This week, the average prices for Dated Brent, Azeri LT CIF, Azeri Light FOB Ceyhan, and Urals (EX NOVO) crude oils ...

Brent crude oil price has suffered a harsh reversal in the past few days as the crisis in the Middle East eased ...

Costa Rica maintains economic stability amid global tensions with Israel, Iran, and the U.S. Strong reserves and steady ...

The probability of a major oil supply disruption such as a closure of the Strait of Hormuz estimated from options has retreated to just 4% following the Israel-Iran ceasefire, Goldman Sachs analysts ...

Oil prices were edging higher in early trade, but remained on track for steep weekly losses as the geopolitical risk premium ...

Find insight on oil futures, Canada’s economy, Medco Energi Internasional, and more in the latest Market Talks covering ...

Front Month ICE Brent Crude for Aug. delivery lost $9.24 per barrel, or 12.00% to $67.77 this week --Largest one week net decline since the week ending March 17, 2023 ...

The Israel-Iran cease-fire and avoidance of supply disruptions took much of the geopolitical risk premium out of the price.

Crude oil had been holding gains, but recent market talk that OPEC and its allies are weighing another "super-sized" increase has sent West Texas Intermediate lower after topping out at more than ...

In the event, Monday proved a turning point. Tehran didn’t close the strait. Instead, it fired missiles on a nearly empty ...

GEOPOLITICAL RISKS: With the start of the ceasefire, oil prices stabilized at levels seen before conflict. The estimated geopolitical risk premium has now fallen to below $1 a barrel from its Sunday ...

The recent oil price spike ended as routinely as it arrived after hostilities ceased in the Middle East. So, where next for ...