Oil prices drop to cheapest level since early days of Middle East conflict

Oil prices had already fallen quite dramatically on Thursday and Friday in anticipation of a deal. Trump has posted online that the Strait of Hormuz will reopen after the deal is signed this Friday.
The New York Times

Oil Tumbles as Investors Grow Hopeful Turmoil in Gulf May Be Easing

Notes: Data shows future contract prices for Brent crude oil. Gaps indicate nontrading hours. Data is delayed at least 15 minutes. Source: FactSet. The New York Times By Gregory Schmidt Emmett Lindner ...
Free Malaysia Today on MSN

Saudis slash main oil price to rare discount as market dives

The price retreat highlights how quickly Persian Gulf producers restored oil flows through the Strait of Hormuz after an ...

India’s Economy Gets A Lift From Falling Oil Prices, But Weak Monsoons Are Now The Key Risk

Falling oil prices have dramatically improved India’s economic outlook, but the country’s biggest macro risk has shifted almost overnight. Sonal Varma, Chief Economist at Nomura, discussed in a recent ...
CNBC

Oil price spike turmoil far from over, IEA says as inventories are depleted at “record pace"

Oil prices could rise further over the summer as rapidly depleting inventories pile more pressure on the market, the IEA said. The energy agency also flagged further demand destruction as a result of ...
GMA Network on MSN

List: Pump price adjustments on Tuesday, June 30, 2026

Motorists can expect either pump price rollbacks or hikes this week, based on the permitted range of adjustments prescribed ...