Oil News

Economies.com provides you with the latest news and fundamental analysis about Oil. Through this page you may read about all the economic and political events around the world affecting the Crude Oil Prices.
Oil price - Last update: 2024-04-16 07:10AM UTC
85.745
Global oil prices rose in European trade on Friday, resuming their advance and approaching six-month highs amid mounting Middle East tensions as Iran vows to respond to a presumed Israeli airstrike ...
Oil prices fell in European trade on Thursday, resuming its losses after a short hiatus yesterday following a spike in US crude stocks.   Prices are also pressured by the dollar's steep rise ...
Global oil prices rose in European trade on Wednesday for the first time in four days, with Brent trading above $90 once more amid mounting tensions between Iran and Israel.   The gains are ...
Global oil prices fell in European trade on Tuesday on track for the third profit in a row away from six-month highs amid active profit-taking, and ahead of initial US inventory data.   Israel ...
Oil declines after weekly gains
2024-04-08 21:15PM UTC
Oil prices declined on Monday but trimmed their losses in an attempt to steady the pace after last week’s gains.   Goldman Sachs’ analysts expect Brent prices to hold below $100 in ...
Oil prices declined in European trade on Friday for the first time in seven days off six-month highs on active profit-taking.    Prices are heading for the fourth weekly profit in a row ...
Global oil prices rose in European trade on Wednesday on track for the fifth profit in a row, scaling a six-week high as Brent approaches $90 due to concerns about global supply ...
Oil prices rose on Tuesday amid mounting geopolitical tensions in the Middle East, while Ukraine intensified its attacks on Russian energy infrastructure.    A guided Ukrainian plane ...
Global Oil Prices Global oil prices extended their gains in American trade on Thursday and hit one-week highs while on track to retest four-month highs following strong US growth data. US GDP ...
US crude stocks rise unexpectedly
2024-03-27 15:39PM UTC
The Energy Information Administration reported a buildup of 3.2 million barrels in US crude stocks last week, while analysts expected a drop of 1.2 million barrels.   Gasoline stocks rose 1.3 ...