Browsing: Oil prices

Oil Prices Close Positive as China, US Moves to Talk Oil prices are set for a slight weekly gain in…

Oil Prices Fall as Ceasefire Agreement Boosts Hope In the global commodities market, crude oil prices slightly decreased on Wednesday…

Oil Prices Fall as Markets Ignore US Brokered Ceasefire Oil prices fall as the global commodities markets ignore Ukraine agreeing…

OPEC+ Plan, Tariffs Threats Weigh on Oil Prices Oil prices continue to face multiple pressures coming from both demand and…

Oil Drops to $70 on Higher U.S. Inventories, OPEC+ Supply Oil prices come under pressures on Tuesday on expected increase…

Oil prices rallied in the global commodity market on Monday as the U.S. slammed higher tariffs on its major suppliers, Canada and Mexico with a 10% tariff hike on China. Brent crude rose by 0.03%, trading at $76.33 per barrel, while the US benchmark West Texas Intermediate (WTI) increased by 0.2%, reaching $73.56 per barrel.

Oil Prices Fall, European Gas Ticks Up Amidst U.S Tariff Threats Brent crude oil futures fell toward $77 per barrel…

Oil Prices Surge on Tight Supply from OPEC+ Members Oil prices surged in the global commodities market due to tight…

The oil market rebounded on Tuesday following a strong bearish trend that plunged crude prices lower on Monday following Israel’s retaliatory attack on Iran at the weekend. While it is still not clear if and how Iran will retaliate, the market is clearly of the view that supply risks have eased for now, ING said in a note.

Oil Prices Decline over China’s Demand Concerns In the global commodity market, crude oil prices decline over concerns that China’s…