On Sunday the Asian oil market experienced a significant decline, with Brent crude trading at $79.55 per barrel and West Texas Intermediate (WTI) at $76.52 per...
Crude prices have had something of a choppy week, though the front WTI contract is, just about, set to eke out a second straight weekly gain,...
Crude oil across both major benchmarks, Brent and West Texas Intermediate (WTI), is trading sideways with some bullish bias of around 0.3%. The crude moves come...
Crude prices benefited from a large, unexpected drop in U.S. oil stockpiles and softer inflation data. Softer producer price index data heightened expectations for a September...
Oil futures paused their four-day rally as concerns about demand resurfaced following OPEC’s downward revision of its 2024 demand growth forecast. This adjustment was influenced by...
Crude oil futures experienced volatility in reaction to a mix of economic concerns and rising geopolitical tensions. Weak US economic data, including poor job growth, have...
On Wednesday, oil prices pared recent losses due to rising tensions in the Middle East. The appointment of a new Gaza leader by Hamas has heightened...
Oil continued to climb, but could face some consolidation. The market reacted to the developments in the Middle East where risks of a broader conflict seem...
Oil giant Shell has announced for the first half of the year profits of £10.9 billion. In the three months to June Shell had a slowdown...
This Monday, crude oil prices have experienced a new drop, primarily driven by concerns about demand in China and a potential oversupply. Brent crude prices fell...
The oil and gas giant BP has posted $2.8 billion in the second quarter and has raised their dividend as a result of beating the expected...
Crude prices opened higher on Wednesday, after four sessions of losses, due to falling US crude inventories and supply risks from Canadian wildfires which led to...