Thursday 26 Dec

crude

Oil prices stabilize after decline amid concerns over Panama Canal
2024/12/24

Oil prices stabilize after decline amid concerns over Panama Canal

Oil prices stabilized this week after a period of decline, as traders assessed the potential impact of President-elect's plans to reassess U.S. control over the...

Oil prices rise; Brent crude $74.02 per barrel
2024/12/19

Oil prices rise; Brent crude $74.02 per barrel

Oil prices climbed on Wednesday, buoyed by a decline in U.S. crude stockpiles and investor anticipation of a potential Federal Reserve interest rate cut. This...

Gulf oil prices surge amid ME supply shortages
2024/12/18

Gulf oil prices surge amid ME supply shortages

Middle Eastern oil markets are witnessing a decline in supply amid the UAE's intention to reduce its crude oil sales and the stumbling of Iranian...

UAE reduces fuel prices for December 2024
2024/12/01

UAE reduces fuel prices for December 2024

The committee overseeing gasoline and diesel prices in the United Arab Emirates has approved a reduction in fuel prices for the month of December 2024....

Bloomberg exposes secret Iranian oil shipping network to China
2024/11/23

Bloomberg exposes secret Iranian oil shipping network to China

A clandestine fleet of aging vessels has emerged as a key player in the global oil trade, approximately 40 miles east of the Malaysian peninsula....

Brent crude climbs above $71 as oil prices rise slightly
2024/11/18

Brent crude climbs above $71 as oil prices rise slightly

Oil prices edged higher on Monday, but geopolitical tensions and weakening demand continue to tug the market in opposite directions. While escalating tensions between Russia...

Oil prices decline following China's disappointing stimulus plan
2024/11/11

Oil prices decline following China's disappointing stimulus plan

Oil prices dipped on Monday after China announced a stimulus package that fell short of expectations.

Weak China demand weighs on oil prices
2024/11/09

Weak China demand weighs on oil prices

Oil prices dipped this week as investors grappled with uncertainty following the U.S. presidential election. While China's recent stimulus measures failed to significantly boost market...