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...
Oil prices News
Oil Prices Take a Dip Amid OPEC+ Meeting Anticipation and US-China Trade Tensions
Crude prices fell as investors await the OPEC+ meeting and remain doubtful about China-US trade dispute resolution. Concerns over global economic downturn and reduced oil consumpti...
Oil Prices Take a Dip Amid OPEC+ Meeting Anticipation and US-China Trade Tensions
Crude prices fell as investors remain cautious ahead of OPEC+'s meeting and doubtful about US-China trade talks. Concerns over economic downturn and reduced oil consumption, alongs...
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 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 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...
Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts
Crude oil prices rose over 1% as Gaza ceasefire hopes faded and OPEC+ reported a production decline. WTI and Brent crude prices saw immediate increases, reflecting market reactions...
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.
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...
Middle East Tensions Fuel Oil Price Surge: A 1% Jump Amid Supply Fears
Oil prices increased by 1% due to escalating Middle East tensions, with U.S. and Israeli military actions prompting fears of supply disruptions. The Houthis' vow to escalate confro...
Oil Prices Surge 1% Amid Rising Tensions in the Middle East
Oil prices climbed 1% due to escalating Middle East tensions, with concerns over supply disruptions following US and Israeli military actions. The Houthi group's vow to escalate co...
Oil Prices Surge Over 1% as Trump Administration's Tariff Policies Create Market Uncertainty
Oil prices surged over 1% amid uncertainties from the Trump administration's tariff policies. Mixed signals on tariffs and the revocation of Chevron's deal with Venezuela have crea...
Xi Jinping's Economic Optimism Fuels 1% Surge in Oil Prices
Crude oil prices rose by more than 1% in early 2025 following China's President Xi Jinping's positive economic outlook, predicting a 5% GDP growth for 2024 and plans for proactive ...
Surge in Oil Prices: A 1% Increase Driven by Shrinking US Inventories
Crude oil prices increased by over 1% following the EIA's report of a 4.2 million barrel decrease in US commercial crude oil inventories. The Baker Hughes rig count remained stable...
