Crude oil prices retreated from Monday's gains amid weak demand outlooks, following disappointing Chinese international trade data for November. ADVERTISEMENTCrude oil prices slid following disappointing…
Oil prices rose nearly 1% Thursday after Israel reported ceasefire breaches with Hezbollah, reigniting Middle East tensions. Brent hit $72.90 a barrel, recovering recent losses.…
After reaching a two-week high, crude oil prices fell back on Monday as investors rebalanced positions in major asset classes. However, bullish factors remain in…
The pledge from the United Arab Emirates (UAE) comes a year after it hosted the COP28 climate talks which ended with a call by nearly…
Crude prices plunged as Israel launched a limited retaliation attack on Iran, sparing its oil and nuclear facilities. China reported disappointing economic data, further weakening…
Amid recent sluggish Chinese economic data and uncertainty surrounding potential stimulus measures, oil markets have lost momentum, dragging energy stocks down in European markets. ADVERTISEMENTCrude…
Easing fears of a potential Israeli attack on Iran's oil facilities have sent both oil and global prices sharply lower on Tuesday. However, volatility is…
The oil markets may continue to rally due to fears of major production disruptions in the Middle East if the conflicts evolve into a wider…
Crude prices spiked due to concerns over a potential major production disruption following Iran's missile attack on Israel. Analysts believe oil prices could receive an…
Crude oil markets are facing downward pressure following the release of weak manufacturing and services data from major economies. Meanwhile, escalating conflicts in the Middle…
Crude prices slumped following weak economic data from the US and China, which dampened demand outlooks. Risk-averse sentiment continued to dominate global markets. ADVERTISEMENTCrude oil…
Crude oil and gold prices surged due to escalating tensions in the Middle East and the ongoing conflict between Ukraine and Russia. While increasing demand…
The price of US crude and Brent climbed on Wednesday as tensions in the Middle East weighed on the minds of investors. ADVERTISEMENTAt the time…
Crude oil prices rose to a two-month high amid optimistic demand outlooks and a decline in US stockpiles, sparking concerns of a resurgence in inflation.…
Crude prices are experiencing upward pressure ahead of the upcoming OPEC+ policy meeting. However, the long-term outlook for oil markets remains uncertain due to the…
European markets were all in the red on Tuesday afternoon as traders continued to monitor developments in the Middle East - and digest fresh economic…
In early trade on Tuesday 2 April, the FTSE 100 index in the UK broke through the 8,000 level, setting a new record at 8,015.60.…
CNOOC's Kaiping South discovery could lead to more investment in deep-water South China Sea exploration in the coming months. ADVERTISEMENTChina's third largest national oil and…
Diesel supplies to Europe are under pressure following disruptions at US refineries, aggravated by global instability. ADVERTISEMENTUS diesel exports to Europe almost halved in February…