global oil market

Oil prices extended their declines on Wednesday as investors focused on improved Gulf supplies following Saudi…

Saudi Arabia could run out of oil stocks for export within days if it fails to restart its major East-West pipeline…

Oil prices edged lower on Thursday as investors weighed uncertainty over renewed US-Iran military strikes and the…

Oil prices rose on Monday as fading hopes for a US-Iran peace breakthrough and slowing tanker traffic through the…

Oil prices rose more than 2 per cent on Tuesday to their highest levels since July 31 as hopes for a US-Iran deal…

Oil prices extended losses on Wednesday amid hopes of progress in efforts to end the conflict between Iran and the…

Oil prices fell more than 6 per cent on Monday after the United States and Iran paused military strikes over the…

Oil prices rose on Monday to their highest level in more than a month as escalating hostilities between the United…

Oil prices climbed more than three per cent on Tuesday, reaching their highest levels in four weeks as renewed…

Oil prices fell by more than 1 per cent on Monday after OPEC+ agreed to raise its production target for August and…

Oil prices rose slightly on Wednesday as uncertainty over negotiations between Iran and the US to end their war…

Oil prices fell around 1 per cent on Tuesday and headed for sharp monthly losses as investors weighed uncertainty…

Oil prices extended losses on Thursday, with Brent crude and US West Texas Intermediate (WTI) falling to their…

Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon raised hopes for a broader agreement to…

Oil prices rose more than 1 per cent on Thursday, recovering part of the previous session’s losses as investors…

Oil prices fell about 1 per cent on Monday as the United States and Iran prepared for a third round of nuclear…

Oil prices were little changed on Wednesday but were set to post losses of more than 15 per cent in 2025, as global…

Oil prices rose on Monday as geopolitical tensions and supply concerns weighed on markets. Brent crude climbed 63…

Oil prices extended gains for a sixth straight session on Wednesday, supported by strong US economic growth and…

Oil prices dipped on Tuesday as traders balanced geopolitical tensions with bearish supply fundamentals. Brent…

Oil prices rose around 2 per cent on Monday after OPEC+ reaffirmed its plan to hold output steady, while…

Oil prices edged lower on Thursday as expectations of a Ukraine-Russia ceasefire raised prospects of easing Western…

Oil prices fell on Monday, wiping out last week’s gains, after Russia resumed crude loadings at the Novorossiysk…

Oil prices rose over $1 a barrel on Monday after OPEC+ confirmed a planned output increase of 411,000 barrels per…

The global oil market could see a surplus of around 600,000 barrels per day in 2025, according to the International…

Global oil demand rose by 870,000 barrels per day (kb/d) in the second quarter of 2024, according to the…

Oil market appears more localised, as the ongoing Red Sea unrest and rising freight rates made supplies from closer…

The International Energy Agency (IEA) anticipates tight oil markets, contrasting with the current decline in oil…

Oil prices have decreased Monday amid anticipations about the Federal Reserve’s upcoming meeting and decisions.

Oil prices recorded an increase exceeding 2 percent, right after hitting their lowest since December 2021 on…

Saudi Arabia is struggling to maintain its share of the global oil market in a contest that pits the world's…

Four longtime traders in the global oil market claim in a lawsuit that the prices for buying and selling crude are…