Oil prices steadied on Thursday after settling lower in the previous day, as signs of retreating fuel demand in the U.S., the world's biggest...
Oil prices extended gains on Wednesday after industry data showed a surprise drop in U.S. crude stocks last week, a positive sign for demand,...
Oil prices gained on Tuesday after stronger economic data out of Europe, as investors also weighed the potential fallout from any fresh U.S....
Oil prices fell by more than 1% on Monday, as the market focus switched to fundamentals after Israel and Iran played down the risk of an escalation...
Oil prices jumped on Friday as reports that Israel had attacked Iran roiled markets and sparked concerns that Middle East oil supply could be...
Oil prices were little changed after a 3% drop in the previous session as the market remains concerned about demand this year and on signs that a...
Oil prices slipped for the third straight session on Wednesday as likely higher U.S. commercial inventories weighed, while weaker economic data...
Oil edged lower on Tuesday as easing concern about supply risks and a rapidly escalating conflict after Iran's weekend attack on Israel offset...
Oil prices fell on Monday as market participants dialled back risk premiums following Iran's weekend attack on Israel that the Israeli...
Oil prices slipped on Thursday as persistent inflation dampened rate cut optimism but stayed near six-month highs as investors braced for a...
Oil prices rose on Wednesday after two straight days of losses, as the deadlock in Gaza ceasefire talks renewed uncertainty about the security of...
Oil prices rose on Tuesday after hopes diminished that negotiations between Israel and Hamas would lead to a ceasefire in Gaza amid concerns the...
U.S. crude oil prices last week climbed to their highest this year, but a weak natural gas market, steeper costs and a focus on shareholder returns...
Oil prices slid more than $1 a barrel on Monday, with Brent falling below $90, as Middle East tensions eased after Israel withdrew more soldiers...
Oil prices extended gains on Friday and headed for a second weekly gain, supported by geopolitical tensions in Europe and the Middle East, concerns...
Oil prices rose on Thursday on concerns of lower supply as major producers are keeping output cuts in place and on signs of stronger economic...
Oil prices were stable on Wednesday, as investors mulled supply risks stemming from ongoing Ukrainian attacks on Russian refineries and the...
An OPEC+ ministerial panel is unlikely to recommend any oil output policy changes at a meeting later on Wednesday, three OPEC+ sources told...
Global oil benchmark Brent rose above $88 a barrel for the first time since October on Tuesday as oil supplies faced fresh threats with more...
Oil prices added to recent gains on Monday amid expectations of tighter supply from OPEC+ cuts and attacks on Russian refineries while upbeat...
Oil prices edged up on Thursday, following two consecutive sessions of decline, as investors reassessed the latest data on U.S. crude oil and...
Oil prices fell for a second day, dropping more than 1% on Wednesday on surging U.S. stockpiles and signs that the OPEC+ producer group is unlikely...
Oil prices were little changed on Tuesday as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian...
OPEC+ is unlikely to make any oil output policy changes until a full ministerial gathering in June, three OPEC+ sources told Reuters ahead of next...
Oil prices rose more than 1% on Monday as hostilities intensified between Russia and Ukraine and in the Middle East. Brent crude futures...
Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a...
Oil prices rebounded on Thursday as U.S. crude and gasoline stock drawdowns lent support despite signs that the U.S. Federal Reserve may keep...
U.S. crude oil stockpiles fell unexpectedly last week as exports rose and refiners continued to increase activity, while gasoline inventories...
India's import of Russian oil edged up in February over January, reversing declines seen in the past two months, data from industry sources...
Oil prices edged lower on Wednesday, as a stronger dollar curbed investor appetite while traders took some money off the table after benchmarks...
Oil prices were largely steady on Tuesday near four-month highs after breaking above range-bound trading last week, but the prospect of rising...
Oil prices ticked up in Asian trade on Monday, extending gains from last week of nearly 4% on the view that supply was tightening, with the risks...
Oil prices rose on Thursday as investors digested the International Energy Agency's (IEA) latest oil market report - in which it predicts a...
The International Energy Agency on Thursday raised its view on 2024 oil demand growth for a fourth time since November as Houthi attacks disrupt...
Oil rose on Wednesday, supported by potential supply disruption after Ukrainian attacks on Russian refineries, signs of strong demand and hopes...
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.
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.