Crude oil prices News

Crude Oil Prices Plummet Over 2% Amid Escalating US-China Trade Tensions

Crude oil prices fell over 2% as trade tensions between the US and China escalate, with China denying a claimed call between Trump and Xi Jinping. WTI and Brent prices dropped sign...

US Market Recovery Fuels Over 2% Surge in Crude Oil Prices Amid OPEC+ Report

Crude oil prices jumped over 2% as U.S. stock markets recover, with WTI and Brent seeing significant increases. Investors are also weighing the OPEC+ report showing a production de...

Surge in Crude Oil Prices: A 2% Leap as US Markets Bounce Back from Selloff

Crude oil prices jumped over 2% as US markets recover from a selloff, with WTI and Brent crude seeing significant increases. OPEC+'s report of a production decline also influences ...

Crude Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices surged over 1% as the Gaza conflict escalates with Hamas rejecting Israel's ceasefire, and OPEC+ reports a production decline. WTI and Brent crude prices saw immed...

Surge in Crude Oil Prices: A 2% Jump as US Markets Bounce Back from Selloff

Crude oil prices jumped over 2% as US markets recover from a selloff, with WTI and Brent seeing significant increases. OPEC+ reports a production decline, influencing investor sent...

Crude Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices surged over 1% as Gaza conflict tensions escalate and OPEC+ reports a production decline. Hamas rejects ceasefire, while OPEC lowers demand forecast, impacting glo...

US Market Recovery Fuels Over 2% Surge in Crude Oil Prices Amid OPEC+ Report

Crude oil prices jumped over 2% as US markets recover, with WTI and Brent seeing significant increases. OPEC+ reports a production decline, influencing investor sentiment.

Crude Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices rose over 1% as Gaza ceasefire hopes vanished after Hamas rejected Israel's proposal. OPEC+ production fell in March, and OPEC lowered its 2025 oil demand forecast...

Crude Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices increased by over 1% as hopes for a Gaza ceasefire faded and OPEC+ announced a production cut. Hamas rejected Israel's ceasefire proposal, while Israel vowed not t...

Crude Oil Prices Surge Over 1% Amid Gaza Conflict and OPEC+ Production Cuts

Crude oil prices rose over 1% as the Gaza conflict escalates with Hamas rejecting Israel's ceasefire proposal. Israel vows not to capitulate to Hamas's demands. WTI and Brent crude...

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...

Oil Prices Surge Amid US-Canada Trade Dispute and Unexpected US Inventory Data

Crude oil prices rose due to US-Canada trade tensions and unexpected US inventory data, with Canada imposing counter duties on US goods. WTI and Brent prices increased, reflecting ...

Trump's Remarks Cause Crude Oil Prices to Plummet to December Lows

Crude oil prices hit their lowest since December after President Trump's remarks on reducing oil prices and a report showing an increase in US crude inventories. WTI and Brent crud...

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.

Global Oil Demand Concerns Push Crude Prices Down by 1%

Crude oil prices fell on Tuesday as the IEA and OPEC cut their 2024 global oil demand growth forecasts, causing investor concerns. The market also awaited the Federal Reserve's mon...