Oil

Oil rises 2.5% after US sanctions Russia’s Rosneft, Lukoil

Oil prices jumped around 2.5% on Thursday, extending gains from the previous session, as supply concerns resurfaced after the United States imposed sanctions on major Russian oil suppliers Rosneft and…

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Oil rises more than 1% on supply risk, US-China trade talks

Oil prices pushed higher for a second day on Wednesday, by more than 1%, buoyed by sanctions-related supply risk and hope of a U.S.-China trade deal while investors also digested…

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Oil declines on oversupply fears

Oil prices fell on Tuesday on concerns about excess supply and risks to demand stemming from tensions between the U.S. and China, the world's top two oil consumers, even as…

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Oil prices slip on concerns over US-China trade tensions

Oil prices dipped on Monday, pressured by worries over a global glut as escalating U.S.-China trade tensions added to concerns about an economic slowdown and weaker energy demand. Brent crude…

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Oil down as market eyes excess supply, US-China trade tensions

Oil prices fell on Wednesday, extending losses from the previous session, as investors weighed the International Energy Agency's warning of a supply surplus in 2026 and U.S.-China trade tensions that…

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Oil edges up as US, China tamp down trade tension

Oil prices rose on Tuesday as early signs of a thaw in U.S.-China trade tensions bolstered market sentiment, alleviating concerns over global fuel demand. U.S. President Donald Trump remains committed…

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Oil recoups some losses from US-China tensions

Oil prices rose on Monday after hitting five-month lows in the previous session, as investors hoped potential talks between the presidents of the U.S. and China could ease trade tensions…

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Oil prices fall slightly as risk premium fades after Gaza deal

Oil prices declined slightly on Friday after settling 1.6% lower in the previous session as the market's risk premium faded after Israel and Hamas agreed to the first phase of…

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Oil eases as Gaza ceasefire cools risk premium

Oil prices fell on Thursday after Israel and Hamas agreed to the first phase of a plan to end the war in Gaza, easing geopolitical tension in the Middle East,…

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Oil rises as oversupply fear eases after OPEC+ restrains output increase

Oil prices rose on Wednesday as investors brushed off oversupply fears, having digested a decision earlier by OPEC+ to restrain production increases next month. Brent crude futures rose 48 cents,…

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Oil steady as market chews over OPEC+ output hike, supply glut fear

Oil prices were steady on Tuesday, with sentiment toward a smaller-than-anticipated OPEC+ output hike dulled by weakening global demand and the potential for a supply glut. Brent crude futures gained…

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Oil prices jump 1.5% after lower-than-expected OPEC+ output hike

Oil prices rose around 1.5% on Monday after OPEC+ announced a more modest monthly increase in production than expected, tempering some concerns about supply additions, though analysts expect near-term gains…

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Oil on track for steepest weekly drop in 3-1/2 months

Oil prices rose on Friday after four straight sessions of declines but were on track for their steepest weekly fall since late June due to market expectations that the OPEC+…

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Oil rises on Russia sanctions fears after 3-day losing streak

Oil prices rose on Thursday after losses in previous three sessions due to market oversupply concerns, as the potential for tighter sanctions on Russian crude lent some support. Brent crude…

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Oil steadies as investors weigh OPEC+ output hike against US crude inventories

Oil prices steadied in early trade on Wednesday after two consecutive days of losses as investors weighed potential OPEC+ plans for a larger output hike next month against the prospect…

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Oil dips as OPEC+ plan stokes supply-surplus concerns

Oil prices fell on Tuesday as another anticipated production increase by OPEC+ and the resumption of oil exports from Iraq's Kurdistan region via Turkey reinforced the outlook for a looming…

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Oil slips as Kurdistan crude exports resume, OPEC+ plans output hike

Oil prices fell on Monday after Iraq's Kurdistan region resumed crude oil exports via Turkey over the weekend and as OPEC+ plans another oil output hike in November, adding to…

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Oil set for biggest weekly gain in three months as Russia cuts fuel exports

Oil prices edged up on Friday, on track to rise at their steepest rate since early June as Ukraine's attacks on Russia's energy infrastructure push Moscow to restrict fuel exports…

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Oil pulls back from 7-week high

