oil prices News

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...

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

Oil prices dropped over 1% due to recession fears and a surge in US oil inventories. Consumer confidence hits a pandemic low, and job openings fall short of expectations, raising e...

Trade Tensions Spark Sharp 2.5% Drop in Oil Prices as China Warns U.S.

Crude oil prices fell nearly 3% as China's Commerce Ministry warned the U.S. to stop making threats, escalating trade tensions and raising concerns over oil demand impact. WTI and ...

Oil Prices Dip Over 1.5% Amid Reports of Progress in Gaza Ceasefire Negotiations

Oil prices fell over 1.5% as Qatari Prime Minister reported progress in Gaza ceasefire talks. WTI and Brent crude prices dropped to $61.06 and $64.72 per barrel, respectively, amid...

Oil Prices Dip Over 1.5% Amid Reports of Progress in Gaza Ceasefire Negotiations

Oil futures prices dropped over 1.5% following reports of progress in Gaza ceasefire talks, with WTI and Brent crude seeing significant declines. Qatari PM noted some progress, tho...

Oil Prices Dip Over 1.5% Amid Reports of Progress in Gaza Ceasefire Negotiations

Oil futures dropped over 1.5% as Qatari Prime Minister noted progress in Gaza ceasefire talks, with WTI and Brent prices falling to $61.06 and $64.72 per barrel respectively. An Is...

Oil Prices Dip Over 1.5% Amid Reports of Progress in Gaza Ceasefire Negotiations

Oil prices dropped by over 1.5% following reports of progress in Gaza ceasefire talks. WTI and Brent futures saw significant decreases, with market reactions closely tied to the de...

Oil Prices Dip Over 1.5% Amid Reports of Progress in Gaza Ceasefire Negotiations

Oil futures prices dropped over 1.5% following Qatari Prime Minister's remarks on progress in Gaza ceasefire talks. WTI and Brent crude both saw declines, with an Israeli official ...

Oil Prices Dip Over 1.5% Amid Reports of Progress in Gaza Ceasefire Negotiations

Oil prices dropped over 1.5% as Qatari Prime Minister noted progress in Gaza ceasefire talks, with WTI and Brent crude seeing significant decreases. An Israeli official mentioned i...

Oil Prices Dip Over 1.5% Amid Signs of Progress in Gaza Ceasefire Negotiations

Oil futures dropped over 1.5% as Qatari PM noted progress in Gaza ceasefire talks, with WTI and Brent crude prices seeing significant declines. An Israeli official also mentioned m...

Oil Prices Dip Over 1.5% Amid Reports of Progress in Gaza Ceasefire Negotiations

Oil prices dropped by over 1.5% as Qatar's Prime Minister reported progress in Gaza ceasefire talks between Israel and Hamas, with WTI and Brent crude seeing significant decreases.

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

Crude oil prices fell by over 2% following China's denial of a call between US President Trump and China's President Xi, exacerbating trade tensions. US Treasury Secretary Bessent ...

Oil Prices Drop 1% Amid Trade War Fears and OPEC+ Output Speculations

Oil prices fell by over 1% following President Trump's comments on trade tariffs and speculation about OPEC+ increasing output, raising oversupply concerns. WTI and Brent crude pri...

Oil Prices Dip Over 1% Amid Trade War Fears and OPEC+ Output Speculations

Oil prices fell over 1% due to trade war fears and speculations about OPEC+ increasing output, with WTI and Brent crude both seeing declines in early trading.

Oil Prices Drop 1% Amid Lingering Trade War Fears and OPEC+ Output Speculations

Oil prices fell over 1% due to trade war concerns and speculation about OPEC+ increasing output, with WTI and Brent crude prices dropping to $62.84 and $66.58 per barrel respective...

Oil Prices Dip Over 1% Amid Renewed Trade Tariff Worries and OPEC+ Production Rumors

Crude oil prices dropped over 1% due to renewed concerns over potential U.S. trade tariffs and rumors of OPEC+ increasing production, raising fears of market oversupply. WTI and Br...

Oil Prices Drop Over 1% Amid Renewed Tariff Fears and OPEC+ Production Rumors

Crude oil prices fell over 1% due to renewed tariff concerns and rumors of OPEC+ increasing production, with WTI and Brent both experiencing declines. Kazakhstan's reluctance to fo...

Global Oil Prices Surge 1% Amidst Escalating Middle East and Ukraine Conflicts

Oil futures prices increased due to ongoing conflicts in the Middle East and Ukraine, with WTI and Brent crude seeing significant rises. Geopolitical tensions continue to influence...

Oil Prices Surge 1% Amidst Escalating Geopolitical Tensions in Middle East and Ukraine

Oil prices have risen by 1% due to ongoing geopolitical tensions in the Middle East and Ukraine, with WTI and Brent crude both seeing increases in their June settlement prices.

Geopolitical Tensions Fuel Oil Prices: A 1% Surge Amidst Middle East and Ukraine Conflicts

Oil futures prices rose by 1% due to ongoing conflicts in the Middle East and Ukraine, with WTI and Brent crude seeing significant increases. The geopolitical uncertainty continues...

Oil Prices Plummet Over 2% Amid Rumors of OPEC+ Accelerating Production Increases

Oil prices dropped over 2% as OPEC+ members consider proposing accelerated production increases for the second month in a row, with WTI and Brent crude both seeing significant decl...

Oil Prices Plummet Over 2% Amid Rumors of OPEC+ Accelerating Production Increases

Oil prices dropped over 2% as OPEC+ members consider speeding up production increases for a second month, with WTI and Brent crude both seeing significant declines.