Brent News

Global Oil Prices Tumble Over 5% Amid Escalating US-China Trade Tensions

Oil futures plummeted over 5% as US-China trade tensions escalate, with China imposing 84% tariffs on US goods. WTI and Brent prices saw significant drops, reflecting investor caut...

US-China Trade War Intensifies: Oil Prices Drop Sharply by 3% Amid Tariff Escalation

Crude oil prices fell sharply as US-China trade tensions escalated, with WTI dropping over 3% following Chinese retaliatory tariffs. Concerns over demand weakness and trade war imp...

US-China Trade War Intensifies: Oil Prices Drop Sharply by 3% Amid Tariff Escalation

Crude oil prices dropped over 3% as US-China trade tensions escalate, with WTI and Brent both seeing significant declines. Chinese retaliatory tariffs and accusations of the US usi...

Crude Oil Prices Dip Over 1% Amidst China-US Tariff Tensions and Demand Concerns

Crude oil prices fell over 1% as China's retaliatory tariffs on U.S. goods took effect, raising demand concerns. Meanwhile, President Trump maintains tariffs on China but pauses mo...

Crude Oil Prices Dip Over 1% Amid China-US Tariff Tensions and Global Trade Uncertainties

Crude oil prices fell over 1% as China's retaliatory tariffs on U.S. goods took effect, raising demand concerns. Meanwhile, President Trump maintains tariffs on China but pauses mo...

Crude Oil Prices Dip Over 1% Amidst China-US Tariff Tensions and Demand Concerns

Crude oil prices fell over 1% as China's retaliatory tariffs on U.S. goods took effect, raising demand concerns. Meanwhile, President Trump maintains tariffs on China but pauses mo...

Global Oil Prices Tumble Over 6% Following China's Sharp Increase in US Goods Tariffs

Crude oil prices plummeted by over 6% after China raised tariffs on US goods to 84%, responding to US tariffs on Chinese imports. WTI and Brent prices dropped significantly, reflec...

Oil Prices Make a Slight Comeback Amid Global Trade War Concerns

Crude oil prices rebounded slightly after a significant drop, amidst fears of a global recession sparked by US President Trump's announcement of reciprocal tariffs, leading to a ma...

Oil Prices Swing as False Tariff Relief News Sparks Brief Rally Before Denial

Oil futures briefly rallied on incorrect news of U.S. tariff relief before the White House denied the reports, causing prices to reverse. WTI and Brent initially saw gains but quic...

Oil Prices Swing Dramatically Amid False Reports of U.S. Tariff Relief

Oil futures briefly surged on incorrect reports of U.S. tariff relief, with prices swinging dramatically before the White House denied the claims, showcasing the market's sensitivi...

Oil Prices Briefly Spike on Misleading Tariff Relief Announcement Before Correcting

Oil prices briefly surged due to a misquoted statement about potential tariff relief, showing the market's sensitivity to geopolitical news. Prices corrected after the White House ...

Oil Prices Surge to February Highs Amid Growing Supply Concerns and Geopolitical Tensions

Oil prices hit their highest since late February due to supply concerns and geopolitical tensions, with WTI and Brent seeing significant gains. Former President Trump's warning abo...

Oil Prices Surge Over 1% Amid US Inventory Concerns and Venezuelan Tariffs

Oil prices rose over 1% as the market reacts to a larger-than-expected drop in US crude inventories and new tariffs on Venezuelan oil imports, potentially affecting global supply.

Trump's Bold Move Sends Oil Prices Tumbling to December Lows

Crude oil prices have fallen to their lowest since December after President Trump announced plans to reduce oil prices, coupled with a significant increase in US crude inventories.

Global Oil Prices Surge Amid Trade War Fears and Supply Concerns

Oil prices surged as new US tariffs on Canada, Mexico, and China raised fears of reduced global crude supplies. The tariffs have sparked retaliatory measures and concerns over incr...

Oil Prices Surge Amid Trade War: WTI Jumps 2.5% on Global Supply Concerns

Oil prices surged as traders worried about reduced global crude supplies following US tariffs on Canada, Mexico, and China. WTI and Brent futures both saw significant increases in ...

Oil Prices Surge Amid Trade War Tensions: A Deep Dive into Global Supply Fears

Oil prices surged as traders worried about reduced global crude supplies due to new US tariffs on Canada, Mexico, and China. This led to increased costs for consumers and retaliato...

Oil Prices Surge Amid Global Trade Tensions and Supply Concerns

Oil prices surged as US tariffs on Canada, Mexico, and China raised concerns over global crude supply disruptions. WTI and Brent futures experienced significant gains amidst escala...

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...