Tag: global oil market
Oil Slips on Big U.S. Inventory Build and Ukraine Peace Efforts
Oil prices fell during Asian trading on Thursday after official data revealed a much larger-than-expected increase in U.S. crude inventories. Hopes for progress on...
Oil Prices Slip on Oversupply Fears, U.S. Demand Cushions Drop
Oil Prices Slip 1% on Oversupply Fears, Strong U.S. Demand Limits Decline
Oil prices fell by 1% on Wednesday, pressured by growing concerns of a...
Oil Prices Climb as Russia Sanctions Spark Market Jitters
Oil prices moved higher on Thursday after falling for three straight sessions. Earlier declines had been driven by concerns over excess supply in the...
Oil Prices Slip as OPEC+ Plan Raises Fears of Supply Surplus
Oil prices fell on Tuesday as expectations of another OPEC+ production increase and the restart of crude exports from Iraq’s Kurdistan region pointed to...
Oil Gains $1 a Barrel as Kurdish Export Restart Faces Delays
Oil prices climbed more than $1 per barrel on Tuesday after hopes of restarting Kurdish oil exports stalled. The delay eased some investor worries...
Oil Slips as OPEC+ Considers Further Production Increase
Oil prices dropped around 2% on Wednesday as markets looked ahead to the upcoming OPEC+ meeting this weekend. The group is expected to discuss...
Oil Prices Gain 1% Ahead of Key OPEC+ Meeting
Oil Prices Rise Ahead of OPEC+ Meeting as Supply Risks Loom
Oil prices gained on Tuesday as traders awaited the upcoming OPEC+ meeting on Sunday....
Oil Prices Rise Further on Signs of Strong Demand
Oil prices extended gains on Thursday, supported by strong demand signals in the United States and continued uncertainty around the Ukraine war.
Brent crude futures...
