Brent crude News

Trump's Sanction Threats Spark 3% Surge in Oil Prices Amid Iran Deal Tensions

Oil prices surged by 3% following President Trump's threats to impose sanctions on Iran, aiming to cut its oil exports to zero unless a deal is made. WTI and Brent crude prices wit...

Oil Prices Surge 1% as US Inflation Drops to Lowest Since February 2021

Oil futures advanced by 1% after the US inflation rate for April showed a decline, the lowest since February 2021. WTI and Brent crude prices saw significant increases.

Crude Oil Prices Surge Over 2% as US-China Tariff Cuts Boost Demand Optimism

Crude oil prices surged over 2% following an agreement between the US and China to cut mutual tariffs for 90 days, boosting demand optimism. WTI and Brent crude both saw significan...

Indian Rupee Plummets 88 Paise to 85.71 Against Dollar, Marking the Sharpest Single-Day Decline in Over Two Years

The Indian rupee faced its worst single-day fall in over two years, closing at 85.71 against the dollar, amid escalating geopolitical tensions between India and Pakistan. Forex exp...

Global Oil Prices Surge Over 3% Amid Renewed US-China Trade Talks and UK Deal Optimism

Oil prices surged over 3% due to optimism around US-China trade talks and a new US-UK trade deal. WTI and Brent crude both saw significant increases, reflecting market confidence.

Oil Prices Slide Over 1% Amid OPEC+ Output Increase and US Crude Inventory Drop

Crude oil prices declined over 1% due to OPEC+ output increase concerns and US trade tariffs affecting demand, despite a significant drop in US crude inventories.

Oil Prices Tumble Over 1% as OPEC+ Output Hike Sparks Oversupply Fears

Crude oil prices declined over 1% as OPEC+ members suggested accelerating output hikes, sparking oversupply concerns. WTI and Brent crude both saw decreases, with US trade tariffs ...

Crude Oil Prices Take a Hit: OPEC+ Output Hike Sparks Oversupply Fears Amid Demand Concerns

Crude oil prices fell over 1% as OPEC+ members' decision to increase output sparks oversupply concerns, despite a significant drop in US crude stockpiles. WTI and Brent crude price...

Oil Prices Surge Over 1.5% Amid Escalating Middle East Tensions Following Israel's Counter-Attack

Oil prices surged over 1.5% following Israel's counter-attack in Yemen, responding to a Houthi strike on Tel Aviv's airport. WTI and Brent crude prices saw significant increases am...

Oil Prices Surge 1.5% Amid Escalating Middle East Tensions Following Israeli Counter-Attack

Oil futures rose by more than 1.5% following Israel's counter-attack on Yemen in response to a Houthi strike on Tel Aviv's Ben-Gurion Airport, with WTI and Brent crude prices seein...

Oil Prices Dip Amid OPEC+ Meeting Anticipation and US-China Trade Talks Uncertainty

Crude oil prices declined as investors remain cautious ahead of the OPEC+ meeting and skeptical about US-China trade talks. WTI and Brent both saw drops, reflecting concerns over g...

Oil Prices Slide Amid OPEC+ Meeting Anticipation and US-China Trade Tensions

Crude oil prices declined as investors anticipate the OPEC+ meeting and remain doubtful about easing US-China trade tensions. WTI and Brent prices dropped, reflecting concerns over...

Oil Prices Plummet Over 1% Amid Growing Recession Fears and Rising US Inventories

Oil prices dropped over 1% due to recession fears and a rise in US oil inventories. WTI and Brent crude both saw declines, with investor sentiment shaken by falling US consumer con...

Oil Prices Plummet Over 4% Amid Fears of Economic Slowdown and US-China Trade Tensions

Oil prices fell sharply due to economic uncertainty and US-China trade tensions, with WTI and Brent crude both experiencing significant drops. Recent US GDP data showing a contract...

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

Oil prices fell over 1.5% as Qatari Prime Minister reported progress in Gaza ceasefire talks. WTI and Brent crude prices dropped to $61.06 and $64.72 per barrel, respectively, amid...

