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Oil prices surge on new US sanctions against Russia
2025/01/14

Oil prices surge on new US sanctions against Russia

Oil prices surged to a four-month high on Tuesday as Chinese and Indian buyers sought alternative suppliers following the latest round of stringent US sanctions...

Oil prices decline further
2025/01/09

Oil prices decline further

Oil prices extended losses on Thursday, following a decline the previous day. This downturn was primarily attributed to a significant surge in U.S. fuel inventories...

Oil prices edge up, Brent crude at $74.69
2025/01/01

Oil prices edge up, Brent crude at $74.69

Oil prices edged higher Tuesdau but are poised to close out their second consecutive year of decline. This decline is attributed to a slowdown in...

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...

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...

Oil prices plunge on demand concerns, Israeli threat
2024/10/15

Oil prices plunge on demand concerns, Israeli threat

Oil prices took a dramatic dive in early Asian trading on Tuesday, with Brent crude futures plummeting by $2.11 to $75.35 per barrel and US...