Brent News

Global Oil Demand Growth Slows: WTI Prices Plummet 4% Amid IEA Forecasts

WTI prices fell over 4% as the IEA predicts slower global oil demand growth for 2025 and 2026, alongside unexpected increases in US crude inventories raising supply concerns.

Oil Prices Dip 1% as API Reports Unexpected Crude Inventory Surge

Oil futures fell after the API reported a 4.29 million-barrel increase in crude inventories, contrary to expectations. WTI and Brent prices dropped, with market focus shifting to T...

Surge in Crude Oil Prices: A 1% Jump Following US Inventory Decline and Geopolitical Tensions

Crude oil prices jumped over 1% following a reported 4.5 million barrel drop in US inventories and increased demand in Europe and China. Geopolitical tensions, including conflicts ...

Crude Oil Prices Surge Over 1% Amid US Inventory Drop and Geopolitical Tensions

Crude oil prices increased by over 1% following a reported 4.5 million barrel drop in US inventories and heightened geopolitical tensions, including conflicts between India and Pak...

US Crude Oil Prices Surge Over 1% Amid Falling Inventories and Rising Geopolitical Tensions

Crude oil prices surged over 1% following reports of a 4.5 million barrel drop in US inventories and amid rising geopolitical tensions, including conflicts between India and Pakist...

Surge in Crude Oil Prices: A 1% Jump Following Unexpected US Inventory Drop

Crude oil prices jumped over 1% after a reported 4.5 million barrel drop in US inventories, with increased demand in Europe and China. Geopolitical tensions, including India-Pakist...

Oil Prices Surge Over 1% as US Inventories Drop and Geopolitical Tensions Escalate

Crude oil prices surged over 1% following a reported 4.5 million barrel drop in US inventories and increased demand in Europe and China. Geopolitical tensions, including conflicts ...

Oil Prices Surge Over 1% Amid US Inventory Drop and Rising Geopolitical Tensions

Crude oil prices jumped over 1% after US inventories reported a significant drop, with geopolitical tensions and increased demand in key markets further fueling the rise. WTI and B...

Geopolitical Tensions and OPEC+ Decisions Fuel a 2.5% Surge in Crude Oil Prices

Crude oil prices rebounded by over 2.5% following OPEC+'s decision to increase output and heightened Middle East tensions, with WTI and Brent prices showing significant gains.

Geopolitical Tensions and OPEC+ Decisions Fuel a 2.5% Surge in Oil Prices

Crude oil prices surged by over 2.5% amidst geopolitical tensions and OPEC+'s output increase decision, with WTI and Brent both seeing significant gains.

Geopolitical Tensions Fuel a 2.5% Surge in Crude Oil Prices Amid OPEC+ Output Adjustments

Crude oil prices surged over 2.5% due to geopolitical tensions and OPEC+'s output increase, with WTI and Brent prices showing significant gains. Hamas's withdrawal from truce talks...

Geopolitical Tensions Fuel a 2.5% Surge in Crude Oil Prices Amid OPEC+ Output Adjustments

Crude oil prices surged over 2.5% as geopolitical tensions and OPEC+ output adjustments impact the market. WTI and Brent futures both saw significant increases.

Geopolitical Tensions Fuel a 2.5% Surge in Oil Prices Amid OPEC+ Output Decisions

Crude oil prices surged over 2.5% amid geopolitical tensions and OPEC+'s output increase, with WTI and Brent prices showing significant gains. Hamas's withdrawal from truce talks a...

Geopolitical Tensions Fuel a 2.5% Surge in Oil Prices Amid OPEC+ Output Decisions

Crude oil prices surged over 2.5% amid geopolitical tensions and OPEC+ output decisions, with WTI and Brent both seeing significant increases. Hamas's withdrawal from truce talks w...

Oil Prices Plunge 4% Following OPEC+ Decision to Increase Production for Second Month

Crude oil futures dropped 4% after OPEC+ agreed to increase production by 411,000 barrels per day in June, affecting WTI and Brent prices significantly.

Oil Prices Dip Over 1.5% Amid Reports of Progress in Gaza Ceasefire Negotiations

Oil futures dropped over 1.5% as Qatari Prime Minister noted progress in Gaza ceasefire talks, with WTI and Brent prices falling to $61.06 and $64.72 per barrel respectively. An Is...

