LONDON (Reuters) -Oil prices held steady on Monday as Middle East risks eased while a possible OPEC+ output increase in August and uncertainty over the global demand outlook weighed on the market.

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Oil Prices Dip as OPEC+ Boosts Supply

Crude oil prices fell at the start of the week due to an anticipated increase in OPEC+ supply and the disappearance of the wartime premium after the Israel-Iran ceasefire. The global economic outlook ...

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Oil prices stabilize, record weekly loss of nearly 12%

Oil prices kept flat on Friday, but recorded their steepest weekly loss since March 2023, following a ceasefire agreement between Iran and Israel that ...

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Oil price hikes could squeeze SA farmers amid US-Iran conflict fallout

Conflict-driven oil price hikes may hurt SA agriculture through rising fuel and fertiliser costs, while export demand could fall due to global economic strain.

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The cheapest places in Northern Ireland for home heating oil as prices spike for second week

This week, the cheapest council area to buy any quantity of home heating oil is Derry City & Strabane. In this area, 300 litres will set you back an average of £197.61, £3.46 below the Northern ...

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