(In US Dollar) Change Change(%)
Brent 63.02 0.32 0.51
WTI 58.81 0.4 0.68
OPEC Basket 58.76 0.25 0.43
Oil Drops as Trump Calms Iran Fears; Tech Stocks Slide in Asia

16/01/2026

Oil prices retreated from multi-month highs on Thursday and gold eased from a record peak after US President Donald Trump calmed market anxiety over potential US military action against Iran.

Asharq Al Awsat

Iraq's Oil Minister Says Talks Ongoing with Chevron on West Qurna 2 Oilfield

11/01/2026

Iraq's oil minister said on Saturday that talks were ?ongoing ?with ?US ?major Chevron regarding ?the Lukoil-operated West Qurna-2 field, the Russian company's ?largest foreign ?asset.

Chevr

Asharq Al Awsat

Oil steadies as market assesses potential disruption in Iran, dealmaking for Venezuela

11/01/2026

Oil prices steadied on Friday as concerns about potential disruption to Iran's output were offset by expectations of increased supply from Venezuela.

Brent futures gained 18 cents, or 0.3 pe

Reuters

Kuwait oil price down USD 1.09

09/01/2026

The price of Kuwaiti oil went down by USD 1.09 to reach USD 57.05 per barrel on Wednesday, compared to USD 58.14 on Tuesday, the Kuwait Petroleum Corporation (KPC) reported.

In global market

The Peninsula

Why crude oil's slide looks set to hit $50 this year

09/01/2026

Oil prices are drifting lower with a stubborn sense of inevitability, weighed down by swelling supply and an unconvincing geopolitical risk premium, even after the shock of a US strike in Venezuela.

Khaleej Times