oil futures News

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

Crude oil prices rebounded by over 2.5% after OPEC+ decided to increase output, with Middle East tensions further influencing the market. WTI and Brent prices saw significant rises...

US Sanctions Spark 4% Surge in WTI Prices: A Deep Dive into the Impact on Russian Oil

Oil futures surged as the US plans new sanctions on Russian oil tankers and insurance companies, aiming to cut into Russia's oil income. WTI and Brent prices saw significant increa...

2024's Final Trading Session Sees WTI Surge by 1% Amid Market Uncertainties

On the final trading day of 2024, oil futures prices increased, with WTI rising by 1.10% and Brent by 0.97%. The market faces uncertainties including oversupply, geopolitical confl...