Oil Prices Predicted for Third Monthly Drop, OPEC+ Plans Supply Increase
Oil prices are on track for a third consecutive monthly decline, driven by concerns about a global oversupply, with OPEC+…
Oil Steady Ahead of US–China Summit, OPEC+ on the Radar
Oil prices moved flat as the market awaited two major events: the US–China Summit and the OPEC+ meeting. December Brent…
Oil Stabilizes, Market Eyes on Russia & US Stockpiles
Oil prices are stabilizing after three consecutive days of declines. Brent is trading below $65 per barrel, and WTI is…
US Stockpiles Shrink, Oil Rises Slightly
Oil prices edged higher on Tuesday after an API report indicated US crude inventories fell by 3 million barrels, the…
Oil Prices Stagnate, Will War or Peace Be the Decider?
Oil prices are stabilizing after recording a third consecutive weekly decline. Brent remains around $61 per barrel, while WTI is…
Oil Sideways, US–China Heats Up
Oil prices stabilized after hitting a 5-month low. WTI hovered near $59/barrel and Brent around $62, indicating the market remains…
Oil Pares Weekly Gain as Trump Calls for Low Prices to End War
Oil pared a second weekly gain as renewed calls by US President Donald Trump for lower prices to pressure Moscow…
Oil Holds Gains With Focus on Further Russian Sanctions, Glut
Oil steadied after two days of gains as investors weigh the potential of further western sanctions on Russian supplies against…
Oil Steadies as Traders Weigh Geopolitical Risks, OPEC+ Policy
Oil steadied after closing at the highest in a month as investors weighed a host of geopolitical risks, including a…
Oil Steadies Near Two-Month Low as IEA Warns of Record Glut
Oil steadied near a two-month low after the International Energy Agency said the market is on track for record oversupply…