Oil prices eased in Asian trade on Thursday, retreating from a seven-week high reached in the prior session as some investors took money off the table due to uncertainty around…

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Oil extends declines after Iraq, Kurdish governments agree to restart oil pipeline

Oil prices declined for a fifth consecutive session on Tuesday, as a preliminary agreement reached between Iraq and Kurdish regional governments to restart an oil pipeline added to oversupply concerns.…

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Oil gains as tension flares in Europe, Middle East

Oil prices gained in Asian trade on Monday supported by geopolitical tension in Europe and the Middle East, although the prospect of more oil supply and concern about the impact…

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Oil little changed as demand concerns overshadow US rate cut buoyancy

Oil prices were little changed on Friday after settling lower in the previous session, the day after the U.S. Federal Reserve cut interest rates for the first time this year,…

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Oil prices little changed

Oil prices were little changed on Thursday after the U.S. central bank lowered its key interest rate as widely expected, while an indication of more rate cuts before year-end raised…

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Oil retreats but geopolitical jitters cap declines

Oil prices eased slightly on Wednesday, after rising more than 1% in the previous session, though ongoing geopolitical jitters provided a floor under prices while traders also awaited an expected…

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Oil edges up as market weighs supply risk from attacks on Russian refineries

Oil prices edged up on Tuesday after rising in the previous session, as market participants contemplated potential supply disruption from Russia after Ukrainian drone attacks on its refineries. Brent crude…

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Oil holds gains as investors eye impact from attacks on Russian energy facilities

Oil prices were little changed on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries that could disrupt its crude and fuel exports, while also eyeing…

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Oil prices extend losses

Oil prices fell on Friday, adding to big declines in the previous session, as concerns about the possible softening of U.S. demand and broad oversupply offset worries about supply disruption…

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Oil prices settle up over $1 after global tensions mount; oversupply caps gains

Oil prices settled higher on Wednesday by more than $1 a barrel as investors worried about possible supply disruptions after Poland downed drones in its airspace and the U.S.pushed for…

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Oil Prices Surge Amid Middle East Tensions

Oil prices rose on Wednesday after Israel attacked Hamas leadership in Qatar and U.S. President Donald Trump asked Europe to impose tariffs on buyers of Russian oil, but a weak…

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Oil rises on modest OPEC+ output hike decision, Russia supply woe

Oil prices gained on Tuesday after OPEC+ decided to increase production by less than what market participants had anticipated, while concerns over tighter supply due to potential new sanctions on…

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Oil prices ease as investors await OPEC+ output decision

Oil prices drifted down in early trading on Friday for the third straight day as investors awaited an OPEC+ meeting this weekend that will consider further output hikes. Brent crude…

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Oil prices extend losses as OPEC+ considers another output hike

Oil prices slid on Thursday, extending a decline of more than 2% in the previous session, as investors and traders look ahead to a weekend meeting of OPEC+ where producers…

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Oil slips as market weighs end of US summer driving and India supply dilemma

Oil prices fell on Thursday as investors weighed the outlook for U.S. fuel demand with the end of the summer driving season near, while assessing potential crude supply shifts as…

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Oil steady as investors eye Ukraine war, US tariffs on India

Oil prices steadied on Wednesday, after falling in the previous session, as the market watched for fresh developments in the Ukraine war and investors weighed hefty new U.S. tariffs on…

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Oil eases after rising to two-week high on Russia-Ukraine supply concerns

Oil prices edged down on Tuesday after surging nearly 2% in the previous session, as traders kept a close watch on developments in the Russia-Ukraine conflict for the potential impact…

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Oil prices climb after Ukraine attacks hit Russian energy sites

Oil prices edged higher on Monday after Ukraine stepped up attacks on Russia, fanning concerns Russian oil supply could be disrupted, while expectations of a cut in U.S. interest rates…

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Oil extends gains amid signs of strong demand

Oil prices extended gains on Thursday, bolstered by signs of strong demand in the U.S., with uncertainty over efforts to end the war in Ukraine also lending support. Brent crude…

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Oil little changed as investors await next steps in Ukraine peace talks

Oil prices were little changed on Wednesday as investors await the next steps in talks to end Russia's invasion of Ukraine, leaving in place sanctions on Russian crude and the…

