oil futures News

US Oil Futures Surge 1% Amid Significant Inventory Draw, Sparking Supply Concerns

Oil futures surged by 1% following an EIA report showing a significant draw in U.S. oil inventories, raising supply concerns. WTI and Brent crude prices both saw notable increases.

Oil Futures Surge Amid Anticipation of Trump's Policy Overhaul

Oil futures prices climbed as investors anticipated major policy shifts under President-elect Donald Trump, including tariffs, deregulation, and tax reforms. The Fed's hawkish stan...

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 ...