#Brent — FinScans

News 🏭 Commodities

Oil Erases Wartime Gains as Supply Swells, WTI and Brent Hold Near Lows

June 25, 2026 (93 days ago)

Oil prices erase wartime gains as swelling supply from OPEC+ and non-OPEC producers pressure benchmarks, with WTI and Brent holding near multi-month…

USOIL UKOIL

Brent-WTI Spread Flips to Contango as Hormuz Supply Climbs

June 24, 2026 (93 days ago)

The Brent-WTI crude oil spread inverted into contango as surging supply from the Strait of Hormuz outstripped demand, reshaping term structure dynamics.

USOIL UKOIL

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News 🏭 Commodities

Hedge Funds Pile Into Record Bearish Oil Bets Ahead of US-Iran MOU

June 22, 2026 (95 days ago)

Hedge funds piled into bearish oil bets ahead of a US-Iran MOU, positioning for a potential surge in Iranian crude exports that…

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News 🏭 Commodities

US Oil Sanctions Ease Temporarily, Allowing Iran Crude Imports — Oil Prices Slip

June 22, 2026 (95 days ago)

Temporary US sanctions relief on Iranian oil exports triggered a brief supply uptick, pressuring crude benchmarks as markets questioned the import window's…

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News 🏭 Commodities

Middle East’s $20B Push to Bypass Hormuz Jolts Crude Markets, Eases Supply Fears

June 22, 2026 (96 days ago)

Multibillion-dollar Hormuz bypass plan by Gulf states aims to secure oil exports, sinking crude risk premiums and reshaping energy infrastructure plays.

UKOIL USOIL

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News 🏭 Commodities

Iranian Crude Oil Exports Surge Through Strait of Hormuz, Adding to Global Supply

June 22, 2026 (96 days ago)

Iranian crude oil exports surge via Hormuz, raising global supply and pressuring Brent prices.

UKOIL USOIL

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News 🏭 Commodities

Iraq Orders Oil Output Increase After US-Iran Deal, Adding to Global Glut

June 20, 2026 (97 days ago)

Iraq’s decision to lift oil output after the US-Iran deal adds fresh supply pressure to crude markets, with potential implications for OPEC+…

UKOIL USOIL

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News 🏭 Commodities

Persian Gulf Oil Output Surge Tests Asian Buyers' Capacity as Prices Dip

June 19, 2026 (99 days ago)

A surge in Persian Gulf crude production is set to test Asian demand, pushing oil prices lower as supply outpaces consumption. Asian…

UKOIL USOIL

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News 🏭 Commodities

Oil Slumps Toward Deep Weekly Loss as Hormuz Tanker Traffic Returns

June 19, 2026 (99 days ago)

Oil markets are set for a steep weekly decline as increased tanker transit through the Strait of Hormuz eases supply disruption fears.

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News 🏭 Commodities

Iraq Oil Output Surge Adds to Global Supply as Loadings Resume

June 17, 2026 (100 days ago)

Iraq’s southern oil output surge adds bearish pressure to crude benchmarks as loadings resume, raising oversupply concerns.

UKOIL USOIL

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News 🏭 Commodities

Oil Stays Near Three-Month Low as Iran Nuclear Deal Progress Threatens Supply Glut

June 17, 2026 (101 days ago)

Oil prices linger at three-month lows as a potential Iran nuclear deal threatens to unleash fresh supply onto an already oversaturated market.

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News 🏭 Commodities

Essar Inks $500M Crude Supply, Fuel Off-Take Pact with IRH

June 16, 2026 (101 days ago)

Essar's $500 million deal with IRH to buy crude oil and sell Stanlow fuels strengthens the refiner's operational stability, while providing a…

ESSAR UKOIL

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