oil prices

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 …

Oil markets shrugged off the announcement by OPEC+ that it will extend its voluntary oil production cuts for another three months, starting in April 2024. Analysts widely expected the decision …

The Middle East is witnessing a surge of violence and instability, as a missile strike on a fuel tanker in the Red Sea and an attack on U.S. troops in …

The world’s oil supply is under pressure from multiple factors, including geopolitical tensions, extreme weather, and production outages. This has pushed oil prices to their highest levels in months, with …

Geopolitical risks driving up oil prices could potentially position the energy sector for a comeback after lagging behind the rest of the US stock market for months. The S&P 500 …

Oil prices rose on Tuesday as the Middle East crisis and a Libyan supply outage reduced the previous day’s heavy losses. Brent crude futures were up $1.07, or 1.41%, at …

Oil prices dipped as the world’s top oil exporter, Saudi Arabia, cut its official selling prices for February and the Organization of the Petroleum Exporting Countries (OPEC) increased its production …

Oil prices climbed higher on Thursday, extending the previous day’s sharp gains, as the Middle East faced multiple crises that threatened to disrupt the region’s oil supply. A series of …

Oil prices jumped 1% on Tuesday, starting the New Year higher as a Red Sea naval clash focused attention on potential Middle East supply disruptions and expectations of Chinese economic …

The price of oil has risen over 1% in Asian trade on Monday, supported by lower exports from Russia and as attacks by the Houthi rebels on ships in the …