Oil prices surge as cyberattack prompts critical US fuel pipeline closure

At 11:28 am Singapore time (0328 GMT), the ICE August Brent futures contract was up 47 cents/b (0.64%) from the previous settle at $73.98/b, while the NYMEX WTI July light sweet crude contract was up 55 cents/b (0.77%)

Oil prices rose nearly 2% to their highest in more than two years on Tuesday, buoyed by expectations demand will recover rapidly in the second half of 2021. Brent crude rose 77 cents, or 1.1%, to $73.63 a

Oil prices rose for a second day on Wednesday on signs of strong fuel demand in Europe, while the prospect of a near-term return of Iranian oil supply faded as the U.S. secretary of state said sanctions against

Oil prices moved a shade higher on Tuesday as rising demand from the approach of the Northern Hemisphere’s summer driving season and lifting of coronavirus restrictions mixed with worries that Iran’s possible return to the market will cause

Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as investors tempered expectations of an early return of oil exporter Iran to international crude markets. Brent crude futures were

Oil rose on Tuesday to hit $70 a barrel for the first time since March before paring gains, lifted by expectations of demand recovery after reopenings of the European and U.S. economies offset concern over spreading coronavirus cases