian Gulf producers to global markets – has partially reopened following its near-total closure triggered by the US-Iran war.

South Korea’s four oil refiners charged with price collusion

The prosecutors alleged that pricing managers at HD Hyundai Oilbank and SK Energy colluded on prices for their petroleum products shortly after the outbreak of the conflict in Iran earlier in 2026, Yonhap said.

Oil supply wave, tumbling prices rekindle fears of global glut

The physical oil market is flashing signs of weakness more extreme than any time since the demand collapse of Covid.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.