Oil News

Oil prices fell more than 2% on Friday, extending losses for a third straight session, as U.S. pressure to secure a peace agreement between Russia and Ukraine raised concerns about increased global ...

Oil prices rose on Thursday after a sharp decline in the previous session, supported by a larger-than-expected drop in US crude inventories and a broad rebound across risk assets.   Brent ...

Oil prices fell on Wednesday as a buildup in U.S. crude inventories deepened concerns about oversupply, though losses were limited by tightness in global fuel markets following attacks on Russian oil ...

Oil prices fell on Monday after loading operations resumed at Russia’s Novorossiysk export hub, following a two-day suspension at the Black Sea port that had been hit by a Ukrainian ...

Oil prices rose by about 2% on Friday, supported by supply concerns after the Black Sea port of Novorossiysk halted oil exports following a Ukrainian drone attack that targeted an oil depot in one of ...

Oil prices edged higher on Thursday, pausing after steep losses in the previous session, as investors assessed the impact of new US sanctions on Russia’s Lukoil while persistent concerns over a ...

Since the early 2010s, the intensive and systematic development of the U.S. shale oil and gas sector has transformed the country from one of the world’s largest energy importers into one of its ...

Oil prices fell by about 1% on Wednesday, pressured by a supply glut in the market, though expectations that the end of the longest U.S. government shutdown in history could boost demand limited ...

Oil prices were little changed on Tuesday as investors balanced concerns about rising global supply with uncertainty over the impact of new US sanctions on Russian crude.   Brent futures rose ...

Contrary to popular belief, oil prices are not determined by a single country, company, or even one cartel. They are the outcome of a global tug-of-war between producers, traders, and policymakers ...