Brent News

US Oil Production Surge Forecasted as Prices Dip by 1% Post-Trump Inauguration

Oil prices fell by 1% as President Trump's inauguration and his promise to increase US oil and gas production led to a national energy emergency declaration, affecting futures for ...

Crude Oil Prices Take a Dip: A 1% Drop Following Yesterday's Surge

Crude oil prices fell by over 1% on Thursday, reversing previous gains due to US sanctions on Russia and delays in Israel-Hamas negotiations. WTI and Brent prices both saw decrease...

US Sanctions Propel Oil Prices Up by 2%, Spotlight on Russia's Energy Sector

Crude oil prices surged over 1% due to US sanctions targeting Russia's energy sector, affecting major producers and raising global supply concerns. WTI and Brent prices both saw si...

US Sanctions Spark 4% Surge in WTI Prices: A Deep Dive into the Impact on Russian Oil

Oil futures surged as the US plans new sanctions on Russian oil tankers and insurance companies, aiming to cut into Russia's oil income. WTI and Brent prices saw significant increa...

Surge in Oil Prices: A 1% Increase Driven by Shrinking US Inventories

Crude oil prices increased by over 1% following the EIA's report of a 4.2 million barrel decrease in US commercial crude oil inventories. The Baker Hughes rig count remained stable...

Oil Prices Drop 1% Amidst Concerns Over China's Demand

Crude oil prices fell on Friday due to concerns over demand in China, the world's largest importer. Sinopec forecasts China's oil demand to peak by 2027.

US Oil Inventories Drop Sparks WTI Surge: What's Next for Oil Prices?

Oil futures prices surged on Wednesday following a reported 0.9 million barrel decrease in US oil inventories, sparking supply concerns and driving WTI and Brent prices higher.

Global Oil Demand Concerns Send Prices Plummeting Over 1%

Crude oil prices fell on Thursday after OPEC cut its global demand outlook for the next year, with the IEA also lowering its demand growth forecast for this year.

Oil Prices Surge Amid Middle East Political Turmoil

Oil futures prices increased as investors evaluated the consequences of political changes in Syria and regional reactions. WTI and Brent prices rose by 1.09% and 1.05% respectively...

Middle East Turmoil Sends Oil Prices Soaring Over 1%

Oil futures prices rose on Monday as traders assessed the potential consequences of opposition forces seizing power in Syria and ousting President Bashar al-Assad. West Texas Inter...

Middle East Unrest Drives Oil Prices Up Over 1%

The prices of oil futures grew on Monday as traders assessed the potential consequences of the opposition forces seizing power in Syria and outsing President Bashar al-Assad. West ...

Oil Prices Surge as OPEC+ Meeting Looms and Middle East Tensions Escalate

Oil prices continued to increase on Tuesday ahead of the OPEC+ meeting on December 5. The group is expected to defer its scheduled increase in oil production. Geopolitical tensions...

OPEC+ Meeting: Crude Oil Prices Surge 1% Ahead of Key Decision

Crude oil futures prices rose by 1% on Tuesday as traders awaited the OPEC+ meeting scheduled for Thursday, December 5. The organization is expected to extend its production cuts u...

Oil Prices Surge Amidst Rising Demand and Geopolitical Tensions

Crude oil futures rose 1% on Monday, driven by a faster expansion in China's manufacturing sector and ongoing geopolitical tensions in the Middle East. West Texas Intermediate (WTI...