Oil News

Oil prices rose on Wednesday, supported by a sharp drop in US crude inventories and growing optimism ahead of the highly anticipated trade summit between US President Donald Trump and Chinese ...

Oil prices held steady on Wednesday as investors weighed optimism surrounding the upcoming meeting between the leaders of the world’s two largest energy consumers — the United States and ...

Oil prices fell by 2% on Tuesday, marking a third consecutive session of losses, as investors assessed the impact of US sanctions on Russia’s two largest oil producers alongside potential OPEC+ ...

Oil prices fell on Monday as investors questioned whether the newly proposed trade framework between the United States and China would immediately boost demand, while remarks from Iraq’s oil ...

Oil prices steadied on Friday after a sharp rally in the previous session but remained on track for weekly gains, as concerns over tighter supplies persisted following new US sanctions on ...

Oil prices surged by 5% on Thursday after the United States imposed new sanctions on Russian energy giants Rosneft and Lukoil over the war in Ukraine, extending the gains recorded in the previous ...

Oil prices rose for a second consecutive day on Wednesday, gaining around 2%, supported by hopes of progress toward a trade agreement between the United States and both China and ...

Oil prices rose on Tuesday after falling in the previous session, as traders tried to balance concerns about oversupply in global markets with escalating trade tensions between the United States and ...

Oil prices fell during Monday’s trading session, hitting their lowest levels in five months, as investors assessed the prospects of a global supply glut in addition to trade uncertainty between ...

Oil prices fell on Friday, heading for a weekly loss of nearly 3%, after the International Energy Agency (IEA) projected an increase in global supply surpluses over the coming years, while US ...