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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…
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…
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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…
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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…
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…
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Oil prices climb 2% on drop in US crude inventories as investors focus on Ukraine peace push
Oil prices climbed about 2 per cent on Wednesday on a bigger-than-expected weekly drop in US crude inventories as investors awaited the…
Business
Oil prices dip as market awaits EIA report
Oil prices dipped on Tuesday as traders awaited an inventory report from the US Energy Information Administration and began looking toward…
Business
Oil prices steady with trade talks in focus
Oil prices were little changed on Wednesday as investors assessed trade developments between the European Union and the US after President…
Business
Oil prices little changed as investors eye impact of new sanctions on Russia
Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil supply, rising output from Middle…
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Oil prices ease on US tariff uncertainty ahead of expected Opec+ output boost
Oil prices fell slightly on Thursday as investors worried that US tariffs could slow energy demand ahead of an expected supply boost by…
News
Oil prices jump 3% as Iran suspends cooperation with UN nuclear watchdog
Oil prices rose 3 per cent on Wednesday as Iran suspended cooperation with the UN nuclear watchdog and the US and Vietnam reached a trade…