Oil market news


Oil Soars more than 6% after Israel's Strike on Iran Alarms Market

Oil Soars more than 6% after Israel's Strike on Iran Alarms Market

Oil prices jumped more than $4 a barrel on Friday, hitting their highest price in almost five months after Israel struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil supplies. Brent crude futures jumped $4.60, or 6.63%, to $73.96 a barrel ...


June 12, 2025
Oil Prices Ease as Market Assesses Middle East Tension
Oil Prices Ease as Market Assesses Middle East Tension

Oil prices eased on Thursday, reversing gains made earlier in the Asian trading session, as market participants assessed a U.S. decision to move...

June 11, 2025
Oil Gains While Markets Assess US-China Trade Talks Outcome
Oil Gains While Markets Assess US-China Trade Talks Outcome

Oil prices softened on Wednesday as markets assessed the outcome of U.S.-China trade talks, yet to be reviewed by President Donald Trump, with weak...

June 10, 2025
Oil Rises on Optimism about US-China Talks Easing Trade Tensions
Oil Rises on Optimism about US-China Talks Easing Trade Tensions

Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China trade talks and as Saudi Arabia's crude supply to China is set to...

June 9, 2025
Oil Prices Steady ahead of US-China Trade Talks
Oil Prices Steady ahead of US-China Trade Talks

Oil prices were stable on Monday as investors awaited U.S.-China trade talks in London in the hope that a deal could boost the global economic...

June 6, 2025
HSBC Flags Downside Risks to Brent Price Outlook Due to OPEC+ Supply Hikes
HSBC Flags Downside Risks to Brent Price Outlook Due to OPEC+ Supply Hikes

HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's $65 per barrel...

Oil Prices Headed for Rebound this Week as US-China Trade Talks Resume
Oil Prices Headed for Rebound this Week as US-China Trade Talks Resume

Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President Donald Trump and Chinese...

June 5, 2025
Oil Rises 1% as China, U.S. Teams to Meet Following Trump, Xi Trade Call
Oil Rises 1% as China, U.S. Teams to Meet Following Trump, Xi Trade Call

Oil prices rose 1% on Thursday, rebounding from the previous day's drop as traders responded to news that U.S. and Chinese teams will meet...

June 4, 2025
Oil Steady as OPEC+ Hikes Output While Wildfires Curb Canadian Supply
Oil Steady as OPEC+ Hikes Output While Wildfires Curb Canadian Supply

Oil prices held steady on Wednesday amid global trade tensions and as ongoing OPEC+ output increases were offset by a hit to Canadian supply from...

June 2, 2025
Oil Leaps 4% after OPEC+ Keeps Output Increase Unchanged
Oil Leaps 4% after OPEC+ Keeps Output Increase Unchanged

Oil prices jumped by about 4% on Monday after producer group OPEC+ kept output increases in July at the same level as the previous two...

Goldman Sachs sees OPEC+ Raising Oil Output by 0.41 mb/d in August
Goldman Sachs sees OPEC+ Raising Oil Output by 0.41 mb/d in August

Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day (mb/d) production increase in...

May 30, 2025
Oil Heads for Weekly Drop as OPEC+ may Discuss Larger Output Hike for July
Oil Heads for Weekly Drop as OPEC+ may Discuss Larger Output Hike for July

Oil prices were flat on Friday and heading for a second consecutive weekly loss, as investors weigh a potentially larger OPEC+ output hike for...

May 29, 2025
Oil Prices Advance as US Court Blocks Trump Tariffs
Oil Prices Advance as US Court Blocks Trump Tariffs

Oil prices rose on Thursday after a U.S. court blocked most of President Donald Trump's tariffs, while the market was watching out for...

May 27, 2025
Oil Steady ahead of OPEC+ Meeting as Trade War Concerns Ease
Oil Steady ahead of OPEC+ Meeting as Trade War Concerns Ease

Oil prices were little changed on Tuesday as easing trade war concerns offset expectations OPEC+ will decide to increase output at a meeting later...

May 26, 2025
Oil Steadies after Trump Extends EU Trade Talks Deadline
Oil Steadies after Trump Extends EU Trade Talks Deadline

Oil prices traded around flat on Monday after U.S. President Donald Trump extended a deadline for trade talks with the European Union,...

May 23, 2025
Oil Heads to 1st Weekly Loss since April on OPEC+ Supply Hike Prospect
Oil Heads to 1st Weekly Loss since April on OPEC+ Supply Hike Prospect

Oil prices dropped for a fourth consecutive session on Friday and were set for their first weekly decline in three weeks, weighed down by renewed...

