Tracking Oil Prices and US Gas Prices Amid Iran Conflict

Tracking oil prices and US gas prices amid Iran conflict

By Matt Stiles, Tal Yellin, Byron Manley, Lou Robinson, Renée Rigdon, Annette Choi, Soph Warnes, CNN (CNN) — Global oil prices rose significantly during the United States and Israel’s war with Iran. Since the United States and Iran signed a peace plan to end the war, oil prices have been declining and all eyes are

Oil prices DROP to pre-Iran-conflict levels

The price of oil has fallen to pre-conflict levels after more than four months of a damaging surge from the conflict with Iran.On Friday, Brent Crude oil traded at about $72 and has fallen farther to $70 on Tuesday, just below the $72 mark before the U.S. and Israeli strikes on Iran commenced in late February.'We're either going to make a deal, or we're going to finish the job. It won't be tough to finish the job.' President Donald Trump faced s…

Analysts: Petrol prices at Singapore pump stations will take longer time to return to pre-Middle East conflict levels

SINGAPORE: Petrol prices in Singapore have started to edge down, but vehicle drivers shouldn’t expect a return to pre-Middle East war prices anytime soon. Brent crude has slipped back to about US$72 (S$92.97) a barrel, close to the roughly US$70 level seen before fighting broke out in the Middle East in late February. Even so, petrol prices at local stations are still about S$0.48 per litre higher than before the conflict. Analysts said the drop…