News

Oil prices were steady at the close of a volatile trading session on Wednesday, after falling earlier on the back of data that raised concerns about U ...
Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...
Front Month ICE Brent Crude for Sept. delivery gained $2.06 per barrel, or 3.02% to $70.36 this week --Largest one week net and percentage gain since the week ending June 20, 2025 --Largest two week ...
Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.
Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...
The European Commission has suggested a floating price cap on Russian oil, targeting 15% below the average market price over ...
The West Texas Intermediate for August delivery gained 1.88 U.S. dollars, or 2.82 percent, to settle at 68.45 dollars a barrel on the New York Mercantile Exchange. Brent crude for September delivery ...
It’s a possible sign that President Donald Trump’s wave of tariff letters is again raising concern among investors.
Oil futures extended gains and were on track to end the week higher on strong seasonal demand and lingering geopolitical risk premium around the Middle East.
Supermarkets such as Tesco and Asda passed on the smallest increases to customers, while a strong pound helped stabilise prices slightly, preventing sharper rises. Looking ahead to July, the outlook ...
BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...