oil prices

Oil prices dip as weaker U.S. consumer sentiment and economic data weigh on the market, despite hopes for a Fed rate cut boosting optimism.

Oil prices retreated on Friday as a cocktail of economic indicators soured investor appetite. A decline in consumer confidence coupled with rising inflation pressures cast a pall over the market

Oil prices rose on Thursday due to a significant drop in U.S. crude and gasoline inventories, indicating robust demand and a tighter supply environment.

Oil prices rebound with U.S. crude stockpiles dropping and interest rate cut prospects improving, signaling potential economic growth and increased demand for oil.

Oil prices hold steady as investors monitor Storm Beryl’s potential impact on Texas oil production and refining operations, awaiting clearer indications.

Oil prices dipped on Friday as progress in ceasefire talks between Israel and Gaza outweighed concerns about potential supply disruptions. Strong summer demand and the path of Hurricane Beryl are …

Oil prices rebound after initial fears of Hurricane Beryl disrupting oil production in the Gulf of Mexico subsided. Updated forecasts show the storm will spare key oil fields. However, analysts …

Trading giants Trafigura and Gunvor have been on a buying spree in the Brent crude oil market, driving prices to their highest level since the benchmark’s methodology changed in 2023. …

Oil prices defied expectations on Thursday, climbing due to worries about potential disruptions to global crude supply caused by geopolitical tensions in the Middle East and Europe, even though U.S. …

Oil prices dropped for the third straight session due to a strong U.S. dollar and global economic concerns. Brent crude fell to $72.45 per barrel, while WTI crude dropped to …