Brent crude News

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...

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

Crude oil prices jumped over 2% as US markets recover from a selloff, with WTI and Brent crude seeing significant increases. OPEC+'s report of a production decline also influences ...

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

Crude oil prices surged over 1% as the Gaza conflict escalates with Hamas rejecting Israel's ceasefire, and OPEC+ reports a production decline. WTI and Brent crude prices saw immed...

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

Crude oil prices rose over 1% as the Gaza conflict escalates with Hamas rejecting Israel's ceasefire proposal. Israel vows not to capitulate to Hamas's demands. WTI and Brent crude...

Oil Prices Surge 2% Amid Rising Tensions in the Middle East: Israel vs Iran

Oil prices rose by 2% due to escalating tensions in the Middle East, with Israel threatening intervention over Iran's nuclear ambitions and the US sanctioning a Chinese refinery fo...

Oil Prices Jump 2% Amid Rising Middle East Tensions and Global Sanctions

Oil prices surged by 2% as Middle East tensions escalated, with Israel threatening Iran over nuclear weapons and the US sanctioning a Chinese refinery for using Iranian oil. WTI an...

Oil Prices Surge 1% as US Tightens Sanctions on Iran, Sparking Global Supply Concerns

Oil prices rose by 1% due to US sanctions on Iran, targeting oil exports and a Chinese refinery, amid nuclear talks. WTI and Brent crude prices saw increases.

Global Oil Prices Surge 1% Amid New US Sanctions on Iranian Exports

Oil prices rose by 1% due to new US sanctions on Iran, targeting oil exports and a Chinese refinery, amid nuclear talks. WTI and Brent crude prices saw significant increases.

Fitch Adjusts 2025 Oil Price Forecasts Amid Global Economic Shifts and OPEC+ Plans

Fitch Ratings lowers its 2025 oil price forecasts due to weaker global growth and OPEC+ production increases, with Brent and WTI prices adjusted downward. Concerns over oversupply ...

Fitch Downgrades 2025 Oil Price Forecasts Amid Global Growth Concerns and OPEC+ Plans

Fitch Ratings lowers its 2025 oil price forecasts due to weaker global growth and OPEC+ production increases, with Brent expected at $65 and WTI at $60 per barrel, amid oversupply ...

Oil Prices Surge Over 1% as China Signals Openness to US Trade Talks Amidst Conditions

Oil prices surged over 1% after China expressed willingness to discuss trade with the US, under specific conditions. WTI and Brent crude both saw increases, reflecting market optim...

Oil Prices Surge Over 1% as China Signals Willingness for US Trade Talks

Oil prices rebounded over 1% as China expressed willingness to discuss trade with the US, setting conditions for negotiations. WTI and Brent crude prices saw significant increases,...

Oil Prices Surge Over 1% as China Opens Door to Trade Talks with US

Oil prices increased by over 1% following reports of China's willingness to engage in trade talks with the US, with specific conditions set by Beijing. WTI and Brent crude both saw...