Oil News

With Russia still preoccupied with the war in Ukraine and China focused on the Taiwan issue, the United States and its key Western allies — notably the UK, France, and Italy — continue to ...

Oil prices rose on Wednesday after the United States shot down an Iranian drone and armed Iranian boats approached a US-flagged vessel, bringing fears of a potential escalation between Washington and ...

Oil prices stabilized on Tuesday after dropping more than 4% in the previous session, as market participants assessed global supply prospects and the possibility of easing tensions between the United ...

Oil prices fell by about 5% in early Monday trading, retreating from five-month highs recorded at the end of last week, after the latest tensions between the United States and Iran appeared to be ...

Brent crude futures fell during Friday trading, pulling back from their highest levels in five months, after US President Donald Trump signaled the possibility of holding talks with Iran, easing ...

Brent crude futures surged on Thursday to their highest levels in four months, driven by mounting concerns over the possibility of a US military strike on Iran, OPEC’s fourth-largest producer, ...

Oil prices held near their highest levels in almost four months during Wednesday’s trading, supported by disruptions to US crude production caused by a severe winter storm, alongside a weaker ...

Oil prices were largely steady on Tuesday, as a major winter storm disrupted crude output and affected refineries along the US Gulf Coast, while the upward pressure from supply outages was offset by ...

Oil prices steadied on Monday after jumping more than 2% in the previous session, as disruptions to US crude output and rising tensions between the United States and Iran were offset by easing ...

Oil prices rose again on Friday after US President Donald Trump renewed his threats against Iran, stoking fears of potential military action that could disrupt crude supplies, while production ...