Oil prices dip as investors assess trajectory of US-Iran tensionsOil prices saw a slight dip today after a significant rise yesterday. Investors are watching developments between the United States and Ira...
Oil prices pick up on prospect of US replenishing strategic reserve"The oil market was supported by speculation that if WTI falls below $79, the U.S. will move to build up its strategic reserves," said Hiro...
Oil prices fall on China demand worries"Worries over weak demand in China outweighed the extension of supply cuts by OPEC+," said Hiroyuki Kikukawa, president of NS Trading, a un...
Oil prices ease on worries of waning demand in US and ChinaBrent crude futures for January were down 35 cents, or 0.4%, at $81.08 a barrel at 0051 GMT, while the U.S. West Texas Intermediate (WTI) c...
Oil prices steady as fears over supply tightness counter demand woesOil prices were stable on Wednesday with Brent crude futures up 0.1% to $76.38 a barrel and US West Texas Intermediate futures up 0.2% to $...
Oil prices extend losses on fears of recession and slower oil demandOil prices eased on Friday, extending losses from the two previous days and heading for a weekly decline, as softening U.S. economic data a...
Oil prices steady as investor focus shifts to demand outlook"In the short term, demand is expected to rise for the summer driving season, but higher oil prices may intensify inflationary pressures an...
Oil falls as US holds off refilling strategic reserve"Continued crude supply from Russia to global market also added to pressure," Kikukawa said, predicting that the benchmarks would likely te...
Oil rebounds as China demand recovery optimism supports pricesOil supply should remain steady for the medium term as the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group...
World Bank President David Malpass won't resign despite criticism of his climate viewsWorld Bank President David Malpass faced the ire of climate advocates who called for him to resign because of his climate change views. He ...
India wary of Russia oil cap as US official arrives to push planThe effectiveness of an the oil-price cap could hinge on commitments from key customers such as China and India, which have boosted oil pur...
Oil rises as Russian gas cut to Europe may encourage switching to crude"But a tug-of-war between concerns about weakening demand due to the economic slowdown amid rising U.S. interest rates and fears of supply ...
Oil dips on profit-taking ahead of Fed updateBrent crude futures were down 15 cents, or 0.2%, at $88.05 a barrel at 0105 GMT, having jumped 2.2% in the previous session.
Oil rises on expectation high natural gas to drive switch for heatingOil prices rose on Thursday, reversing previous losses, on expectations that high natural gas prices as winter approaches may drive a switc...
Oil falls on oversupply fears after build in U.S. crude stocksU.S. crude oil and gasoline stocks rose last week, data from industry group the American Petroleum Institute showed, with crude inventories...
Oil falls as possible OPEC+ supply boost, COVID-19 spike weigh on sentimentBrent crude futures for December dropped 22 cents, or 0.5%, to $42.94 a barrel by 0154 GMT, while U.S. West Texas Intermediate (WTI) crude ...
Oil prices skid as concerns over U.S. demand recovery seep through marketU.S. crude inventories fell by 4.3 million barrels to about 512 million barrels, more than analysts' expectations for a 2.7 million-barrel ...