WTI

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

Lost Russian oil revenue is bonanza for shippers, refiners

Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and…

3 years ago

Oil prices slip ahead of U.S. inventory data

Oil prices fell more than $1 a barrel on Wednesday, under pressure from global central bank efforts to limit inflation…

3 years ago

European shares rise, dollar slips as market selloff pauses

European shares opened higher on Tuesday, recovering slightly from last week's 17-month lows as the selloff paused, but major central…

3 years ago

Oil rebounds as supply concerns dominate

Oil prices rebounded on Wednesday as a drop in U.S. oil inventories and concerns over tighter supplies from Russia and…

4 years ago

Oil edges lower as U.S. pushes OPEC to pump more

Oil slipped on Tuesday as OPEC and allies geared up for a meeting on Wednesday amid calls from the United…

4 years ago

Oil firms but still set for weekly loss on demand worries

Oil prices edged higher on Friday but remained on track for their biggest weekly decline since March on concerns over…

4 years ago

Tech leads way to Wall Street rebound as Powell promises steady hand

Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Powell vowed not to raise rates too quickly as the dollar…

4 years ago

Oil prices firm on summer demand as Iran talks drag

Oil prices edged higher on Monday, underpinned by strong demand during the northern hemisphere summer driving season and a pause…

4 years ago