Brent News

Oil Prices Drop Over 1% as US Inventories Rise and OPEC+ Considers Production Boost

Oil prices fell over 1% on Thursday due to unexpected US crude inventory increases and speculation about OPEC+ considering production boosts. WTI dropped to $63.10 while Brent decl...

Oil Prices Plummet Over 1.5% as U.S. Crude Inventories Unexpectedly Surge

Oil futures tumbled after API data showed a 1.51 million barrel increase in U.S. crude inventories, with WTI and Brent prices dropping over 1.5%. Market watchers are now anticipati...

WTI Crude Prices Fall 1% Amid Rumors of US-Russia Ukraine Ceasefire Deal

Crude oil prices slipped following reports of US-Russia negotiations on a Ukraine ceasefire, potentially affecting Moscow's control over Crimea and Donbass. WTI and Brent prices sa...

Oil Prices Dip Over 1% Amid OPEC's Output Hike and Global Demand Concerns

Oil prices fell by over 1% as OPEC's decision to boost production weighs on investors, with additional concerns over global demand and Trump's tariffs impacting the market. WTI and...

US GDP Growth Sparks 1% Surge in Oil Prices Amid Global Tensions

Crude oil prices rose over 1% following a report of 3% US GDP growth in Q2, sparking demand optimism. Geopolitical tensions and potential US sanctions on Russia also influenced mar...

Crude Oil Prices Surge Over 3% Following Trump's New 10-Day Deadline for Russia

Crude oil prices surged over 3% after President Trump set a new 10-day deadline for Russia to agree to a ceasefire, with WTI and Brent prices seeing significant jumps.

Crude Oil Prices Surge Over 1% Amid US-EU Trade Deal Optimism and China Talks

Crude oil prices advanced by more than 1% following the US-EU trade deal announcement, raising hopes for a US-China trade truce extension. WTI and Brent prices saw significant incr...

Oil Prices Surge Over 1% Amid Trade Optimism and Falling US Crude Inventories

Crude oil prices rose over 1% following trade deal announcements by President Trump and a report showing a decrease in US crude inventories, with WTI and Brent prices seeing signif...

Oil Prices Dip 1% Amid Growing Demand Concerns and Trade Talk Uncertainties

Oil futures declined by 1% due to demand concerns and uncertainties around EU-US trade negotiations. Iran's upcoming nuclear talks with Europe also contribute to market tensions, w...

Oil Prices Surge Over 1% Amid New US Tariffs and Anticipation Over Trump's Russia Statement

Crude oil prices surged over 1% following new US tariffs on EU and Mexico goods and anticipation over Trump's statement on Russia. WTI and Brent both saw significant increases.

Oil Prices Surge Over 2% as US-Canada Trade Tensions Escalate

Crude oil prices rebounded by over 2% amid escalating trade tensions between the US and Canada, with potential tariffs on the EU and Russia considering halting gasoline exports. WT...

Oil Prices Drop Over 1% Amid Speculations on OPEC+ Meeting and Iran Tensions Ease

Crude oil prices fell over 1% as markets react to the OPEC+ meeting speculations and easing tensions with Iran. WTI and Brent both saw declines in early trading.

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 ...