May 22, 2025
Oil Extends Decline on Surprise US Inventory Builds
Oil Extends Decline on Surprise US Inventory Builds

Oil prices fell for a third straight session on Thursday as unexpected increases in U.S. crude and fuel inventories raised concerns about demand...

May 21, 2025
Oil Gains as Reports Israel may Attack Iran Raise Supply Worries
Oil Gains as Reports Israel may Attack Iran Raise Supply Worries

Oil prices gained more than 1% on Wednesday after reports of Israel preparing a strike on Iranian nuclear facilities raised fears that a conflict...

May 20, 2025
Oil Slips as Markets Weigh Impact of US-Iran Talks, Demand
Oil Slips as Markets Weigh Impact of US-Iran Talks, Demand

Oil prices slipped on Tuesday as traders weighed the impact on supply from Russia-Ukraine peace talks and US-Iran negotiations, strong front-month...

May 19, 2025
Oil Retreats as US and China Growth Concerns Weigh
Oil Retreats as US and China Growth Concerns Weigh

Oil slipped on Monday, weighed down by Moody's downgrade of the U.S. sovereign credit rating and official data that showed slowing...

May 16, 2025
Oil Heads for Weekly Gain, Remains under Supply Hike Pressure
Oil Heads for Weekly Gain, Remains under Supply Hike Pressure

Oil prices edged up on Friday, heading for a second consecutive weekly gain on easing U.S.-China trade tensions, although the optimism was somewhat...

May 15, 2025
Oil Dives on US-Iran Hopes as Stocks Surge Stalls
Oil Dives on US-Iran Hopes as Stocks Surge Stalls

Oil tumbled nearly 4% as a potential U.S.-Iran nuclear deal raised the prospect of increased global crude supply on Thursday, while stocks markets...

May 14, 2025
Oil Falls as Traders Note Jump in US Crude Stockpiles
Oil Falls as Traders Note Jump in US Crude Stockpiles

Oil prices fell on Wednesday as traders eyed a potential jump in U.S. crude inventories, while OPEC lowered its oil supply growth forecast for...

May 13, 2025
Oil Prices Rise as Market Weighs US-China Trade Developments
Oil Prices Rise as Market Weighs US-China Trade Developments

Oil prices rose on Tuesday but gains were capped by rising supplies and caution over whether the pause in the U.S.-China trade war will lead to a...

May 12, 2025
Oil Prices Jump more than 3% on US-China Tariff Reductions
Oil Prices Jump more than 3% on US-China Tariff Reductions

Oil prices rose more than 3% on Monday after the U.S. and China said they would ease some of their tariff measures, raising hopes of an end to the...

May 9, 2025
Oil Prices Gain ahead of Sino-US Trade Talks
Oil Prices Gain ahead of Sino-US Trade Talks

Oil prices were up on Friday, after rising about 3% in the previous session, as trade tensions between top oil consumers U.S. and China showed...

May 8, 2025
Oil Prices Rise on Support from US-China Trade Hopes
Oil Prices Rise on Support from US-China Trade Hopes

Oil prices rose over 1% on Thursday, buoyed by hopes of a breakthrough in looming trade talks between the United States and China, the...

May 7, 2025
Oil Rises, Market Eyes US-China Trade Talks, Lower US Output
Oil Rises, Market Eyes US-China Trade Talks, Lower US Output

Oil prices rose on Wednesday, holding slightly above recent four-year lows, as investors focused on U.S.-China trade talks and signs of lower U.S....

May 6, 2025
Oil Climbs nearly 3% as Price Drop Triggers Buying; Oversupply Worries Weigh
Oil Climbs nearly 3% as Price Drop Triggers Buying; Oversupply Worries Weigh

Oil gained more than $1.50 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by OPEC+ to boost output...

May 5, 2025
Oil Down 2% as OPEC+ Accelerates Output Hikes, Surplus Looms
Oil Down 2% as OPEC+ Accelerates Output Hikes, Surplus Looms

Oil prices fell more than 2% on Monday after OPEC+ decided over the weekend to further speed up oil output hikes, spurring concerns about more...

May 1, 2025
Oil Steady after Drop on US Economic Contraction, Possible Saudi Supply Rise
Oil Steady after Drop on US Economic Contraction, Possible Saudi Supply Rise

Oil prices steadied on Thursday a day after a steep decline triggered by signs that Saudi Arabia, the world's biggest crude exporter, may raise...

April 30, 2025
Oil Prices Down, Poised for Biggest Monthly Fall since 2021
Oil Prices Down, Poised for Biggest Monthly Fall since 2021

Oil prices extended declines on Wednesday and were set for their largest monthly drop in almost three and a half years as the global trade war...

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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