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Searched Tag: brent crude oil prices
Crude oil prices rebound as Iran war fears, Hormuz tensions and falling US inventories raise fresh concerns over global energy supplies.

Crude oil prices top $105 in early as supply concerns remain high

May 21, 2026, 11:01 AM - 2 min read

Brent crude, the international benchmark, climbed 0.77 per cent to reach $105.83 per barrel, while US West Texas Intermediate (WTI) futures gained 97 cents, or 0.99 per cent, to trade at $99.23.

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Crude oil prices drop to $109 in early trade

Crude oil prices drop to $109 in early trade

May 19, 2026, 09:07 AM - 2 min read

Brent crude futures for July delivery dropped $3.01, or 2.7 per cent, to trade near $109.09 per barrel during early trading hours.

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Brent crude stays above $113 a barrel amid uncertainty in Strait of Hormuz

Brent crude stays above $113 a barrel amid uncertainty in Hormuz

May 5, 2026, 10:12 AM - 2 min read

The latest spike came after the US military announced it had destroyed half a dozen Iranian small boats in response to alleged Iranian attacks on commercial vessels in the waterway. Iran rejected the claims and denied attacking the UAE.

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Representational image.

Brent crude surges past $120 per barrel

April 30, 2026, 07:41 PM - 2 min read

Brent crude to be delivered in June jumped 3.3 per cent to US $121.90 after briefly soaring past US $126 per barrel

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