Brent oil
Coverage of Brent oil in the Nexus archive.
- Shares skid in Asia in sell-off of AI-related shares as Brent oil tops $100 per barrel
Shares in Asia have declined following a surge in Brent oil prices to their highest since May, driven by increased fighting in the Middle East threatening global crude supply. The sell-off specifically targeted AI-related shares.
- How major US stock indexes fared Thursday 7/23/2026
Major US stock indexes were analyzed for their performance on July 23, 2026. Brent oil reached its highest price since May due to increased fighting in the Middle East, which threatened to disrupt the global flow of crude.
- Brent oil's price briefly tops $100 per barrel, as Tesla and Alphabet drag Wall Street lower
Brent oil's price briefly exceeded $100 per barrel due to increased Middle East fighting threatening global crude flow, while Tesla and Alphabet caused Wall Street to decline.
- Asian shares edge higher after Wall Street climb, even as Brent oil keeps rising
Asian shares are trading mostly higher following a Wall Street climb, despite concerns about rising Brent oil prices and inflation. The increase in Asian markets occurs amid ongoing worries about higher energy costs and inflationary pressures.
- Hedge Funds Add Bullish Oil Bets at Fastest Pace in a Decade
Hedge funds increased bullish bets on Brent oil at the fastest pace in nearly a decade amid escalating tensions between Iran and the US, which have reduced investor confidence in a sustained recovery in shipping through the Strait of Hormuz.
- Oil Edges Lower on OPEC Increase, Dollar Steady: Markets Wrap
Oil prices declined at the SK Innovation Co. Ulsan Complex refinery in South Korea following increased flows through the Strait of Hormuz. The drop erased wartime gains in Brent oil prices amid progress on a US-Iran peace deal.
- Oil’s Stunning Reversal Rekindles Fears of a Global Glut
Brent oil erased its wartime gains as increased flows through the Strait of Hormuz followed progress on a US-Iran peace deal. The development has rekindled concerns about a global oil glut.
- Oil Jumps After Tanker Hit in Middle East Flare-Up
Oil prices initially jumped following a Middle East flare-up involving a hit tanker but later erased gains as progress on a US-Iran peace deal increased flows through the Strait of Hormuz. The incident occurred at Odfjell Terminals Korea Co. facilities in Ulsan, South Korea.
- Micron Surges on AI Boom as Brent Oil Erases Iran War Gains | The Pulse 6/25/2026
Micron experienced a surge driven by the AI boom, while Brent Oil lost gains previously attributed to the Iran War.
- Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
Exxon executive Neil Chapman warned that oil inventories will reach all-time lows in weeks, causing physical Brent oil cargo prices to surge to $150–$160 per barrel.
- Commerzbank Sees Brent Oil Staying Over $80 Until End of Year
Commerzbank predicts Brent oil prices will remain above $80 until the end of the year due to tight supply conditions. Thu Lan Nguyen, the bank's head of commodities research, noted that even if tensions between the US and Iran ease and the Strait of Hormuz opens, supply constraints will persist.