Oil Price Live - Energy News https://www.oilpricelive.com Latest news and analysis on oil prices, energy markets, and commodities. en-us Fri, 15 May 2026 13:15:47 GMT https://www.oilpricelive.com/images/opl.webp Oil Price Live - Energy News https://www.oilpricelive.com 60 <![CDATA[Why Brent is at $107 and not $150 after ten weeks of Hormuz closure]]> https://www.oilpricelive.com/news/why-brent-107-not-150-ten-weeks-hormuz-closure Wed, 13 May 2026 09:33:16 GMT https://www.oilpricelive.com/news/why-brent-107-not-150-ten-weeks-hormuz-closure news@oilpricelive.com (Energy Desk) oil-prices analysis brent strait-of-hormuz china iran-war brent wti <![CDATA[US gasoline hits $4.55 a gallon with $5 likely by Memorial Day]]> https://www.oilpricelive.com/news/us-gasoline-hits-4-55-gallon-5-dollars-memorial-day Sun, 10 May 2026 22:35:44 GMT https://www.oilpricelive.com/news/us-gasoline-hits-4-55-gallon-5-dollars-memorial-day news@oilpricelive.com (Energy Desk) oil-prices gasoline consumer-impact strait-of-hormuz iran-war eia wti brent gasoline <![CDATA[Brent back above $103 after US Navy fires on Iranian oil tanker]]> https://www.oilpricelive.com/news/brent-above-103-us-navy-fires-iranian-oil-tanker Thu, 07 May 2026 21:38:21 GMT https://www.oilpricelive.com/news/brent-above-103-us-navy-fires-iranian-oil-tanker news@oilpricelive.com (Energy Desk) iran-war oil-prices brent wti strait-of-hormuz us-navy brent wti gold <![CDATA[Brent below $97 as oil drops $17 in four days and Iran mocks deal talk]]> https://www.oilpricelive.com/news/brent-below-97-oil-drops-17-four-days-iran-mocks-deal Thu, 07 May 2026 12:51:57 GMT https://www.oilpricelive.com/news/brent-below-97-oil-drops-17-four-days-iran-mocks-deal news@oilpricelive.com (Energy Desk) oil-prices iran-war peace-deal brent wti strait-of-hormuz opec diplomacy brent wti <![CDATA[Brent crashes through $100 as US and Iran near deal to end the war]]> https://www.oilpricelive.com/news/brent-crashes-through-100-us-iran-deal-end-war Wed, 06 May 2026 11:40:14 GMT https://www.oilpricelive.com/news/brent-crashes-through-100-us-iran-deal-end-war news@oilpricelive.com (Energy Desk) oil-prices iran-war peace-deal brent wti strait-of-hormuz project-freedom diplomacy brent wti <![CDATA[WTI crashes below $96 as oil sheds 10% from Monday's war peak]]> https://www.oilpricelive.com/news/wti-crashes-below-96-oil-drops-10-percent-monday-peak Wed, 06 May 2026 09:29:09 GMT https://www.oilpricelive.com/news/wti-crashes-below-96-oil-drops-10-percent-monday-peak news@oilpricelive.com (Energy Desk) oil-prices iran-war wti brent demand-destruction hormuz opec wti brent <![CDATA[Brent drops $4 from 2026 high as Hormuz clash fails to break ceasefire]]> https://www.oilpricelive.com/news/brent-drops-4-hormuz-clash-ceasefire-holds-project-freedom Tue, 05 May 2026 20:26:28 GMT https://www.oilpricelive.com/news/brent-drops-4-hormuz-clash-ceasefire-holds-project-freedom news@oilpricelive.com (Energy Desk) iran-war oil-prices project-freedom strait-of-hormuz us-navy ceasefire brent brent wti <![CDATA[Iran drone hits Fujairah oil terminal, threatening the last route around Hormuz]]> https://www.oilpricelive.com/news/iran-drone-fujairah-oil-terminal-hormuz-bypass-under-attack Mon, 04 May 2026 20:44:44 GMT https://www.oilpricelive.com/news/iran-drone-fujairah-oil-terminal-hormuz-bypass-under-attack news@oilpricelive.com (Energy Desk) iran-war fujairah uae oil-prices strait-of-hormuz oil-infrastructure geopolitics brent wti <![CDATA[Project Freedom launches as US Navy guides first tankers through Hormuz under Iranian threats]]> https://www.oilpricelive.com/news/project-freedom-us-navy-guides-tankers-hormuz-iran-threatens-attack Mon, 04 May 2026 10:53:04 GMT https://www.oilpricelive.com/news/project-freedom-us-navy-guides-tankers-hormuz-iran-threatens-attack news@oilpricelive.com (Energy Desk) iran-war strait-of-hormuz project-freedom us-navy oil-prices shipping geopolitics