Oil prices News

Trump's Aggressive Stance on Iran Sparks Oil Price Volatility, Asian Markets React

Oil prices experienced volatility after President Trump's threats to Iran, raising fears of supply disruptions. Asian markets reacted nervously, while analysts warned of broader re...

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 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...