Tag Archives: Oil Prices

In a volatile dance of global economics, oil prices dipped on Friday as concerns mounted over a potential recession triggered by escalating U.S. tariff wars. Despite the late-week stumble, crude managed to notch its third consecutive weekly gain, buoyed by intensified U.S. pressure on OPEC heavyweights Venezuela and Iran. Brent …

Oil prices edged higher on Monday, buoyed by upbeat Chinese manufacturing data, as traders assessed geopolitical developments, including efforts to resolve the Russia-Ukraine conflict and the impact of U.S. tariffs. As of 08:30 ET (13:30 GMT), Brent crude futures for May delivery rose 0.6% to $73.24 per barrel, while West …

Oil prices fell in Asian trading on Friday, extending their monthly losses as: Concerns over U.S. trade tariffs weighed on global demand. Hopes for a Russia-Ukraine peace deal raised the prospect of lifted sanctions and increased oil supply. At 21:38 ET (02:38 GMT): Brent crude futures dropped 0.4% to $73.30 …

Oil prices rebounded slightly in Asian trading on Thursday, recovering from a two-month low as investors analyzed President Donald Trump’s fresh tariff threats and a mixed U.S. inventory report. At 21:55 ET (02:55 GMT): Brent Oil Futures rose 0.3% to $72.77 per barrel Crude Oil WTI Futures (March expiry) gained …

Oil prices remained under pressure on Wednesday, trading near two-month lows as growing optimism over a potential peace deal between Russia and Ukraine weighed on the market. However, a decline in U.S. crude stockpiles provided some support, limiting further losses. Market Performance By 11:42 GMT, Brent crude edged lower by …

Oil prices extended their losses on Monday as investors closely monitored diplomatic efforts to resolve the war in Ukraine and assessed the potential impact of resumed crude exports from northern Iraq. Market Overview: Brent crude fell by $0.14 (-0.2%), trading at $74.29 per barrel by 08:43 GMT. West Texas Intermediate …

Oil prices were little changed on Thursday, as a rise in U.S. crude inventories pressured the market after prices had climbed to a near one-week high in the previous session. As of 09:16 GMT: Brent crude fell 15 cents to $75.89 per barrel. West Texas Intermediate (WTI) crude declined 34 …

Oil prices rose on Wednesday, supported by supply concerns stemming from a Ukrainian drone attack on a Russian oil facility, cold weather disruptions in the U.S., and OPEC+ speculation regarding output levels. Brent crude futures climbed 0.5% to $76.25 per barrel at 07:20 GMT. West Texas Intermediate (WTI) crude for …

Oil prices extended gains on Tuesday following a drone attack on a Russian oil pipeline pumping station, which disrupted crude flows from Kazakhstan. However, expectations of rising supply limited further price increases. Brent crude futures climbed 0.6% to $75.66 per barrel by 10:14 GMT, while U.S. West Texas Intermediate (WTI) …

Oil prices saw little change on Monday as markets closely watched Russia-Ukraine peace negotiations and potential U.S. tariff actions that could impact global trade. Market Overview: Brent crude futures: -0.11% to $74.66 per barrel (1202 GMT) WTI crude futures: -0.07% to $70.69 per barrel Key Market Drivers: 1. Russia-Ukraine Peace …