#Brent — FinScans

News 🏭 Commodities

Canada Greenlights 100+ Oil Drilling Permits in Emerging Shale Play

July 6, 2026 (126 days ago)

Canada unleashes a surge of oil drilling permits in a new geological play, adding bearish pressure to crude markets as non-OPEC supply…

USOIL UKOIL

🌍 CA Read More →

News 🏭 Commodities

OPEC+ Plans Production Hike After War, Threatening Oil Surplus and Price Drop

July 6, 2026 (127 days ago)

OPEC+ emerges from wartime constraints and signals a return to higher production, which could flood the market with excess supply and drive…

USOIL UKOIL

🌍 GLOBAL Read More →

News 🏭 Commodities

Oil Prices Drop as Hormuz Flows Persist, OPEC+ Prepares More Supply

July 6, 2026 (127 days ago)

Oil prices declined on July 5 as the Strait of Hormuz saw no disruption and OPEC+ prepared to increase output, with WTI…

USOIL

🌍 GLOBAL Read More →

News 🏭 Commodities

Oil Tankers Shift to Oman Coast Route After Hormuz U-Turns, Easing Blockade Fears

July 5, 2026 (128 days ago)

Oil tankers navigating the Strait of Hormuz rerouted to a path along the Omani coast after making U-turns, a sign of heightened…

UKOIL USOIL XAU/USD

🌍 MIDDLE EAS Read More →

News 🏭 Commodities

OPEC+ to Raise Oil Output by 400,000 b/d in August as Gulf Flows Rebound

July 5, 2026 (128 days ago)

OPEC+ ratified a modest oil output hike for August, lifting daily production by 400,000 barrels as Gulf output recovers, a move likely…

USOIL UKOIL USD/CAD

🌍 GLOBAL Read More →

News 🏭 Commodities

OPEC+ Agrees 188k b/d Quota Hike; Gulf Flows Resume, Sending Oil Lower

July 5, 2026 (128 days ago)

OPEC+ announced a 188,000 barrel-per-day quota hike and Gulf oil flows resumed, triggering a selloff in crude futures as markets braced for…

USOIL UKOIL USD/CAD

🌍 MIDDLE EAS Read More →

News 🏭 Commodities

Oil Prices Plunge as Stunning Reversal Stirs Global Glut Fears

July 4, 2026 (129 days ago)

Oil's sudden price reversal stokes oversupply fears, with WTI and Brent plummeting as rising inventories and weak demand signal a global glut;…

USOIL UKOIL XLE +1

🌍 GLOBAL Read More →

News 🏭 Commodities

Drone Attack on Russia’s St. Petersburg Oil Terminal Lifts Crude Prices

July 4, 2026 (129 days ago)

Brent crude rallies after a drone strike on a St. Petersburg oil terminal raises supply disruption fears and adds a geopolitical risk…

UKOIL USOIL XAU/USD

🌍 RU Read More →

News 🏭 Commodities

Citi Sees Brent Crude Dropping to $60 a Barrel by Year-End

July 3, 2026 (130 days ago)

Citi predicts Brent crude will tumble to $60 per barrel by year-end, pointing to a bearish shift in oil markets.

UKOIL

Europe Warns Strait of Hormuz Tolls Inevitable, Oil Prices Jump

July 2, 2026 (131 days ago)

European governments expect Strait of Hormuz transit tolls to become reality, disrupting oil shipments and pushing benchmark crude prices higher amid rising…

UKOIL XAU/USD USOIL +1

🌍 EU Read More →

News 🏭 Commodities

Saudi Crude Exports Near Pre-War Levels as Hormuz Shipments Jump

July 2, 2026 (131 days ago)

Saudi oil exports recovering to pre-war levels and higher Hormuz flows signal a less constrained global oil market, weighing on crude prices.

UKOIL USOIL

🌍 SA Read More →

News 🏭 Commodities

UAE Oil Exports Surge to Pre-War Levels via Dark Ships and Hormuz Bypass

July 1, 2026 (131 days ago)

UAE oil exports hit pre-war levels as dark ships and the Hormuz bypass pipeline swell global crude supply, weighing on Brent amid…

UKOIL USOIL

🌍 AE Read More →