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News 2026-07-03 17:37 UTC

EMEA Oil Update: Crude Holds Steady as Markets Weigh US-Iran Peace Efforts

() -- EMEA crude futures largely held firm in after-hours trading on Friday as markets priced in a de-escalation of hostilities between the US and Iran, shifting focus back to fundamental supply-demand balances. Brent crude futures rose by 0.32% to $72.02 per barrel, while Murban crude futures climbed by 1.5% to $66.18

News 2026-07-03 13:28 UTC

EMEA Oil Update: Oil Futures Poised for Weekly Decline as US-Iran Diplomacy Holds

() -- Crude oil futures were posed for a weekly loss on Friday pressured by an increase in supply via the Strait of Hormuz as US-Iran peace talks ease geopolitical tensions. The front-month Brent futures contract was steady at $71.82 per barrel. Murban futures edged higher 1% to $65.94/bbl. However, both contracts were

News 2026-07-02 18:39 UTC

US Oil Update: Futures Steady as Hormuz Flows Recover, US-Iran Talks Show Progress

() -- Crude oil futures were little changed in midday trading on Thursday as a surge in crude flows via the Strait of Hormuz coincided with signs of progress in indirect talks between the US and Iran in Doha. Front-month West Texas Intermediate crude futures eased 0.15% to $68.48 per barrel, while Brent futures slipped