Loading...

Loading...

Oil Prices Near US$97 as Iran Ceasefire Remains Fragile
By Perla Velasco - Fri, 04/10/2026 - 15:02
Oil markets closed out a week of extraordinary volatility on Friday, with Brent crude settling around US$96.69/b and WTI near US$97.87/b.
https://mexicobusiness.news/tag/iran
More Oil & Gas
Goldman Sachs Cuts 2Q26 Oil Forecast Amid Ceasefire
By Perla Velasco - Thu, 04/09/2026 - 13:14
The bank trimmed its 2Q26 outlook for Brent and WTI following the two-week truce brokered by Pakistan.
Dos Bocas Fire, Mexican Crude Hikes: The Week in O&G
By Perla Velasco - Fri, 03/20/2026 - 13:19
A fire broke out in the early hours of March 17, 2026, at the perimeter of the Dos Bocas refinery, claiming five lives.
Global Oil Crisis Is a Physical Supply Emergency: Sparta
By Perla Velasco - Wed, 03/11/2026 - 14:05
The closure of the Strait of Hormuz following the US-Israel military campaign against Iran has removed approximately 20MMb/d from global oil supply.
Global Oil Prices Peaked to US$119.50/b Amid Middle East Conflict
By Fernando Mares - Mon, 03/09/2026 - 11:45
Global oil prices peaked at US$119.50/b due to the Middle East conflict and shipping disruptions in the Strait of Hormuz.
Mexico's Mix Surges: The Week in Oil and Gas
By Perla Velasco - Fri, 03/06/2026 - 15:47
The conflict between the United States, Israel, and Iran has sent Mexico's crude export blend to its highest level in seven months.
US‑Israel Strikes on Iran Disrupt Global Shipping, Energy Routes
By Paloma Duran - Mon, 03/02/2026 - 11:59
US‑Israel military strikes on Iran and ensuing retaliation have disrupted traffic through the Strait of Hormuz and Bab el‑Mandeb
Oil Prices Remain Stable Amid Geopolitical Realignment
By Perla Velasco - Tue, 02/10/2026 - 11:54
Oil prices remain relatively stable this week as concerns over potential Middle East supply disruptions eased.
IEA: 2025 Global Oil Supply to Exceed Expectations
By MBN Staff - Thu, 08/21/2025 - 15:49
IEA has revised its forecast for global oil supply growth, projecting a stronger-than-expected increase for 2025 and 2026.
Oil Prices Could Benefit Mexico: The Week in Oil and Gas
By MBN Staff - Thu, 06/26/2025 - 12:45
Recent estimates indicate that rising oil prices could significantly impact the nation's federal revenues.