West Texas Intermediate

Oil surges amid warnings of supply shortages

Oil prices climbed 6% on Thursday after the International Energy Agency (IEA) said three million barrels a day (bpd) of…

4 years ago

Oil firms amid supply worries, but heads for sharp weekly decline

Oil prices rose on Friday but were on track for their biggest weekly declines since November after see-sawing on fears…

4 years ago

Oil falls towards $125 as investors weigh U.S. import ban

Oil slipped towards $125 a barrel in volatile trading on Wednesday as investors assessed the U.S. ban of Russian oil…

4 years ago

Oil rises above $105 after Russia attacks Ukraine

Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014, after Russia's…

4 years ago

Oil rises on elevated geopolitical risks in Europe and Middle East

Oil prices rose on Monday on worries about supply disruption amid concerns about Russia-Ukraine discord and rising tensions in the…

4 years ago

Oil prices steady ahead of OPEC+ meeting

Oil prices were largely steady on Tuesday as investors expected major producers to agree to stick to their planned output…

4 years ago

Barclays raises 2022 oil price view on faster inventory drawdown

Barclays raised its 2022 oil price forecasts on Tuesday as it expects a faster-than-expected inventory drawdown and cautious supply response…

4 years ago

Oil rises on declining inventories and weaker dollar

Oil prices edged higher on Thursday, supported by a sharp decline in U.S. crude stocks and a weaker dollar, though…

4 years ago

Oil jumps 3% on weaker dollar after seven days of losses

Oil prices jumped 3% on Monday, recovering from a seven-day losing streak, with gains driven by a weaker dollar despite…

4 years ago

Oil rises on Mideast tensions but virus concerns weigh

Oil prices rose towards $71 a barrel on Thursday on rising Middle East tensions, while fresh movement restrictions imposed by…

4 years ago