#oil prices
21 articles tagged oil prices. This tag now lifts the site in topic search.
Timeline
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KOSPI weekly −1.50% (August 31 – September 4, 2026) — four up days lost to one down day
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Brent at $96.20 on September 3, 2026 — Iran fires missiles at Kuwait
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KOSPI closes at 6,562.72 on September 2, 2026 — a 4% drop with no domestic trigger
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US-Iran escalation, September 2, 2026 — eight missiles at a Jordan base, three Gulf states intercepting
All articles
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Economy · 2 min readKOSPI weekly −1.50% (August 31 – September 4, 2026) — four up days lost to one down day
Week — 6,788.88 to 6,687.21. Down 101.67 points, 1.50 percent, with four up days and one down day
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World · 3 min readBrent at $96.20 on September 3, 2026 — Iran fires missiles at Kuwait
Price — Brent 96.20 dollars (+57 cents), above 97 intraday, up more than 7 percent on the week
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Economy · 2 min readKOSPI closes at 6,562.72 on September 2, 2026 — a 4% drop with no domestic trigger
Close — KOSPI 6,562.72, down 273.08 points (3.99%); KOSDAQ 803.98, down 2.10%
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World · 2 min readUS-Iran escalation, September 2, 2026 — eight missiles at a Jordan base, three Gulf states intercepting
Escalation — US strikes near Hormuz for a second time; Iran promises retaliation
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World · 3 min readUS and Iran exchange fire on August 31, 2026 — Larak Island strike, then two US bases in Jordan
What — US forces hit two rocket launchers on Larak Island; Iran struck two US bases in Jordan
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Economy · 2 min readS&P 500 closes at 7,686.14 on August 31, 2026 — Dow sheds 374 points but August still ends higher
Close — S&P 500 7,686.14 (−0.33%), Nasdaq 26,370.89 (−0.12%), Dow 53,185.90 (−374.09 pts)
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Economy · 3 min readBrent crude back above $90 on August 31, 2026 — the settlement was reported as 90.49, 90.69 and 91.09
Direction — Brent back above $90, on the resumption of US-Iran fighting at the mouth of Hormuz
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Economy · 4 min readWhat a strategic petroleum reserve is — and why the US stock hit a 1983 low
Definition — crude a government stores in salt caverns against a supply shock
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Economy · 3 min readWTI settles at $84.89 on August 24, 2026 — down as sanctions landed
Settlements — WTI $84.89 (-2.5%), Brent $92.06 (-2.5%). Friday's were $87.06 and $94.39
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Economy · 3 min readUS gasoline at $4.1044 a gallon on August 20, 2026 — up 97 cents in a year
Price — $4.1044 a gallon on August 20. Up 3 cents on the week, 97.07 cents on the year
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World · 3 min readUS-Iran memorandum expires August 17, 2026 — it broke after ten days
The 60-day memorandum signed June 17 expired August 17 with no extension sought
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World · 3 min readHormuz traffic falls to zero on Sunday — 31 ships crossed the weekend before
Weekend traffic — five vessels Saturday, zero registered Sunday, down from 31 the prior weekend
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World · 4 min readHormuz transits at 3% of pre-war levels — both sides claim they closed it
Hormuz tanker transits — around 3% of the pre-war baseline on a weekly average, with at least one day recording zero
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Economy · 2 min readUS July CPI lands today — oil is what reopened the inflation question
Release: 8:30am ET, August 12 — effectively the last inflation print before the September FOMC
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World · 3 min readHormuz transit fees: Iran wants 7%, Oman offers 3%, Washington says zero
Lanes are split — inbound to the Gulf via northern Iranian waters, outbound via southern Omani waters
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World · 3 min readHormuz deal odds fall to 9% — and another tanker burned while the talks were on
Prediction markets put an Aug 15 deal at 9%, down 39 percentage points
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Economy · 3 min readDubai, Brent, WTI — the oil price in the headlines is not the one Asia pays
The three differ by origin, quality and trading form — quality runs WTI > Brent > Dubai
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Economy · 1 min readOil drops 5% — WTI back below $80
WTI crude fell more than 5% on Monday, breaking below $80 a barrel
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Economy · 1 min readHow oil reaches your wallet: the Korean pipeline
Crude price moves pass through import costs and won rates to pumps in 2–3 weeks
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World · 1 min readThe Strait of Hormuz: 34km that price the world
Hormuz is the only sea route between the Persian Gulf and the open ocean
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Economy · 1 min readSeoul reopens after the record surge: three checks
The KOSPI opens Monday for the first time since its record 17.91% single-day gain