Latest News Updates From Stan Choe

GovernmentBusinessSafetyFuelLogistics

Oil Prices Rise as Trump Rejects Iran's Ceasefire Response

Brent crude, the international standard, gained 3.5% to $104.88 per barrel.

May 11, 2026
GovernmentBusinessSafetyFuelLogistics

Oil Prices Back Over $100 as Hormuz Remains Closed

Brent crude rose 1.8% to $101.80 per barrel after drifting between small gains and losses earlier in the morning.

May 8, 2026
GovernmentBusinessSafetyFuelLogistics

Oil Prices Fall on Tenuous Peace Between Iran, US

Brent crude, the international standard, fell 3.8% to $97.38 per barrel.

May 7, 2026
GovernmentBusinessSafetyFuelLogistics

Oil Prices Fall on Hopes for Deal to Reopen Strait of Hormuz

The price for a barrel of Brent crude oil, the international standard, sank 7.3% to $101.90, down from more than $115 early this week.

May 6, 2026
GovernmentBusinessSafetyFuelLogistics

Oil Prices Retreat as Hormuz Remains Largely Closed

The price for a barrel of Brent crude, the international standard, fell 3.2% to $110.78.

May 5, 2026
GovernmentBusinessSafetyFuelLogistics

Oil Prices Leap on Tensions Over Strait of Hormuz

The price of a barrel of Brent crude, the international standard, climbed 5.7% to $114.28.

May 4, 2026
GovernmentBusinessSafetyFuelLogistics

Oil Prices Up 9% for the Week

Brent crude, the international standard, fell 2% to $108.14 and trimmed its gain for the week to roughly 9%.

May 1, 2026
GovernmentBusinessSafetyFuelLogistics

Oil Prices Dip but Remain Well Over $100 a Barrel

In the most actively traded part of the market for Brent crude, for delivery in July, the price fell 0.4% to $110.03.

April 30, 2026
GovernmentBusinessSafetyFuelLogistics

Oil Prices Jump 5%

Brent for delivery in July, which is where more of the trading is happening in the oil market, rose 5.3% to $109.92.

April 29, 2026
GovernmentBusinessSafetyFuelLogistics

Oil Prices on Upswing as Iran War Drags On

Brent crude to be delivered in July, which is where more of the trading is happening in the oil market, rose 2.7% to $104.40 on April 28.

April 28, 2026

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