Oil ETFs Rise as Investors Hedge Crude Futures Exposure
The most traded U.S.-listed oil exchange-traded funds opened higher on Tuesday, closely tracking a small rise in oil…
Oil Posts Deepest Annual Loss Since 2020 on Surplus Concerns
(Bloomberg) — Oil closed out the year with its steepest annual loss since 2020 as the market confronts…
Trump tariff threat pushes oil to five-month low
(Corrects Brent’s settlement at lowest since May 7, not May 5, in paragraph 3) By Erwin Seba HOUSTON…
Crude oil prices steady after Saudi price cuts puts demand outlook in focus
Oil steadied as investors weighed the prospect for softening demand after Saudi Arabia cut pricing for most of…
Oil prices fall on demand concerns, but headed for weekly gain
By Yuka Obayashi TOKYO (Reuters) -Oil prices fell on Friday but are set for a weekly gain, caught…
Oil eases after rising to two-week high on Russia-Ukraine supply concerns
By Anjana Anil (Reuters) -Oil prices edged down on Tuesday after surging nearly 2% in the previous session,…
Oil Advances After Fed Signals Possible Return to Rate Cuts
Storage tanks at an oil refinery in Mumbai. Photographer: Abeer Khan/Bloomberg (Bloomberg) — Oil advanced, solidifying gains from…
Oil Rises as Possible Rate Cut Outweighs Bearish Supply Outlook
Oil refineries in Mumbai. Photographer: Abeer Khan/Bloomberg (Bloomberg) — Oil rose after Federal Reserve Chair Jerome Powell signaled…
Crude Oil Prices Rise on Supply Concerns, US Inventories Drop
By Adedapo Adesanya The Lagos Chamber of Commerce and Industry (LCCI) has suggested a tweak to Nigeria’s foreign…
Oil prices surge after Israel strikes Iran in major escalation of Mideast standoff
Oil prices surged around 8% on Friday morning after Israel launched airstrikes on Iran, marking a significant escalation…
US oil prices drop more than $1 as inventory build raises oversupply fear
By Yuka Obayashi TOKYO (Reuters) – U.S. crude futures declined more than $1 in early trade on Thursday…
Oil Declines After Biggest US Crude Stockpile Gain Since March
(Bloomberg) — Oil dropped after a government report showed US crude inventories rose by the most in two…