Oil Prices Dip Over 1.5% Amid Reports of Progress in Gaza Ceasefire Negotiations

Oil prices dropped by over 1.5% following reports of progress in Gaza ceasefire talks. WTI and Brent futures saw significant decreases, with market reactions closely tied to the de...

Global Oil Prices Plunge Over 2% Amid Rising US-China Trade Tensions

Crude oil prices fell by over 2% as trade tensions between the US and China escalate, with China denying a claimed call between Trump and Xi Jinping. WTI and Brent prices both drop...

Crude Oil Prices Plummet Over 2% Amid Escalating US-China Trade Tensions

Crude oil prices fell over 2% as trade tensions between the US and China escalate, with China denying a claimed call between Trump and Xi Jinping. WTI and Brent prices dropped sign...

Global Oil Prices Plunge Over 2% Amid Escalating US-China Trade Tensions

Crude oil prices fell by over 2% following China's denial of a call between US President Trump and China's President Xi, exacerbating trade tensions. US Treasury Secretary Bessent ...

Crude Oil Prices Surge 1.6% as Trump Signals Tariff Reductions on China

Crude oil prices rose over 1.5% as President Trump signaled potential tariff reductions on Chinese imports, boosting market optimism. Additionally, US sanctions on Iran's energy ex...

US Market Recovery Fuels Over 2% Surge in Crude Oil Prices Amid OPEC+ Report

Crude oil prices jumped over 2% as U.S. stock markets recover, with WTI and Brent seeing significant increases. Investors are also weighing the OPEC+ report showing a production de...

Surge in Crude Oil Prices: A 2% Jump as US Markets Bounce Back from Selloff

Crude oil prices jumped over 2% as US markets recover from a selloff, with WTI and Brent seeing significant increases. OPEC+ reports a production decline, influencing investor sent...

US Market Recovery Fuels Over 2% Surge in Crude Oil Prices Amid OPEC+ Report

Crude oil prices jumped over 2% as US markets recover, with WTI and Brent seeing significant increases. OPEC+ reports a production decline, influencing investor sentiment.

Crude Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices rose over 1% as Gaza ceasefire hopes vanished after Hamas rejected Israel's proposal. OPEC+ production fell in March, and OPEC lowered its 2025 oil demand forecast...

Global Oil Prices Tumble Over 5% Amid Escalating US-China Trade Tensions

Oil futures plummeted over 5% as US-China trade tensions escalate, with China imposing 84% tariffs on US goods. WTI and Brent prices saw significant drops, reflecting investor caut...

US-China Trade War Intensifies: Oil Prices Drop Sharply by 3% Amid Tariff Escalation

Crude oil prices fell sharply as US-China trade tensions escalated, with WTI dropping over 3% following Chinese retaliatory tariffs. Concerns over demand weakness and trade war imp...

US-China Trade War Intensifies: Oil Prices Drop Sharply by 3% Amid Tariff Escalation

Crude oil prices dropped over 3% as US-China trade tensions escalate, with WTI and Brent both seeing significant declines. Chinese retaliatory tariffs and accusations of the US usi...

Crude Oil Prices Dip Over 1% Amidst China-US Tariff Tensions and Demand Concerns

Crude oil prices fell over 1% as China's retaliatory tariffs on U.S. goods took effect, raising demand concerns. Meanwhile, President Trump maintains tariffs on China but pauses mo...

Crude Oil Prices Dip Over 1% Amid China-US Tariff Tensions and Global Trade Uncertainties

Crude oil prices fell over 1% as China's retaliatory tariffs on U.S. goods took effect, raising demand concerns. Meanwhile, President Trump maintains tariffs on China but pauses mo...

Crude Oil Prices Dip Over 1% Amidst China-US Tariff Tensions and Demand Concerns

Crude oil prices fell over 1% as China's retaliatory tariffs on U.S. goods took effect, raising demand concerns. Meanwhile, President Trump maintains tariffs on China but pauses mo...

Global Oil Prices Tumble Over 6% Following China's Sharp Increase in US Goods Tariffs

Crude oil prices plummeted by over 6% after China raised tariffs on US goods to 84%, responding to US tariffs on Chinese imports. WTI and Brent prices dropped significantly, reflec...