Oil market news


Oil Prices Climb 3% as Market awaits US-Iran Talks

Oil Prices Climb 3% as Market awaits US-Iran Talks

Oil prices surged about 3% on Wednesday after a media report suggested planned talks between the United States and Iran on Friday could collapse. Brent futures settled $2.13, or 3.16%, higher at $69.46 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $1.93, or 3.05%, to $65.14.


January 30, 2026
Oil Holds near 6-mth High, Investors Track US-Iran Tensions
Oil Holds near 6-mth High, Investors Track US-Iran Tensions

Oil prices consolidated their recent gains and held near six- month highs on Friday, supported by concerns over the tensions between Iran and the...

January 29, 2026
Brent Crude nears Six-Month High on Iran Attack Concerns
Brent Crude nears Six-Month High on Iran Attack Concerns

Brent oil futures prices jumped on Thursday, hitting a near ​six-month high on rising concerns about a possible U.S. military attack on Iran,...

January 28, 2026
Oil Hovers around 4-mth High, Buoyed by Weak USD and Outages
Oil Hovers around 4-mth High, Buoyed by Weak USD and Outages

Oil prices hit their highest since late ​September on Wednesday after a winter storm disrupted U.S. crude output while a weak U.S. dollar ‌and...

January 27, 2026
Oil Climbs, Winter Storm Hits Production and Refineries in U.S.
Oil Climbs, Winter Storm Hits Production and Refineries in U.S.

Oil prices edged up on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast, but the ​rise was...

January 26, 2026
Oil Prices Rise as Harsh Winter Disrupts US Output
Oil Prices Rise as Harsh Winter Disrupts US Output

Oil prices edged higher on Monday after climbing more than 2% in the previous session, as output disruptions in major U.S. crude-producing regions...

January 23, 2026
Oil Rebounds after Trump Comments on 'Armada' Moving to Iran Stoke Supply Worries
Oil Rebounds after Trump Comments on 'Armada' Moving to Iran Stoke Supply Worries

Oil prices rebounded on Friday after U.S. President Donald Trump renewed threats against major Middle Eastern producer Iran, raising concerns of...

January 22, 2026
Oil Slips as Investors Assess Supply Outlook, US Stock Build
Oil Slips as Investors Assess Supply Outlook, US Stock Build

Oil prices slipped on Thursday after gaining in previous sessions, as investors assessed the supply and demand outlook, while a report showing a...

January 20, 2026
Oil Edges Up as Investors Assess US Tariff Threats, Weaker Dollar
Oil Edges Up as Investors Assess US Tariff Threats, Weaker Dollar

Oil prices were slightly ‌higher on Tuesday as investors monitored U.S. President Donald Trump's tariff threats against European...

January 19, 2026
Oil Down as Easing Iran Unrest Dampens Geopolitical Risk Premium
Oil Down as Easing Iran Unrest Dampens Geopolitical Risk Premium

Oil prices fell 1% on Monday, reversing the previous session's gains, as civil unrest in Iran subsided, lowering the chance of a U.S. attack...

January 16, 2026
Oil Prices Rise 1% as Supply Risks Remain in Focus
Oil Prices Rise 1% as Supply Risks Remain in Focus

Oil prices rose over 1% on Friday as supply risks remained in focus despite the receding likelihood of a U.S. military strike against...

January 14, 2026
Russian Oil Output Edges Down 0.7% in 2025, OPEC Data
Russian Oil Output Edges Down 0.7% in 2025, OPEC Data

Russian oil production dipped around 0.7% last year to 9.129 million barrels per day, OPEC monthly data showed on Wednesday. Russia has...

January 13, 2026
WTI Discount to Brent Largest in 8ht mths, more Venezuelan Crude Expected in US
WTI Discount to Brent Largest in 8ht mths, more Venezuelan Crude Expected in US

The discount on U.S. crude futures to the global benchmark Brent has grown by around $1 per ​barrel since the U.S. ousted Venezuelan President...

Oil Prices Surge on Possible Iranian Supply Disruption
Oil Prices Surge on Possible Iranian Supply Disruption

Oil prices extended gains on Tuesday as heightened concerns surrounding major producer Iran and potential supply disruptions overshadowed the...

January 12, 2026
Oil Dips as Investors Assess Iran Supply, Venezuelan Export Resumption
Oil Dips as Investors Assess Iran Supply, Venezuelan Export Resumption

Oil prices dipped on Monday, after Iran said it had "total control" following weekend violence, easing some concerns over supply from the...

January 9, 2026
Oil Gains as Market Assesses Protests in Iran, Dealmaking for Venezuela
Oil Gains as Market Assesses Protests in Iran, Dealmaking for Venezuela

Oil prices rose on Friday on concerns about potential disruption to Iran's output and uncertainty about supply from Venezuela. Brent...

January 7, 2026
US-Venezuela Oil Deal Angers China, Pushes Prices Down
US-Venezuela Oil Deal Angers China, Pushes Prices Down

Global oil prices fell on Wednesday and China denounced the U.S. as a bully after President Donald Trump's administration...

