oil prices News

Trump's Sanction Threats Spark 3% Surge in Oil Prices Amid Iran Deal Tensions

Oil prices surged by 3% following President Trump's threats to impose sanctions on Iran, aiming to cut its oil exports to zero unless a deal is made. WTI and Brent crude prices wit...

Oil Prices Surge 1% as US Inflation Drops to Lowest Since February 2021

Oil futures advanced by 1% after the US inflation rate for April showed a decline, the lowest since February 2021. WTI and Brent crude prices saw significant increases.

Global Oil Prices Surge Over 3% Amid Renewed US-China Trade Talks and UK Deal Optimism

Oil prices surged over 3% due to optimism around US-China trade talks and a new US-UK trade deal. WTI and Brent crude both saw significant increases, reflecting market confidence.

Oil Prices Surge Over 1% Amid Optimism Over US-China Trade Negotiations

Crude oil prices surged over 1% following US Treasury Secretary's confirmation of upcoming trade talks with China and the Federal Reserve's decision to keep interest rates unchange...

Oil Prices Slide Over 1% Amid OPEC+ Output Increase and US Crude Inventory Drop

Crude oil prices declined over 1% due to OPEC+ output increase concerns and US trade tariffs affecting demand, despite a significant drop in US crude inventories.

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

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

Oil Prices Surge Over 1% as US Inventories Drop and Geopolitical Tensions Escalate

Crude oil prices surged over 1% following a reported 4.5 million barrel drop in US inventories and increased demand in Europe and China. Geopolitical tensions, including conflicts ...

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

Crude oil prices jumped over 1% after US inventories reported a significant drop, with geopolitical tensions and increased demand in key markets further fueling the rise. WTI and B...

Geopolitical Tensions Fuel Surge: Oil Prices Leap Over 2.5% Amid Middle East Unrest

Crude oil prices experienced a notable increase of over 2.5% on Tuesday, recovering from a recent decline due to OPEC+'s output hike. The rebound is further fueled by heightened Mi...

Oil Prices Surge Over 2.5% as Geopolitical Tensions Escalate in the Middle East

Crude oil prices rose by over 2.5% due to escalating Middle East tensions and Hamas's withdrawal from truce talks with Israel, despite OPEC+'s decision to increase output. WTI and ...

Geopolitical Tensions and OPEC+ Decisions Fuel a 2.5% Surge in Oil Prices

Crude oil prices surged by over 2.5% amidst geopolitical tensions and OPEC+'s output increase decision, with WTI and Brent both seeing significant gains.

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

Crude oil prices surged over 2.5% amid geopolitical tensions and OPEC+'s output increase, with WTI and Brent prices showing significant gains. Hamas's withdrawal from truce talks a...

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

Crude oil prices surged over 2.5% amid geopolitical tensions and OPEC+ output decisions, with WTI and Brent both seeing significant increases. Hamas's withdrawal from truce talks w...

Geopolitical Tensions Spark a Surge: Oil Prices Leap Over 2.5% Amidst Middle East Unrest

Crude oil prices surged over 2.5% amid geopolitical tensions in the Middle East, with Hamas rejecting truce talks with Israel. WTI and Brent crude both saw significant increases, r...

Oil Prices Surge Over 1.5% Amid Escalating Middle East Tensions Following Israeli Counter-Attack

Oil futures prices increased by over 1.5% following Israel's counter-attack in Yemen, triggered by the Houthi movement's attack on Tel Aviv's Ben-Gurion Airport. WTI and Brent crud...

Oil Prices Surge Over 1.5% Amid Escalating Middle East Tensions Following Israel's Counter-Attack

Oil prices surged over 1.5% following Israel's counter-attack in Yemen, responding to a Houthi strike on Tel Aviv's airport. WTI and Brent crude prices saw significant increases am...

Oil Prices Surge 1.5% Amid Escalating Middle East Tensions Following Israeli Counter-Attack

Oil futures rose by more than 1.5% following Israel's counter-attack on Yemen in response to a Houthi strike on Tel Aviv's Ben-Gurion Airport, with WTI and Brent crude prices seein...

