crude oil market News

Geopolitical Tensions Fuel Oil Prices: A 1% Surge Amidst Middle East and Ukraine Conflicts

Oil futures prices rose by 1% due to ongoing conflicts in the Middle East and Ukraine, with WTI and Brent crude seeing significant increases. The geopolitical uncertainty continues...

China's New Tariffs on US Goods Trigger a Sharp 6.5% Drop in Oil Prices

Crude oil prices fell sharply by more than 6% after China announced higher tariffs on US goods, retaliating against US tariffs on Chinese imports. WTI and Brent crude both saw sign...