crude oil News

Crude Oil Prices Surge Over 2% as US-China Tariff Cuts Boost Demand Optimism

Crude oil prices surged over 2% following an agreement between the US and China to cut mutual tariffs for 90 days, boosting demand optimism. WTI and Brent crude both saw significan...

Crude Oil Prices Surge Over 1% Amid US Inventory Drop and Geopolitical Tensions

Crude oil prices increased by over 1% following a reported 4.5 million barrel drop in US inventories and heightened geopolitical tensions, including conflicts between India and Pak...

Crude Oil Prices Surge Over 1% Amid Lower US Inventories and Geopolitical Tensions

Crude oil prices increased by over 1% following reports of a 4.5 million barrel drop in U.S. inventories and heightened demand in Europe and China. Geopolitical tensions, including...

US Crude Oil Prices Surge Over 1% Amid Falling Inventories and Rising Geopolitical Tensions

Crude oil prices surged over 1% following reports of a 4.5 million barrel drop in US inventories and amid rising geopolitical tensions, including conflicts between India and Pakist...

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...

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

Crude oil prices surged over 2.5% as geopolitical tensions and OPEC+ output adjustments impact the market. WTI and Brent futures both saw significant increases.

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

Crude oil prices surged by more than 2.5% amid geopolitical tensions and OPEC+'s decision to increase output. Middle East tensions, particularly Hamas's withdrawal from truce talks...

Crude Oil Prices Surge Over 1.5% as Trump Signals Lower Tariffs on China

Crude oil prices rose over 1.5% after President Trump signaled intentions to lower tariffs on Chinese imports, potentially easing growth concerns. The US also sanctioned an Iranian...

Crude Oil Prices Surge 1.6% as US Signals Tariff Reductions on China, Sanctions on Iran

Crude oil prices rose over 1.5% as US President Trump hinted at lowering tariffs on Chinese imports, potentially boosting demand. Additionally, US sanctions on Iran's oil shipping ...

Crude Oil Prices Surge 1.6% as Trump Hints at Lowering China Tariffs, Sparking Market Optimism

Crude oil prices rose over 1.5% following signals from US President Donald Trump about lowering tariffs on Chinese imports, alongside US sanctions on Iranian energy exports, highli...

Crude Oil Prices Surge 1.6% as Optimism Over Potential U.S.-China Tariff Reductions Grows

Crude oil prices rose over 1.5% amid optimism over potential U.S.-China tariff reductions and U.S. sanctions on Iran's energy exports. WTI and Brent crude both saw significant incr...

Crude Oil Prices Surge 1.6% as US-China Tariff Optimism Sparks Market Rally

Crude oil prices rose over 1.5% following optimism over potential US-China tariff reductions and US sanctions on Iran's oil shipping network, with WTI and Brent prices showing sign...

Crude Oil Prices Surge Over 1.5% Amid US-China Tariff Easing and Iranian Sanctions

Crude oil prices rose over 1.5% following US President Trump's signals to lower tariffs on Chinese imports and US sanctions on Iranian oil exports. WTI and Brent prices saw signifi...

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...

Oil Prices Bounce Back: A 1% Surge to Recover from Yesterday's Plunge

Crude oil prices surged over 1% on Tuesday, attempting to recover from the previous day's market selloff. Investors are focused on U.S. economic indicators and the impact of tariff...

Oil Prices Dip by 1% Following Egypt's Announcement of New Oil Reserves Discovery

Crude oil prices fell by 1% after Egypt announced the discovery of 8 million barrels in oil reserves in the Gulf of Suez. The Gulf of Suez Petroleum Company will exploit the well, ...

Crude Oil Prices Surge 2% Amid Optimistic Demand Forecasts and Policy Shifts

Crude oil prices surged 2% following a report by the International Energy Agency showing a decrease in U.S. crude oil inventories and increased demand for heating fuels. The market...

Global Oil Demand Concerns Send Prices Plummeting Over 1%

Crude oil prices fell on Thursday after OPEC cut its global demand outlook for the next year, with the IEA also lowering its demand growth forecast for this year.