crude oil prices News

Global Oil Prices Plunge Over 2% Amid Rising US-China Trade Tensions

Crude oil prices fell by over 2% as trade tensions between the US and China escalate, with China denying a claimed call between Trump and Xi Jinping. WTI and Brent prices both drop...

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...

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...

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...

Crude Oil Prices Surge 1.6% as Trump Signals Tariff Reductions on China

Crude oil prices rose over 1.5% as President Trump signaled potential tariff reductions on Chinese imports, boosting market optimism. Additionally, US sanctions on Iran's energy ex...

Crude Oil Prices Dip Over 1% Amidst China-US Tariff Tensions and Demand Concerns

Crude oil prices fell by over 1% as China's retaliatory tariffs on US goods take effect, raising demand concerns. President Trump maintains tariffs on China while pausing most for ...

Crude Oil Prices Dip Over 1% Amidst China-US Tariff Tensions and Demand Concerns

Crude oil prices fell over 1% as China's retaliatory tariffs on U.S. goods took effect, raising demand concerns. Meanwhile, President Trump maintains tariffs on China but pauses mo...

Crude Oil Prices Surge Over 4% Following 90-Day Tariff Suspension Announcement

Crude oil prices rebounded sharply, increasing over 4% as recession fears eased and demand outlook improved. The upturn followed President Trump's announcement to delay most retali...

Global Oil Demand Forecast Drops, Sparking Over 1.5% Decline in Crude Prices

Crude oil prices fell over 1.5% after the IEA revised its 2025 global oil demand forecast downward, citing trade tensions and U.S. tariff threats on EU alcohol exports. WTI and Bre...

Crude Oil Prices Dip 1% Amidst Rising Concerns Over Supply and Global Demand

Crude oil prices fell by 1% as markets reacted to the Trump administration's suspension of aid to Ukraine and new tariffs on Canada, Mexico, and China. Concerns over supply increas...

Global Oil Prices Surge Over 1% Following New US Tariffs on Steel and Aluminum

Crude oil prices climbed over 1% following President Trump's announcement of new tariffs on steel and aluminum imports, criticized by the EU as "counterproductive." The market also...

US Tariffs Spark Global Tensions: Oil Prices Surge Over 1% Amid New Trade Policies

Crude oil prices climbed over 1% following US President Trump's announcement of new global tariffs on aluminum and steel, criticized by the EU as "counterproductive." Additionally,...

Global Markets React: Oil Prices Surge Over 1% Following New US Tariffs Announcement

Crude oil prices surged over 1% following President Trump's announcement of new tariffs on steel and aluminum imports, with the European Commission criticizing the move. The market...

Crude Oil Prices Take a Dip: A 1% Drop Following Yesterday's Surge

Crude oil prices fell by over 1% on Thursday, reversing previous gains due to US sanctions on Russia and delays in Israel-Hamas negotiations. WTI and Brent prices both saw decrease...

US Oil Prices Surge Over 1% Following Significant Drop in Crude Inventories

Crude oil prices rose over 1% after a report showed a significant drop in US inventories and President-elect Trump's pledge to reverse the offshore drilling ban, impacting market d...