Oil Prices Dip Amid OPEC+ Meeting Anticipation and US-China Trade Talks Uncertainty

Crude oil prices declined as investors remain cautious ahead of the OPEC+ meeting and skeptical about US-China trade talks. WTI and Brent both saw drops, reflecting concerns over g...

Oil Prices Slide Amid OPEC+ Meeting Anticipation and US-China Trade Tensions

Crude prices declined as investors await OPEC+'s meeting and remain doubtful about US-China trade dispute resolution. Concerns over economic downturn and reduced oil consumption, a...

Oil Prices Slide Amid Skepticism Over US-China Trade Talks and OPEC+ Meeting

Crude oil prices declined due to investor skepticism over US-China trade talks and anticipation of the OPEC+ meeting. Concerns over a global economic downturn and reduced oil consu...

Oil Prices Dip Amid Skepticism Over US-China Trade Talks and OPEC+ Meeting

Crude prices declined amid investor skepticism over US-China trade talks and anticipation of the OPEC+ meeting. Concerns over global economic downturn and reduced oil consumption, ...

Oil Prices Tumble Over 1% Amid Growing Fears of a Global Recession

Oil prices fell by more than 1% as recession fears grow, driven by a drop in U.S. consumer confidence and fewer job openings than expected. U.S. oil inventories also rose, raising ...

Oil Prices Plunge Over 4% Amid Fears of Global Economic Slowdown

Oil prices fell more than 4% due to economic uncertainty from US-China trade tensions and a 0.3% drop in US GDP, raising global demand concerns.

Oil Prices Plummet Over 1% Amid Growing Recession Fears and Rising US Inventories

Oil prices dropped over 1% due to recession fears and a rise in US oil inventories. WTI and Brent crude both saw declines, with investor sentiment shaken by falling US consumer con...

Oil Prices Plummet Over 4% Amid Fears of Economic Slowdown and US-China Trade Tensions

Oil prices fell sharply due to economic uncertainty and US-China trade tensions, with WTI and Brent crude both experiencing significant drops. Recent US GDP data showing a contract...

Oil Prices Drop Over 1% Amid Growing Recession Fears and Rising US Inventories

Oil prices fell more than 1% due to recession fears sparked by low US consumer confidence and fewer job openings, alongside a rise in US oil inventories suggesting oversupply.

Oil Prices Tumble Over 1% Amid Growing Recession Fears and Rising US Inventories

Oil prices dropped over 1% due to recession fears and a rise in U.S. oil inventories. Consumer confidence hit a pandemic low, and job openings were fewer than expected, signaling e...

Oil Prices Tumble Over 1% Amid Growing Recession Fears and Rising US Inventories

Oil prices dropped over 1% due to recession fears and a rise in US oil inventories. Consumer confidence hits a pandemic low, and job openings disappoint, adding to economic concern...

Oil Prices Tumble Over 1% Amid Growing Recession Fears and Rising US Inventories

Oil prices dropped by over 1% as recession fears grow, influenced by falling US consumer confidence and unexpected job openings decline. US oil inventories rose by 3.76 million bar...

Oil Prices Drop Over 1% Amid Growing Recession Concerns and Rising US Inventories

Oil prices fell over 1% due to recession fears and a rise in US oil inventories, with WTI and Brent crude both seeing significant drops. Concerns were fueled by declining US consum...

Oil Prices Tumble Over 1% Amid Growing Recession Fears and Rising US Inventories

Oil prices dropped over 1% due to recession fears, triggered by falling US consumer confidence and fewer job openings. US oil inventories also rose, hinting at oversupply concerns.

Global Oil Prices Drop Over 1% Amid Growing Recession Fears and Rising US Inventories

Oil prices fell over 1% due to recession fears and rising US inventories, with WTI and Brent crude both experiencing declines. Reports show a drop in consumer confidence and job op...