(In US Dollar) Change Change(%)
Brent 85.06 -0.08 -0.09
WTI 80.23 0.37 0.46
OPEC Basket 84.39 -1.77 -2.05
China's oil fortress will reshape global order and structure

17/07/2026

China caught the oil industry by surprise during the Iran war, pulling powerful levers to shield itself from the biggest energy shock in decades. In the process, it established itself as a new force

Reuters

Oil eases as traders lock in gains, assess Iran escalation

17/07/2026

Oil ?prices turned lower on Thursday as traders took profits while assessing the risks from a new wave of ?US strikes on Iranian military installations that stoked fears of renewed full-scale conflic

Arab News

Oil climbs as Hormuz tensions deepen; Iran threatens to halt Gulf energy exports

16/07/2026

Oil prices extended gains on Wednesday as fears of a prolonged disruption to energy supplies through the Strait of Hormuz intensified following the United States' reimposition of a naval blockade on

Trade Arabia

Oman's refinery output falls 6.8% by May

15/07/2026

Oman's refinery output declined 6.8% in the first five months of 2026, with production falling to 89.92mn barrels from 96.52mn barrels in the corresponding period last year, according to preliminary

Muscat Daily

Oil prices jump 9% to one-month high as US-Iran tension escalates

14/07/2026

Oil prices jumped more than nineper cent to a one-month high late on Monday after news ?that a US' naval blockade due to begin on Tuesday will cover Iran's entire coastline, ports and oil terminals,

Khaleej Times