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Crude oil News

Oil Prices Surge Amid Uncertainty Over Ukraine-Russia Ceasefire Prospects

Michael Lee 14 Mar, 2025

Crude oil prices climbed by 1% due to uncertainties over a Russia-Ukraine ceasefire deal, potentially impacting global energy supplies. Putin is open to a 30-day ceasefire for long...

Market

Egypt's New Oil Reserves Discovery Causes 1% Drop in Crude Oil Prices

Michael Lee 30 Jan, 2025

Crude oil prices dropped by 1% following Egypt's announcement of discovering new oil reserves in the Gulf of Suez. The US also reported an increase in crude oil inventories, contri...