Tag: global oil supply
Oil Prices Climb as Markets Await Trump–Zelenskiy Talks Outcome
Oil prices moved higher on Monday as investors assessed the outcome of talks between the U.S. and Ukrainian presidents on a possible agreement to...
Oil Prices Head for Weekly Gains as Geopolitical Risks Intensify
Oil prices were largely steady during Asian trading on Friday, holding on to gains from earlier in the week as geopolitical tensions continued to...
Oil Prices Hold Steady as Geopolitical Tensions Clash With Weak Demand
Oil prices were largely unchanged on Tuesday, as the market balanced fresh geopolitical supply risks against ongoing bearish fundamentals. Potential U.S. sales of seized...
Oil Prices Dip as Bearish Fundamentals Clash With Geopolitical Risks
Oil prices edged lower on Tuesday as traders balanced escalating geopolitical tensions against persistent bearish fundamentals. Market sentiment was shaped by signals from the...
Oil Prices Jump as U.S. Escalates Action Against Venezuela Tankers
Oil prices moved higher on Monday after the United States intercepted an oil tanker in international waters near Venezuela, heightening concerns over potential supply...
Oil Prices Tick Up, but Head for Weekly Loss on Oversupply...
Oil prices moved higher on Friday, but remained on track for a second consecutive weekly decline as persistent concerns over a global supply glut...
Oil Prices Head for Second Straight Weekly Loss
Oil prices moved lower in early Friday trading and were on track to finish the week in negative territory for a second consecutive time....
Oil Breaks Below $60 as China Weakness Adds to Peace-Talk Pressure
Oil prices slipped below $60 a barrel on Tuesday, marking their lowest level since May, as growing optimism around a potential Russia-Ukraine peace deal...
Oil Prices Hold Steady as Venezuela Disruptions Offset Supply Fears
Oil prices declined on Monday as markets weighed supply disruptions caused by rising U.S.-Venezuelan tensions against growing concerns over oversupply and the potential impact...
Oil Rebounds on US-Venezuela Tensions, Yet Weekly Slide Persists
Oil prices edged higher on Friday as fears of supply disruptions intensified after reports that the United States could intercept additional tankers carrying Venezuelan...
