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$51.20
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At Close: Jun 05, 2026

Oil rises on geopolitical risks to supply

08:58pm, Monday, 01'st Dec 2025
Oil prices climbed in early trade on Tuesday for a second consecutive session as market participants assessed risks stemming from Ukrainian drone strikes on Russian energy sites and mounting U.S.-Vene

Oil Edges Higher Amid Supply Chain Disruption

08:28pm, Monday, 01'st Dec 2025
Oil edged higher in early Asian trading amid supply chain disruption.
The attack on Russia's Novorossiysk oil export hub provided additional support to oil markets.
OPEC+ remains stable as the growing oversupply of offshore crude oil finally reaches onshore stocks, reinforcing a structurally bearish trend across the entire oil market. With production levels set u
Torbjörn Törnqvist is selling his stake in Gunvor after renewed scrutiny of the firm's Russia ties.
WTI oil and Brent markets attempted early rallies but quickly reversed from key downtrend levels. Both grades continue to struggle with heavy supply pressures and weak demand, keeping prices capped an
Crude oil futures rally 2% as drone strikes on Russian infrastructure and OPEC+ holding production steady reignite supply fears after a four-month losing streak.
Natural gas and oil rebound as OPEC+ holds supply steady and energy markets react to shifting geopolitical signals and improving technical momentum.
Oil rose in early Asian trade. Markets continue to focus on the progress of Russia-Ukraine peace talks, Nanhua Futures said.
Oil prices rose more than 1.5% on Monday after the OPEC+ meeting on Sunday decided against earlier planned production rises in the first quarter of next year.
WTI edges higher as traders assess peace talks, rising supply, weak oil demand, and OPEC policy, with analysis pointing to a bearish weekly oil outlook.
OPEC+ is likely to leave oil output levels for the first quarter of 2026 unchanged at its meetings on Sunday, three delegates from the group said on Saturday, moderating a push to regain market share
Crude Oil Futures slip after a weak Friday close as rising Inventory, soft Oil Demand, and OPEC Production risks weigh on the broader Oil Outlook.
U.S. oil production rose to a record high in September, data from the Energy Information Administration (EIA) on Friday showed, despite oversupply worries.
Hungary's Orban met Russia's Putin in Moscow to discuss energy and Ukraine peace deal.
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