Oil prices rise as Chinese refiners reportedly ban October fuel exports

Oil prices rise as Chinese refiners reportedly ban October fuel exports

Oil prices rose on Thursday, reversing earlier losses, following a report that Chinese refiners have suspended October fuel exports, further squeezing war-constrained energy markets. International benchmark Brent crude with December expiry was last seen trading 2.2% higher at $100.15 per barrel, having earlier traded 1% lower, while U.S. West Texas Intermediate futures with November expiry…

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Oil prices today: WTI, Brent, Middle East

Oil prices today: WTI, Brent, Middle East

Two sanctioned oil supertankers engage in a crude transfer near the Borrachas Islands at Venezuela’s northeastern coast off Puerto La Cruz, Venezuela Aug. 9, 2026. Leonardo Fernandez Viloria | Reuters Oil prices fell Thursday as Saudi Arabia shifts some crude exports through the Strait of Hormuz to compensate for the closure of a key pipeline,…

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Oil prices jump to near 4-month high as Oman-Iran talks on Strait of Hormuz postponed

Oil prices jump to near 4-month high as Oman-Iran talks on Strait of Hormuz postponed

  45m ago Fighting intensifies in Yemen after Houthis expand control of key shipping lane The conflict in Yemen intensified on Sunday as government forces launched attacks against Iran-backed Houthi rebels along the Red Sea coast, and the Houthis fired into neighboring Saudi Arabia, which supports Yemen’s government. Yemen’s government vowed to send more forces…

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