Business
Oil settles almost 3% down on easing supply concerns ahead of US, Iran talks
Oil prices settled down almost 3 per cent on Thursday in choppy trading, after the US and Iran agreed to hold talks in Oman on Friday,…
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Oilsettles
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Oil settles down 4% as Trump comments ease Iranian supply concerns
Oil prices settled down around 4 per cent on Thursday ending a five-day streak of gains after US President Donald Trump said the crackdown…
Business
Oil settles up 3% on Venezuela news, supply worries in Russia, Iraq and Iran
Oil prices climbed over 3 per cent on Thursday after two straight days of declines, settling at a two-week high as investors assessed…
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Oil settles near five-year low amid ample supply, Russia-Ukraine progress
Oil futures settled at their lowest level since February 2021 on Tuesday amid ongoing jitters surrounding oversupply and as the prospect…
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Oil settles higher after US seizes tanker off Venezuela’s coast
Oil prices settled higher on Wednesday after officials said the US seized an oil tanker off the coast of Venezuela, adding to concerns…
Business
Oil settles down 1%, focus on Russia-Ukraine peace talks, Fed
Oil prices edged lower on Tuesday after falling 2 per cent in the previous session, with investors keeping a close eye on peace talks to…
Business
Oil settles higher as tight fuel markets offset crude supply concerns
Oil prices settled higher on Monday as analysts focused on potential fuel supply disruptions from fresh US sanctions and Ukrainian drone…
Business
Oil settles lower on stronger dollar, fears of oversupply
Oil prices settled lower on Tuesday as weaker manufacturing numbers and a stronger dollar weighed on demand, while the Opec+ decision to…
Business
Oil settles higher on large drop in US stockpiles, trade optimism
Oil prices rose on Wednesday after data showed US crude and fuel inventories drew down more than expected last week, and as US President…
Business
Oil settles higher as investors focus on supply signals
Oil prices settled higher on Tuesday, bouncing off the previous session’s five-month lows, as investors reassessed expectations of a…
Business
Oil settles at 5-month low as supply glut fears mount
Oil prices settled at their lowest since early May on Monday as investors weighed a potential global glut, with US-China trade tensions…
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Oil settles down 1.5% on US-China trade tensions, IEA warning of glut
Oil prices fell on Tuesday, settling 1.5 per cent lower as the International Energy Agency warned of a huge supply glut in 2026, and as…
Business
Oil settles lower as Opec+ plan adds to expectations of supply surplus
Oil prices settled lower on Tuesday as investors braced for a supply surplus due to potential Opec+ plans for a larger output hike next…
Business
Oil settles up US$1/bbl as restart of Kurdish oil exports stalls
Oil prices settled up more than US$1 a barrel on Tuesday after a deal to resume exports from Iraq’s Kurdistan stalled, pacifying some…
Business
Oil settles over 1% higher as Ukraine drone attacks target Russian supply
Oil prices rose over a dollar a barrel on Tuesday, as traders weighed the possibility that Russian supplies may be disrupted by Ukrainian…
Business
Oil settles higher as investors assess attacks on Russian energy facilities
Oil prices settled higher on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries and of US President…
News
Oil settles higher after Israeli attack on Qatar
Oil prices settled higher on Tuesday after the Israeli military said it carried out an attack on Hamas leadership in the Qatari capital…
Business
Oil settles up after Opec+ opts for modest output hike
Oil prices settled higher on Monday, recovering some of last week’s losses, after producer group Opec+ opted for a modest output hike and…
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Oil settles flat ahead of US-Russia talks
Oil settled flat on Monday after falling more than 4 per cent last week, as investors looked towards talks this week between the US and…
Business
Oil settles up on signs of strong demand, investors await Opec+ decision
Oil prices edged higher on Tuesday as investors took stock of positive demand indicators, while also treading cautiously ahead of an Opec+…
News
Oil settles down 7% after Iran attacks US military base in Qatar, not tankers
Oil prices settled down more than 7 per cent on Monday, losing more than US$5 a barrel after Iran took no action to disrupt oil and gas…
Business
Oil settles higher as Iran-Israel conflict enters sixth day
Oil prices settled higher on Wednesday in a volatile session as investors weighed the chance of supply disruptions from the Iran-Israel…
Business
Oil settles lower as traders gauge Middle East tensions
Oil prices settled slightly lower on Thursday as traders booked profits from a 4 per cent rally in the prior session, driven by concerns…
Business
Oil settles 1% lower after US data shows large builds in fuel stocks
Oil prices settled down just over 1 per cent on Wednesday after US data showed surprisingly large build in petrol and diesel inventories,…