oil prices

All Global Commodity Partners coverage tagged oil prices.

Oil tanker navigating through a narrow strait, symbolizing the Strait of Hormuz

Crude Oil Prices Decline Amid Hormuz Reopening Discussions

Crude oil prices experienced a fourth consecutive day of decline following news of Qatar's Prime Minister's visit to Tehran to discuss the potential reopening of the Strait of Hormuz.

27 Aug 2026 · GCP Newsroom · 2 min read

Oil barrels and a graph showing declining prices, representing market movements.

Oil Markets

Oil Prices Decline Amid Hopes for Mideast Diplomatic Breakthrough

Oil prices continued their decline for a fourth consecutive session on Thursday, as market participants anticipated that diplomatic efforts in the Middle East could alleviate regional supply constraints.

27 Aug 2026 · GCP Newsroom · 2 min read