Oil news
Follow the US oil price today, detailed information about oil contract prices, special oil price charts, and the most important oil price indicators.
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OPEC+ approves a new increase in oil production starting from August
The seven member countries of the OPEC+ alliance have decided to increase oil production levels by 188,000 barrels per day starting from August 2026, as part of the gradual implementation of the additional..
Sunday 05 July 2026 03:07pm | Source: ArabicTrader -
Oil prices decline as the risks in the Strait of Hormuz recede and talks with..
Key Points: Oil prices continue to decline for the third consecutive session as geopolitical risk premiums retreat. Brent crude fell to $70.70 and US crude to $68.15, at their lowest levels since..
Thursday 02 July 2026 10:48am | Source: ArabicTrader -
Aramco accelerates oil shipments to Asia through spot pricing
Five giant oil tankers carrying about 10 million barrels of Saudi crude left Ras Tanura port through the Strait of Hormuz, as Aramco intensified its oil shipping operations to Asian markets, coinciding..
Thursday 02 July 2026 10:15am | Source: ArabicTrader -
Why did gold prices rise today? The key drivers of the markets
Key Points Gold prices today rose by more than 1% as fears of tightening U.S. monetary policy eased. The drop in oil prices and the weakness of the dollar index boosted demand for the precious..
Thursday 02 July 2026 08:36am | Source: ArabicTrader -
Trump: Oil prices are falling and gasoline will continue to decrease
U.S. President Donald Trump stated that oil prices continue to decline at a rapid pace, pointing out that gasoline prices have also begun to drop, albeit at a slower rate, expressing his expectation that..
Thursday 02 July 2026 08:00am | Source: ArabicTrader -
The United States launches new strikes Trump issues a serious warning to Iran
US President Donald Trump warned Iran today against resuming combat operations, stating that Tehran "will no longer exist" if conflict breaks out again, marking a new escalation in American rhetoric regarding..
Sunday 28 June 2026 02:57pm | Source: ArabicTrader -
Iran is considering generating 40 billion dollars annually through the Strait..
A recent report about the Strait of Hormuz has attracted the attention of global markets following the disclosure of an Iranian intention to study imposing fees on ships for safe passage through the strategic..
Thursday 25 June 2026 03:40pm | Source: ArabicTrader -
Strait of Hormuz without transit fees Oman reassures global markets
The Sultanate of Oman confirmed that the arrangements concerning the Strait of Hormuz do not include imposing any fees for ships' passage, in a message aimed at reassuring global markets and the maritime..
Thursday 25 June 2026 11:22am | Source: ArabicTrader -
Oil prices fell for the second session as developments in the Strait of Hormuz..
Key Highlights Oil prices continue to decline for the second session amid supply pressures Gradual improvement in shipping traffic through the Strait of Hormuz puts pressure on..
Tuesday 23 June 2026 09:22am | Source: ArabicTrader -
Saudi oil exports decline for the second consecutive month
Saudi oil exports recorded a decline for the second consecutive month in April, reaching their lowest level since 2002, according to recent data released by the Joint Organizations Data Initiative (JODI),..
Tuesday 23 June 2026 08:46am | Source: ArabicTrader
The most important events affecting the price of oil against the dollar
| Monday 06 July 2026 | ||||||||
|---|---|---|---|---|---|---|---|---|
| 01:00am | AUD | -0.4% | -0.3% | |||||
| 01:30am | AUD | -0.2% | 2.0% | |||||
| 01:45pm | USD | 51.2 | 51.4 | 50.7 | ||||
| 02:00pm | USD | 54.2 | 54.5 | |||||
| 03:00pm | USD | |||||||