brent wti <![CDATA[WTI drops 3% as Iran peace signals collide with crumbling demand]]> https://www.oilpricelive.com/news/wti-drops-3-percent-iran-peace-signals-demand-destruction Fri, 01 May 2026 14:13:29 GMT https://www.oilpricelive.com/news/wti-drops-3-percent-iran-peace-signals-demand-destruction news@oilpricelive.com (Energy Desk) oil-prices iran-war demand-destruction hormuz uae-opec wti brent <![CDATA[Iran may have to shut wells within weeks as Kharg Island fills up]]> https://www.oilpricelive.com/news/iran-shut-wells-kharg-island-storage-fills-blockade Fri, 01 May 2026 14:07:12 GMT https://www.oilpricelive.com/news/iran-shut-wells-kharg-island-storage-fills-blockade news@oilpricelive.com (Energy Desk) iran-war oil-prices hormuz blockade kharg-island brent wti <![CDATA[Brent rolled to July and the headline price just dropped $6 overnight]]> https://www.oilpricelive.com/news/brent-rolled-to-july-contract-headline-drop-explained Wed, 29 Apr 2026 06:57:16 GMT https://www.oilpricelive.com/news/brent-rolled-to-july-contract-headline-drop-explained news@oilpricelive.com (Energy Desk) analysis <![CDATA[EU energy bill tops €24 billion since Iran war as diesel jumps 26%]]> https://www.oilpricelive.com/news/eu-energy-bill-24-billion-iran-war-diesel-26-percent Tue, 28 Apr 2026 19:55:45 GMT https://www.oilpricelive.com/news/eu-energy-bill-24-billion-iran-war-diesel-26-percent news@oilpricelive.com (Energy Desk) analysis <![CDATA[UAE quits OPEC and OPEC+ on May 1 after nearly 60 years of membership]]> https://www.oilpricelive.com/news/uae-quits-opec-may-1-sixty-years Tue, 28 Apr 2026 19:49:15 GMT https://www.oilpricelive.com/news/uae-quits-opec-may-1-sixty-years news@oilpricelive.com (Energy Desk) opec Brent WTI <![CDATA[Iran offers Hormuz reopening for blockade lift as Trump weighs deal]]> https://www.oilpricelive.com/news/iran-hormuz-blockade-lift-trump-weighs-deal Mon, 27 Apr 2026 20:20:28 GMT https://www.oilpricelive.com/news/iran-hormuz-blockade-lift-trump-weighs-deal news@oilpricelive.com (Energy Desk) oil Brent WTI <![CDATA[Trump scraps Pakistan trip, setting up gap risk at Sunday oil open]]> https://www.oilpricelive.com/news/trump-scraps-pakistan-trip-sunday-oil-open-gap-risk Sat, 25 Apr 2026 19:46:57 GMT https://www.oilpricelive.com/news/trump-scraps-pakistan-trip-sunday-oil-open-gap-risk news@oilpricelive.com (Energy Desk) oil-prices iran-war trump hormuz futures brent wti naturalGas <![CDATA[Pentagon says clearing Hormuz mines could take six months; Trump triples the fleet]]> https://www.oilpricelive.com/news/pentagon-hormuz-mines-six-months-trump-triples-sweep-fleet Fri, 24 Apr 2026 22:31:44 GMT https://www.oilpricelive.com/news/pentagon-hormuz-mines-six-months-trump-triples-sweep-fleet news@oilpricelive.com (Energy Desk) iran-war hormuz pentagon oil-prices brent wti brent wti <![CDATA[Oil pushes higher as Iran pockets first Hormuz toll, US seizes tanker]]> https://www.oilpricelive.com/news/oil-higher-iran-first-hormuz-toll-us-seizes-tanker Fri, 24 Apr 2026 11:22:56 GMT https://www.oilpricelive.com/news/oil-higher-iran-first-hormuz-toll-us-seizes-tanker news@oilpricelive.com (Energy Desk) oil-prices brent wti hormuz iran brent wti naturalGas <![CDATA[Brent jumps to $102 as Iran seizes tankers and skips Pakistan talks]]> https://www.oilpricelive.com/news/brent-jumps-102-iran-seizes-tankers-skips-pakistan-talks Wed, 22 Apr 2026 18:30:55 GMT https://www.oilpricelive.com/news/brent-jumps-102-iran-seizes-tankers-skips-pakistan-talks news@oilpricelive.com (Energy Desk) oil-prices brent wti iran-war hormuz brent wti <![CDATA[Europe has six weeks of jet fuel left and airlines are already cutting]]> https://www.oilpricelive.com/news/europe-six-weeks-jet-fuel-airlines-cutting-hormuz Tue, 21 Apr 2026 17:30:36 GMT https://www.oilpricelive.com/news/europe-six-weeks-jet-fuel-airlines-cutting-hormuz news@oilpricelive.com (Energy Desk) jet-fuel airlines hormuz europe iea brent wti