Oil market news
Oil Heads for 2nd Weekly Loss on Lingering Oversupply Concerns
Oil prices dipped on Wednesday amid a wider slump in financial markets and a strong U.S. dollar, while investors assessed the supply...
Oil prices fell over 1% on Tuesday as OPEC+'s decision to pause output hikes in the first quarter next year along with weak manufacturing data...
Oil prices climbed on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, which eased rising fears of a...
Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger U.S. dollar and weak China data capped gains while...
Oil prices eased on Thursday despite U.S. President Donald Trump saying he would lower tariffs on China after a meeting with...
Oil prices rose on Wednesday thanks to a decline in U.S. crude inventories and optimism over a meeting between the leaders of the U.S. and China,...
Oil prices fell on Tuesday, marking their third day of declines as an OPEC+ plan to raise output outweighed optimism about a potential U.S.-China...
Oil prices rose on Monday after U.S. and Chinese economic officials sketched out a trade-deal framework, easing fears that tariffs and export...
Oil prices were little changed on Friday, stabilising after the previous day's surge and remaining on track for a weekly gain as fresh U.S....
Oil prices rose by more than 4% on Thursday, extending gains from the previous session, after the U.S. imposed sanctions on major Russian...
Oil prices pushed higher for a second day on Wednesday, rising by about 2%, buoyed by sanctions-related supply risks and hopes of a U.S.-China...
Oil prices declined for a second day on Tuesday as concerns about supply and risks to demand from the trade dispute between the U.S. and China, the...
Prompt Brent crude futures' discount to the six-month contract reached its deepest since December 2023 on Monday, reflecting a growing view...
Oil prices dipped on Monday, pressured by worries over a global glut as U.S.-China trade tensions added to concerns about an economic slowdown and...
Oil prices edged lower on Friday, heading for a weekly loss of around 3% after the IEA forecast a growing glut and U.S. President Donald Trump and...
Oil prices rose around 1% on Thursday after U.S. President Donald Trump said Indian Prime Minister Narendra Modi had pledged his country...
Oil prices fell on Wednesday, extending losses from the previous session, as investors weighed the International Energy Agency's warning of a...
Oil prices rose on Monday after hitting five-month lows in the previous session, as investors focused on potential talks between the presidents of...
Oil prices edged slightly lower on Thursday after Israel and the Palestinian militant group Hamas signed an agreement to cease fire...
Oil prices were steady on Tuesday as investors assessed a smaller-than-expected November output hike by OPEC+ against the backdrop of oversupply...
Oil prices rose more than 1% on Monday after OPEC+'s planned production increase for November was more modest than expected, tempering some...
Oil prices were stable on Friday but were still headed for a weekly loss of about 7-8% after news of potential increases to OPEC+...
Oil prices edged higher on Thursday following losses in the previous three sessions as concerns about more disruption to Russian crude exports lent...
Oil prices steadied on Wednesday after two days of declines as investors weighed OPEC+ plans for a larger output hike next month and the outcome of...
Oil prices slipped on Tuesday as investors braced for a supply surplus due to potential OPEC+ plans for a larger output hike next month and the...
Oil prices dropped on Monday after Iraq's Kurdistan region resumed crude oil exports via Turkey over the weekend, coupled with OPEC+ plans for...
Oil prices edged up on Friday, on track to rise at their steepest rate since early June as Ukraine's attacks on Russia's energy...
Oil prices edged down on Thursday, retreating from the previous session's seven-week high, as some investors took profits after U.S. stocks...
Oil prices were broadly stable on Wednesday as an industry report showed U.S. crude inventories declined last week, adding to a sense in the market...
Oil prices dropped on Friday as worries over fuel demand outweighed expectations that the year's first interest rate cut by the U.S. Federal...
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.