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Oil prices fall on supply forecast, easing risk
Oil prices dropped on Thursday due to falling demand, retreating fears of renewed Middle East conflict and expected increases in supply.…
Tag
Oilprices
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Oil prices fall by 3% on US-Iran de-escalation
Oil prices fell 3 per cent on Monday as US President Donald Trump said over the weekend Iran was “seriously talking” with Washington,…
Business
Oil prices settle lower as traders assess impact of winter storm on production
Oil prices settled slightly lower on Monday after climbing more than 2 per cent in the previous session as investors assessed the impact…
Business
Oil prices settle higher on force majeure at Kazakh field, slow Venezuela exports
Oil prices closed 0.5 per cent higher on Wednesday on optimism around tighter supply after a temporary shutdown at two large fields in…
Business
Oil prices settle up as US begins holiday weekend
Oil prices settled higher on Friday as some investors covered short positions ahead of the three-day Martin Luther King holiday weekend in…
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Oil prices rise by more than US$1 a barrel on potential Iran supply disruption
Oil prices surged by more than 2 per cent on Tuesday as the prospect of disruptions to Iranian crude exports overshadowed possible…
Business
Oil prices settle slightly higher as market assesses mounting supply risks
Oil prices settled marginally higher on Thursday as investors assessed the likelihood of further US sanctions against Russia and the…
Business
Oil prices fall as supply outlook offsets disruptions in Venezuelan flows
Oil prices slid on Monday as investors balanced disruptions linked to escalating US-Venezuelan tensions with oversupply concerns and the…
Business
Oil prices settle up in low volume on US holiday; Russia-Ukraine talks in focus
Oil prices rose on Thursday as market participants weighed the likelihood that talks to end the war in Ukraine will yield an agreement,…
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Oil prices ease after loadings resume at Russian export hub
Oil prices eased on Monday as loadings resumed at Russia’s Novorossiysk export hub after a two-day suspension at the Black Sea port that…
Business
Oil prices steady after steep losses in previous session
Oil prices held largely steady on Thursday after declining around 4 per cent in the previous session as investors weighed concerns about…
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Oil prices fall on Opec 2026 supply outlook
Oil prices fell more than US$2 a barrel on Wednesday, weighed down by an Opec report saying global oil supply will match demand in 2026,…
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Oil prices steady despite Opec+ plans to pause output increases
NEW YORK, Nov 3 (Reuters) - Oil prices held steady on Monday as the market balanced the latest OPEC+ supply increase with the group’s…
Business
Oil prices steady as investors assess US-China trade truce
Oil prices held steady on Thursday as investors assessed a potential trade truce between the United States and China after US President…
Business
Oil prices hit 5-month low on US-China trade tensions, looming supply surplus
Oil prices eased on Wednesday to a five-month low on escalating US-China trade tensions and the International Energy Agency’s prediction…
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Oil prices gain 1% after lower-than-expected Opec+ output hike
Oil prices rose about 1 per cent in early trade on Monday after Opec+ announced a more modest monthly increase in production than…
Business
Oil prices surge 3% to 7-week high as surprise US stockpile draw adds to supply worries
Oil prices climbed about 3 per cent to a seven-week high on Wednesday as a surprise drop in US weekly crude inventories added to a sense…
Business
Oil prices settle lower, US economic concerns outweigh Fed rate cut
Oil prices eased on Thursday, settling lower as traders remained worried about the US economic outlook a day after the US Federal Reserve…
Business
Oil prices ease on US demand concerns
Oil prices eased on Wednesday after data showing an increase in US diesel stockpiles stoked worries about demand and the US Federal…
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Oil prices slide 2% on worries about global oversupply, US demand
Oil prices slid on Thursday, settling about 2 per cent lower as concerns over possible softening of US demand and broad oversupply offset…
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Oil prices settle up over US$1 after global tensions mount; oversupply caps gains
Oil prices settled higher on Wednesday by more than US$1 a barrel as investors worried about possible supply disruptions after Poland…
Business
Oil prices ease on surprise build in US crude stockpiles, Opec+ to consider output hike
Oil prices eased about 1 per cent to a two-week low on Thursday on a surprise build in US crude inventories last week and expectations…
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Oil prices drop as Opec+ weighs another output hike
Oil prices fell by more than 2 per cent on Wednesday ahead of a weekend meeting of Opec+ producers that is expected to consider another…
Business
Oil prices rise as Russia-Ukraine war threatens supply disruption
Oil prices climbed around 2 per cent on Monday, continuing last week’s gains, as traders anticipated more US sanctions on Russian oil and…