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Brent Crude Hits $71 a Barrel as Trump Ramps Up Iran Threats
29 Jan 2026 13:39 GMT
… of conflict that could disrupt crude exports out of Iran or ripple … roughly 3.3 million barrels per day. Crude has rallied so … of oil prices by potentially $3 to $4 a barrel,” Citigroup … analysts including Anthony Yuen said in a note. “Oil …
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Brent crude tops $70 per barrel on Iran attack concerns
29 Jan 2026 12:48 GMT
… . military attack on Iran, OPEC's fourth-largest producer … the 20 million barrels per day of oil that navigates it … futures earlier topped $65 a barrel, also a four-month … s biggest oil producer and largest liquefied natural gas exporter, crude and gas …
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Mexico’s oil industry faces new pressures from Venezuela oil under US
29 Jan 2026 19:01 GMT
… state-owned oil company, at one of its petrochemical complexes in … Al Jazeera that domestic fuel production currently falls 21 percent … 60 percent of Pemex’s crude oil exports go to the US. … 200 barrels of crude oil per day and 2,000 barrels of refined products …
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Brent crude nears six-month high on Iran attack concerns
29 Jan 2026 15:44 GMT
… , OPEC’s fourth-largest producer with output of 3.2 million barrels … to the 20 million barrels per day of oil that navigates it … crude was up $2.54, or 4%, to $65.75 a barrel … ’s biggest oil producer and largest liquefied natural gas exporter, crude and gas …
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The Commodities Feed: Oil trades higher on Iranian risk
29 Jan 2026 16:35 GMT
… b/d of crude oil, while exporting around 1.5m b… week-on-week, while refineries reduced operating rates by 2 … week to 90.9%. Refined product stocks saw marginal increases … distillate inventories increasing 223k barrels and 329k barrels, respectively.
In the …
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Oil prices hit 4-mth high on US-Iran tensions, winter supply disruptions
29 Jan 2026 16:35 GMT
… disrupts supplies, inventories shrink
Oil clocked strong gains this week … showed at least 2 million barrels of crude per day of production … in the past week, while exports from the Gulf coast were … U.S. oil inventories shrank by 2.295 million barrels in the …
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Oil prices Surge As Iran Tensions Push Nigerian Crude Toward $70/barrel
29 Jan 2026 18:26 GMT
… around $69 per barrel, as Brent crude the global benchmark rose … involving Iran a major OPEC producer could disrupt global … , a critical chokepoint for oil exports.
Markets have built in … downstream markets such as domestic fuel pricing and transport.
Market …
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Oil hits a 4-month high as markets reprice geopolitical risk
29 Jan 2026 18:19 GMT
… agreement. The price of Brent crude oil (BZ=F) jumped as … roughly 20 million barrels of crude oil and other petroleum products cross its … by 2.3 million barrels from the previous week, … were to attack key oil-exporting infrastructure along the Persian …
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Oil prices rise for third consecutive day amid US–Iran tension
29 Jan 2026 16:18 GMT
… US restrictions on Russian oil purchases, and sustained … crude prices are quickly transmitted to domestic fuel prices … Refinery announced an increase in its gantry price of petrol … Petroleum Exporting Countries (OPEC), with output of about 3.2 million barrels …
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Nigerian oil nears $70 a Barrel as Iran attack fears mount
29 Jan 2026 15:50 GMT
Crude oil prices increased sharply on … 20% of the world’s crude oil is produced. Iran is … of Petroleum Exporting Countries, with a daily production of 3.2 million barrels …
Nigeria’s oil production still below OPEC quota
Average crude oil output from Nigeria …