West Texas Intermediate

Middle East Tensions Roil Global Markets as Oil Prices Surge

The sudden escalation of conflict in the Middle East sent shockwaves across global markets. Oil prices surged by almost $5…

2 years ago

Oil rises as Saudi comments outweigh recession concerns

Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take further…

3 years ago

Oil prices edge down, recession fears back in focus

Oil prices fell on Friday amid recession fears and a stronger U.S. dollar, though losses were capped by supply concerns…

3 years ago

Oil falls more than 1.5% on demand fears and strong dollar

Oil fell by more than 1.5% on Monday, pressured by expectations of weaker global demand and by U.S. dollar strength…

3 years ago

Oil rises on prospect of OPEC+ supply cut

Oil rose on Monday, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset…

3 years ago

Oil stays near multi-month lows on demand worries

Oil prices inched up from multi-month lows on Monday as lingering worries about demand weakening on the back of a…

3 years ago

Oil drops as weak Chinese factory data heightens demand concerns

Oil prices dropped on Monday as weak manufacturing data from China and Japan weighed on the demand outlook while investors…

3 years ago

Oil prices pushed up by low chances of OPEC+ supply boost

Oil prices rose in European trading on Friday as attention turned to next week's OPEC+ meeting and expectations that it…

3 years ago

Oil rises in volatile trade, Fed hike weighs

Oil prices rose on Monday in seesaw trading as the market balanced supply fears with expectations that rise in U.S.…

3 years ago

Oil prices rise on tight supplies, stable demand

Oil prices rose on Tuesday, recovering some of the previous session's losses as Kazakhstan's supplies continued to be disrupted and…

4 years ago