Oil market news
Oil Prices Steady as Market Weighs Tariff Threats and US Stocks Build
Oil prices took a breather in Asian trade on Wednesday after the previous session's spike of more than 3%, as investors awaited developments...
Oil prices were steady on Tuesday amid uncertainty about the global economic outlook following the U.S.-EU trade deal, and as investors awaited the...
Oil prices rose on Monday as investors assessed a trade deal between the United States and the European Union that averted 30% tariffs on...
Oil prices eased to a three-week low on Friday on negative economic news from the United States and China and signs of growing supply despite...
Oil prices rose on Friday as trade talk optimism supported the outlook for both the global economy and oil demand, outweighing news of the...
Oil prices rose on Thursday, buoyed by optimism over U.S. trade negotiations that would ease pressure on the global economy and a...
Oil prices declined on Tuesday amid concerns the brewing trade war between major crude consumers the U.S. and the European Union will curb fuel...
Oil prices dipped slightly on Monday, with the latest European sanctions on Russian oil expected to have minimal impact on supplies while U.S....
Oil prices extended gains on Friday, underpinned by supply concerns following drone attacks on northern Iraqi oilfields and tight market...
Oil prices rose on Thursday, even as global trade tensions appeared to cool, with analysts pointing to low inventories and renewed Middle East...
Oil prices dropped about 1% on Tuesday after U.S. President Donald Trump's 50-day deadline for Russia to end the war in...
Oil prices nudged higher on Monday, adding to gains of more than 2% from Friday, as investors eyed further U.S. sanctions on Russia that may affect...
Oil prices edged up on Friday, as investors weighed a tight prompt market against a potential large surplus this year, according to the...
Oil prices were steady on Thursday as investors weighed the potential impact of U.S. President Donald Trump's tariffs on global...
Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea,...
Oil prices retreated on Tuesday, having climbed almost 2% in the previous session, as investors assessed the latest developments on...
Oil prices fell slightly on Thursday as investors worried that U.S. tariffs could slow energy demand ahead of an expected supply boost by...
Oil prices fell on Thursday after gaining 3% in the previous session as investors are wary higher U.S. tariffs may be reinstated, which could cause...
Oil futures were little changed on Wednesday as markets weighed expectations from more supply from major producers next month, a softer U.S. dollar...
U.S. crude oil production hit a record 13.47 million barrels-per-day in April, up from 13.45 million bpd in March, according to data released by...
Oil prices headed for their steepest weekly decline since March 2023 on Friday, as the absence of significant supply disruption from...
Oil prices inched higher on Thursday, extending gains from the previous day as a larger-than-expected draw in U.S. crude stocks signalled firm...
U.S. crude oil and fuel inventories fell last week as refining activity and demand rose, the Energy Information Administration (EIA) said on...
Oil prices climbed on Wednesday as investors assessed the stability of a ceasefire between Iran and Israel, while support also came from...
Oil prices hit their lowest in two weeks on Tuesday after Israel agreed to U.S. President Donald Trump's proposal for a ceasefire with Iran,...
Oil prices jumped on Monday to their highest since January as the United States' weekend move to join Israel in attacking Iran's nuclear...
Stock markets ticked higher on Friday while oil skirted close to its biggest daily drop since April after President Donald Trump pushed back a...
Oil prices surged on Thursday after Israel said it attacked Iranian nuclear sites in Natanz and Arak overnight and as investors grappled...
Oil prices eased in Asian trade on Wednesday, after a gain of 4% from the previous session, as markets weighed the chance of supply disruptions...
Oil prices rose on Tuesday, with analysts saying that uncertainty would keep prices elevated, even as there were no concrete signs of any...
Oil prices edged down on Monday, paring back Friday's 7% surge, as renewed military strikes by Israel and Iran over the weekend left oil...
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.