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Oil edges lower as market ponders potential Russia-Ukraine peace talks

Oil prices slipped in early Asian trade on Tuesday as market participants contemplated planned three-way talks among Russia, Ukraine and the U.S. to end the war in Ukraine, which could…

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Oil falls on easing Russia supply concerns after Trump-Putin meet

Oil prices slipped on Monday as the U.S. did not exert more pressure on Russia to end the Ukraine war by implementing further measures to disrupt Russian oil exports after…

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Oil Prices Steady as Investors Await Trump-Putin Meeting

Oil prices were steady on Wednesday as investors awaited clearer indications of U.S. inventory data, while eyeing an upcoming meeting between U.S. President Donald Trump and Russian President Vladimir Putin.…

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Oil gains as US-China tariff pause extension boosts trade hopes

Oil prices rose on Tuesday as the United States and China extended a pause on higher tariffs, easing concerns an escalation of their trade war would disrupt their economies and…

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Oil prices fall as market eyes US-Russia talks on Ukraine

Oil prices fell in early Asian trading on Monday, extending declines of more than 4% last week on higher U.S. tariffs on its trading partners, an OPEC output hike, and…

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Oil set for steepest weekly losses since June as tariffs cloud demand outlook

Oil prices were little changed in early Asian hours on Friday, but were headed for their steepest weekly losses since late-June, as investors expressed concern over the impact to the…

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Oil rises 1% on US demand strength

Oil prices rose 1% on Thursday, pausing a five-day losing streak, on signs of steady demand in the U.S., the world's biggest oil user, though uncertainty about the macroeconomic impacts…

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Oil rebounds on Trump threats on Russian crude buyers

Oil prices climbed on Wednesday, rebounding from a five-week low in the previous day, on concerns of supply disruptions after U.S. President Donald Trump's threats of tariffs on India over…

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BP says it makes biggest oil and gas find in 25 years

Energy giant BP says it has made its largest oil and gas discovery this century as it shifts its focus away from renewable energy and back to fossil fuels. The…

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Oil drifts lower on rising supply, concerns about demand

Oil prices drifted lower on Tuesday on oversupply concerns as OPEC+ moved ahead with another large output hike despite a weak demand outlook, more than offsetting the potential for tighter…

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Oil slips as OPEC+ proceeds with September output hike

Oil prices extended declines on Monday after OPEC+ agreed to another large production hike in September, with concerns about a slowing economy in the U.S., the world's biggest oil user,…

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Oil steadies as concerns about tariff impacts vie with Russian supply threats

Oil prices were little changed on Friday after falling more than 1% in the previous session as traders digested the impact of new higher U.S. tariffs that may curtail economic…

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Oil steady as market weighs Trump tariff threats, surprise US stockbuild

Oil prices steadied on Thursday as investors weighed the risk of supply shortages amid U.S. President Donald Trump's push for a swift resolution to the war in Ukraine through more…

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Oil pauses rally as markets weigh Trump’s ultimatum to Russia

Oil prices took a breather in Asian trade on Wednesday after the previous session's spike of more than 3%, as investors awaited developments from U.S. President Donald Trump's tighter deadline…

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Oil rises as US-EU deal boosts trade optimism

Oil prices rose on Monday after the United States clinched a trade deal with the European Union and may extend a tariff pause with China, relieving concerns that higher levies…

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Oil gains as trade talk optimism offsets potential higher Venezuelan supply

Oil prices rose on Friday as trade talk optimism supported the outlook for both the global economy and oil demand, outweighing news of the potential for more oil supply from…

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Oil prices rise on US trade optimism, drop in crude inventories

Oil prices rose on Thursday, buoyed by optimism over U.S. trade negotiations that would ease pressure on the global economy and a sharper-than-expected decline in U.S. crude inventories. Brent crude…

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Oil prices pause slide on US-Japan trade deal

Oil prices edged up in Asian trade on Wednesday after falling for three consecutive sessions as a U.S. trade deal, with Japan signalled progress on tariffs, though gains were capped…

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Oil falls as trade war concerns increase worries about fuel demand

Oil prices declined on Tuesday as concerns the brewing trade war between major crude consumers the U.S. and the European Union will curb fuel demand growth by lowering economic activity…

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