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All Stories: oil price

Oil prices set for second annual loss in a row

Oil prices were on track to end 2024 with a second consecutive year of losses on Tuesday, but were steady on the day as...

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 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 edge higher on US crude stocks

Oil prices were up on Wednesday on falling crude inventories in the United States, whiles the market cautiously awaited rate cut details from the...

Oil prices rise as US production slowly resumes

Oil prices rose more than $1 a barrel on Friday, extending their rally and putting crude on course for a weekly gain on the...

Oil prices fall on demand concerns

Brent crude futures fell below $70 a barrel on Tuesday for the first time since December 2021, after OPEC+ revised down its demand forecast...

Oil falls for fourth straight session

Oil prices fell on Thursday for the fourth session in a row, as the prospect of higher-for-longer U.S. interest rates raised worries around demand...

Oil prices see-saw on conflicting demand signs

Oil prices wavered between positive and negative territory in a narrow trading range on Friday as investors grappled with conflicting demand signals out of...

Oil prices rise over $1 on Middle East tensions

LONDON: Oil prices rose over $1 on Friday as U.S. Secretary of State Antony Blinken prepared to visit the Middle East in an attempt...

Oil prices continue to rally on tight supply

Global oil benchmark Brent crude hovered above $94 a barrel on Monday, with investors focused on the prospect of a widening supply deficit in...

Oil stable on prospect of extended OPEC+ supply cuts

Oil prices were stable on Monday on expectations that OPEC+ would keep supplies tight and speculation that the U.S. Federal Reserve will cease its...

Oil set to snap two-week losing streak

Oil prices were set to snap a two-week losing streak as they rose for a fourth consecutive session on Friday due to tightening supplies...

Saudi Arabia hikes most August oil prices to Asia

Top oil exporter Saudi Arabia has raised the prices for most its crude oil to Asian customers in August for a second month, after...

Saudi Arabia and Russia deepen oil cuts, sending prices higher

Saudi Arabia and Russia, the world's biggest oil exporters, deepened oil cuts on Monday, sending prices higher despite concerns over a global economic slowdown...

Oil slips as economic jitters offset US debt deal

Oil prices slipped on Monday as economic worries over further interest rate hikes trumped a tentative debt ceiling deal reached in the US, possibly...

Oil steady as demand worries face tight supply outlook

Oil prices were steady on Wednesday after a surprise rise in US crude inventories stoked demand concerns as economic worries competed with a tighter...

Oil climbs almost 3% as recession fears begin to fade

Oil rose almost 3% on Monday as U.S. recession fears eased and some traders took the view that crude's recent price slide was overdone...

Oil prices stabilise after hefty losses

Oil prices steadied on Thursday after the previous day's price drop erased the supportive impact of a surprise cut to OPEC production targets this...

Oil hits lowest since 2021

Oil prices fell on Monday to their lowest in 15 months on concern that risks in the global banking sector and a potential increase...
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