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All Stories: oil

Oil prices hover near two-week low

Oil prices edged higher but remained near a two-week low on Tuesday, as weak economic data from China and rising temperatures elsewhere dampened demand...

Oil falls as Donald Trump repeats call for OPEC to cut prices

Oil prices slipped on Monday after US President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost US...

Oil prices slip as Russia sanctions stay in focus

Oil prices slipped on Tuesday from the previous day's four-month highs but the market remained supported by continuing focus on the impact of new...

Oil jumps on expected hit to China and India’s Russian supplies

LONDON: Oil extended gains for a third session on Monday, with Brent crude rising above $80 a barrel to its highest in more than...

Oil heads for weekly gains on colder weather

Oil prices ticked up on Friday and were set for weekly gains after closing the previous session at their highest in more than...

Oil prices rise in thin pre-holiday trade

Oil prices were up on Tuesday, reversing the prior session's losses on a brightening short-term market outlook tied to the prospect of slightly tightening...

Oil eases from highest in weeks, investors eye Fed rate cuts

Oil futures eased from their highest levels in weeks as investors awaited a meeting of the Federal Reserve later this week for indication...

Oil edges up as rising Mideast tensions offset demand fears

Oil prices nudged higher on Monday as heightened tensions in the Middle East following the overthrow of Syrian President Bashar al-Assad by rebels offset...

Oil falls $2 on possible Mid-East peace deal

Oil prices fell more $2 on Monday after multiple reports that Israel and Lebanon had agreed to the terms of a deal to...

Oil holds at 2-week high as Russia, Iran tensions support prices

Oil prices hovered near two-week highs on Monday following 6% gains last week, as geopolitical tensions heightened between western powers and major oil producers...

Oil prices rebound 1% after dollar-related sharp declines

Oil prices rose about 1% on Thursday, paring some of the sharp declines seen earlier this week due to a stronger US dollar...

Oil prices fall more than 1% as Hurricane Rafael risk recedes

LONDON: Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas infrastructure in the US Gulf...

Oil prices rise as OPEC+ considers delaying Dec. output increase

Oil prices rose more than 2% on Wednesday after Reuters reported that OPEC+ could delay a planned oil production increase in December by a...

World Bank expects oil glut to cause commodity price slump

Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World Bank said Tuesday, pointing to...

Oil slips on higher US crude stockpiles; market watches Middle East

Oil prices dipped on Wednesday after industry data showed US crude inventories swelled more than expected, though declines were capped as the market watched...

Stop Israel from bombing Iran’s oil sites, Gulf states urge US

Gulf states are lobbying Washington to stop Israel from attacking Iran's oil sites because they are concerned their own oil facilities could come...

India prepared to handle oil supply hit from Middle East conflict, oil minister says

India will be able to navigate through any hit to oil supplies from the potential widening of the Middle East conflict, oil minister Hardeep...

Oil edges up on Middle East conflict but supply outlook limits gains

Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East...

Oil little changed as demand worries offset Mideast fears

Oil prices were little changed on Tuesday as stronger supply prospects and tepid global demand growth outweighed worries that escalating tensions in the Middle...

US buys 6 million barrels of oil for Strategic Petroleum Reserve

The US has bought 6 million barrels of oil for the Strategic Petroleum Reserve for delivery through May 2025, the Department of Energy said...
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