oil prices

Oil prices surged on Tuesday, April 2nd, 2024, driven by concerns over potential supply disruptions in Russia and the Middle East. The benchmark Brent crude futures contract reached its highest …

Oil prices edged higher on Wednesday, April 3rd, 2024, on concerns about tighter global crude supplies. A larger-than-expected decline in U.S. crude oil inventories and ongoing geopolitical tensions in the …

Oil prices sink for the second day in a row as a stronger dollar and a surprising rise in US stockpiles put downward pressure on the market.

The US is refilling its Strategic Petroleum Reserve (SPR) after a record sale in 2022. The government aims to rebuild the stockpile while considering current oil market prices.

OPEC+ members agreed to extend their voluntary oil output cuts into the second quarter of 2024, boosting oil prices and signaling confidence in the global economic recovery. The decision, announced …

The ongoing war in Gaza and the prospect of a US interest rate cut have pushed oil prices higher, with Brent crude trading above $83 per barrel on Thursday. The …

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to maintain their voluntary oil output cuts for another six months, boosting oil prices and tightening the global …

The global oil market has seen a significant change in the past year, as Brent crude oil, the most widely used benchmark for oil prices, has incorporated U.S. WTI Midland …

The global oil market is tightening as shipping delays and OPEC+ cuts reduce the availability of crude in Europe and Africa, boosting futures prices. Rising demand and geopolitical risks The …

Oil prices remained steady on Monday, as the impact of rising geopolitical tensions in the Middle East was offset by signs of weakening demand in the global market. The conflict …