January 6, 2026
Oil Prices Firm, Investors Weigh Supply Outlook and Venezuelan Uncertainties
Oil Prices Firm, Investors Weigh Supply Outlook and Venezuelan Uncertainties

Oil prices edged slightly higher on Tuesday as the market weighed expectations of ample global supply this year against uncertainty around...

January 5, 2026
Oil Slips as Ample Supplies Counter Upheaval in Venezuela
Oil Slips as Ample Supplies Counter Upheaval in Venezuela

Oil prices fell on Monday as adequate global supplies offset concerns about supply disruptions due to the U.S. capture of Venezuelan President...

January 2, 2026
Oil Edges Higher after Biggest Annual Loss since 2020
Oil Edges Higher after Biggest Annual Loss since 2020

Oil prices were marginally higher on the first day of trade in 2026 after registering their biggest annual loss since 2020 as Ukrainian drones...

December 31, 2025
Oil Set for Biggest Annual Drop since 2020
Oil Set for Biggest Annual Drop since 2020

Oil prices were little changed on Wednesday and are set to fall more than 15% over the course of 2025, as oversupply concerns grew in a year marked...

December 30, 2025
Oil Prices Stable as Investors Seek Clarity on Russia-Ukraine Talks
Oil Prices Stable as Investors Seek Clarity on Russia-Ukraine Talks

Oil prices were little changed on Tuesday as investors took stock of dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions...

December 29, 2025
Oil Rises, Investors Weigh Outcome of Trump–Zelenskiy Meeting
Oil Rises, Investors Weigh Outcome of Trump–Zelenskiy Meeting

Oil prices rose on Monday as investors weighed the outcome of talks between the U.S. and Ukrainian presidents on a potential deal to end...

December 26, 2025
Oil Price Steady as Market Mulls Potential Supply Risks
Oil Price Steady as Market Mulls Potential Supply Risks

Oil prices were stable on Friday as investors weighed potential supply risks from developing geopolitical tensions in a thinly-attended...

December 25, 2025
Oil Marginally Lower as Investors Weigh US Data, Geopolitical Tensions
Oil Marginally Lower as Investors Weigh US Data, Geopolitical Tensions

Oil settled marginally lower on Wednesday, and prices were on course for their steepest annual decline since 2020 as investors weighed U.S....

December 24, 2025
Oil Rises for Sixth Session on US Data, Geopolitical Tension
Oil Rises for Sixth Session on US Data, Geopolitical Tension

Oil prices rose slightly for a sixth day on Wednesday, supported by robust U.S. economic growth and the risk of supply disruptions from Venezuela...

December 23, 2025
Oil Steadies as Market Weighs Geopolitical Risks against Bearish Fundamentals
Oil Steadies as Market Weighs Geopolitical Risks against Bearish Fundamentals

Oil prices were little changed on Tuesday as potential sales of Venezuelan crude seized by the United States were countered by heightened supply...

December 22, 2025
Oil Rises as US Ramps Up Action Against Venezuela Tankers
Oil Rises as US Ramps Up Action Against Venezuela Tankers

Oil prices rose on Monday after officials said the U.S. had intercepted an oil tanker in international waters off the coast of Venezuela, raising...

December 17, 2025
Oil Jumps 2%, Trump's Venezuela Blockade Stokes Uncertainty
Oil Jumps 2%, Trump's Venezuela Blockade Stokes Uncertainty

Oil prices rallied more than 2% on Wednesday after U.S. President Donald Trump ordered a complete blockade of all sanctioned oil tankers...

December 16, 2025
Oil Slips on Russia-Ukraine Peace Deal Talks, Weak China Data
Oil Slips on Russia-Ukraine Peace Deal Talks, Weak China Data

Oil prices fell on Tuesday, adding to the previous session's losses, as prospects for a Russia-Ukraine peace deal appeared to strengthen,...

December 15, 2025
Oil Rises, Venezuelan Supply Disruptions Outweigh Surplus Concerns
Oil Rises, Venezuelan Supply Disruptions Outweigh Surplus Concerns

Oil prices climbed on Monday as supply disruptions linked to escalating U.S.-Venezuela tensions outweighed oversupply worries and the impact of a...

Oil prices as a factor of influence on the world financial markets

Oil plays an important role on the world markets. Traders and investors know that oil quotes have a major impact on the world economy because of their change can cause a strong growth or, conversely, become a reason of reduction in price of assets in the currency and stock markets. The dynamics of crude quotes is determined to a greater extent, by the economic situation in the United States of America. To predict effectively changes in trading on the stock markets, it is necessary to monitor all developments on the oil market.

Analyse the impact of oil prices on the financial markets

The world oil market is one of the most volatile that makes it even more attractive to investors and giving them an convenient method of investments with low risk. There are plenty of factors which have influence on the oil prices: political events, financial reports and even the weather changes. A timely analysis of all the actual news of the oil market is the key to successful trading.

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