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Brent crude falls below $66 on China data, OPEC+ output plans

- Oil markets under pressure from trade tensions, ahead of US jobs data

10:19 Oil

Oil prices end week higher on Ukraine-Russia tensions, falling US inventories, and trade hopes

- Oil posts strong weekly gain as geopolitical risk rises, inventories fall, and rate cut hopes lift sentiment

06.06.2025 Oil

Brent crude dips slightly on demand worries, geopolitical uncertainty

- Oil prices see limited movement as weak economic data from the US and China weigh on demand outlook, while geopolitical tensions keep markets on edge

06.06.2025 Oil

Oil prices edge higher amid Fed policy uncertainty, trade talks in focus

- Market sentiment is buoyed by rising expectations that Fed can deliver its first rate cut as early as July

05.06.2025 Oil

Oil slips on trade uncertainty, OPEC+ output hike

- US President Trump's signs executive order doubling tariffs on steel and aluminum imports to 50%, reigniting concerns over global economic growth

04.06.2025 Oil

Oil rises as Ukraine strikes Russian bases ahead of Istanbul peace talks

- Prospect of new US sanctions against Russia is deepening supply concerns and pushing oil prices higher

02.06.2025 Oil

US oil rig count down by 4 for week ending May 30

- Number of US oil rigs fall by 35 compared to one year ago

31.05.2025 Oil

Oil prices set for weekly drop with possibility of OPEC+ output hike

- Eight-member coalition of OPEC+ group—including Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman— are set to meet on Saturday

30.05.2025 Oil

Oil prices rise on higher US demand, OPEC+ and tariff risks weigh on outlook

- US commercial crude oil inventories fall by about 2.8 million barrels to 440.4 million barrels, against market expectation of a 1 million barrel increase

30.05.2025 Oil

Oil prices up as US court blocks Trump tariffs

- Markets remain focused on possibility of new sanctions against Russian oil, and upcoming OPEC+ output decision

29.05.2025 Oil

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Oil prices fall as market awaits OPEC+ meeting

- OPEC+ members are expected to discuss possible production hike for July

28.05.2025 Oil

Oil prices slip ahead of OPEC+ meeting amid oversupply concerns

- Oil prices edge lower as markets brace for potential supply boost from upcoming OPEC+ decision

27.05.2025 Oil

Oil prices rise as Trump delays EU tariff deadline, Russia-Ukraine conflict intensifies

- White House confirms Trump's decision to postpone imposition of 50% tariff on EU imports until July 9

26.05.2025 Oil

Oil prices head for weekly decline amid OPEC+ output speculation, Iran nuclear talks

- Fifth round of US-Iran nuclear talks is taking place today in Rome, with Oman acting as mediator

23.05.2025 Oil

Oil prices slip as OPEC+ considers supply boost, US-Iran talks loom

- OPEC+ group is expected to consider an output hike at its June 1 meeting

23.05.2025 Oil

Oil prices slip on upcoming US-Iran negotiations, rising US crude stockpiles

- Fifth round of Iran-US talks over Tehran's nuclear program set to take place in Rome on Friday

22.05.2025 Oil

Oil edges higher amid reports of potential Israeli strike on Iran's nuclear facilities

- Intelligence reports of possible Israeli strike on Iranian nuclear sites raises fear of supply disruptions despite ongoing US-Iran nuclear negotiations

21.05.2025 Oil