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

Oil futures prices dropped over 1.5% following reports of progress in Gaza ceasefire talks, with WTI and Brent crude seeing significant declines. Qatari PM noted some progress, tho...

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

Oil futures prices dropped over 1.5% following Qatari Prime Minister's remarks on progress in Gaza ceasefire talks. WTI and Brent crude both saw declines, with an Israeli official ...

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

Oil prices dropped over 1.5% as Qatari Prime Minister noted progress in Gaza ceasefire talks, with WTI and Brent crude seeing significant decreases. An Israeli official mentioned i...

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

Oil futures dropped over 1.5% as Qatari PM noted progress in Gaza ceasefire talks, with WTI and Brent crude prices seeing significant declines. An Israeli official also mentioned m...

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

Oil prices dropped by over 1.5% as Qatar's Prime Minister reported progress in Gaza ceasefire talks between Israel and Hamas, with WTI and Brent crude seeing significant decreases.

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

Crude oil prices fell by over 2% following China's denial of a call between Presidents Xi and Trump, exacerbating trade tension fears. WTI and Brent crude both saw significant drop...

Oil Prices Drop 1% Amid Trade War Fears and OPEC+ Output Speculations

Oil prices fell by over 1% following President Trump's comments on trade tariffs and speculation about OPEC+ increasing output, raising oversupply concerns. WTI and Brent crude pri...

Oil Prices Dip Over 1% Amid Trade War Fears and OPEC+ Output Speculations

Oil prices fell over 1% due to trade war fears and speculations about OPEC+ increasing output, with WTI and Brent crude both seeing declines in early trading.

Oil Prices Drop 1% Amid Lingering Trade War Fears and OPEC+ Output Speculations

Oil prices fell over 1% due to trade war concerns and speculation about OPEC+ increasing output, with WTI and Brent crude prices dropping to $62.84 and $66.58 per barrel respective...

Global Oil Prices Surge 1% Amidst Escalating Middle East and Ukraine Conflicts

Oil futures prices increased due to ongoing conflicts in the Middle East and Ukraine, with WTI and Brent crude seeing significant rises. Geopolitical tensions continue to influence...

Oil Prices Surge 1% Amidst Escalating Geopolitical Tensions in Middle East and Ukraine

Oil prices have risen by 1% due to ongoing geopolitical tensions in the Middle East and Ukraine, with WTI and Brent crude both seeing increases in their June settlement prices.

Oil Prices Plummet Over 2% Amid Rumors of OPEC+ Accelerating Production Increases

Oil prices dropped over 2% as OPEC+ members consider proposing accelerated production increases for the second month in a row, with WTI and Brent crude both seeing significant decl...

Oil Prices Plummet Over 2% Amid Talks of OPEC+ Accelerating Production Increases

Oil prices dropped over 2% as OPEC+ considers accelerating production increases for the second month in a row, with WTI and Brent crude both seeing significant declines.

Oil Prices Plummet Over 2% Amid Rumors of OPEC+ Accelerating Production Increases

Oil prices dropped over 2% as OPEC+ members consider speeding up production increases for a second month, with WTI and Brent crude both seeing significant declines.

Crude Oil Prices Jump 1.6% as Trump Signals Lower China Tariffs, Sparking Demand Hopes

Crude oil prices increased by more than 1.5% following President Trump's indication of lowering tariffs on Chinese imports, alongside US sanctions on Iran's energy exports. West Te...

Oil Prices Plunge Over 2% Amid Speculations of OPEC+ Accelerating Production Increases

Oil prices dropped over 2% as OPEC+ members consider accelerating production increases for the second month in a row, with WTI and Brent crude both experiencing significant decline...

Crude Oil Prices Surge 1.6% as Trump Hints at Lower China Tariffs, Sparking Demand Hopes

Crude oil prices jumped over 1.5% following signals from US President Donald Trump about lowering tariffs on Chinese imports, potentially boosting demand. Additionally, US sanction...