Oil prices steady with trade talks in focus
Oil prices were little changed on Wednesday as investors assessed trade developments between the European Union and the US after President Donald Trump reached a tariff deal with Japan.…
Tag
Oilprices
Oil prices little changed as investors eye impact of new sanctions on Russia
Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil supply, rising output from Middle East producers and concerns about fuel…
Oil prices up; strong demand outweighs surprisingly big Opec+ output hike
Oil prices rose nearly 2 per cent on Monday as signs of strong demand more than offset the impact of a higher-than-expected Opec+ output hike for August and fresh concerns about the…
Oil prices ease on US tariff uncertainty ahead of expected Opec+ output boost
Oil prices fell slightly on Thursday as investors worried that US tariffs could slow energy demand ahead of an expected supply boost by major crude producers. Brent crude futures settled…
Oil prices jump 3% as Iran suspends cooperation with UN nuclear watchdog
Oil prices rose 3 per cent on Wednesday as Iran suspended cooperation with the UN nuclear watchdog and the US and Vietnam reached a trade deal, but a surprise build in US crude supplies…
Oil prices up nearly 3% as Israel-Iran conflict escalates, US response remains uncertain
Oil prices jumped almost 3 per cent on Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential US involvement kept investors on edge. Brent crude…
Oil prices jumps 4% to 2-month high as tensions rise in Middle East
Oil prices rose more than 4 per cent on Wednesday, to their highest in more than two months, after sources said the US was preparing to evacuate its Iraqi embassy due to heightened…
Oil prices hold near 7-week high as market waits for news from US-China trade talks
Oil prices held near a seven-week high on Tuesday as the market awaited direction from trade talks between the US and China. Analysts have said a trade deal between the countries with the…
Oil prices hit multi-week highs amid US-China trade talks
Oil prices hit multi-week highs on Monday, buoyed by a weaker US dollar, while investors awaited news from US-China trade talks in London in hopes a deal could boost the global economic…
Oil prices fall on demand concerns in volatile session as US court blocks Trump tariffs
Oil prices fell on Thursday, retreating from earlier gains, after the International Energy Agency’s director warned of weaker demand in China, while the market also watched for potential…
Oil prices ease as US-Iran talks, Opec+ plans spur supply concerns
Oil prices settled 1 per cent lower on Tuesday as investors worried about a supply glut after Iranian and US delegations made progress in their talks and on expectations that Opec+ will…
Oil prices settle down on potential further increase in Opec+ output
Oil prices settled lower on Thursday as investors weighed a report that Opec+ is discussing a production increase for July, stoking concerns that global supply could outpace demand growth.…
Oil prices fall on news that US-Iran will hold nuclear talks
Oil prices settled lower on Wednesday, after Oman’s foreign minister said a fresh round of nuclear talks between Iran and the US would take place later this week. Prices had gained earlier…
Oil prices fall 2% to two-week low as trade war concerns dampen demand outlook
Oil prices fell about 2 per cent to a two-week low on Tuesday as investors braced for Opec+ to boost output and worried US President Donald Trump’s tariffs would hit the global economy and…