Oil prices rose by more than $2 a barrel in early trade on Wednesday on shrinking U.S. crude inventories, recouping some ​of the previous session's losses caused by a pause in fighting ‌between Wa
WTI crude oil faces deeper support after a sharp pullback from resistance, with continued selling pressure raising the risk of a test of key technical levels.
Oil markets remain under strong pressure as traders react to de-escalation in the Middle East.
In August 2024, candidate Donald Trump told a rally crowd that Joe Biden was “using the strategic reserves, which is meant for military, which is meant for war,” and pledged that “We have to fil
Crude oil is looking to bounce after initially falling on Tuesday. This is a market that will continue to pay close attention to the latest headlines coming out of the Middle East.
The U.S. held back on striking Iran once again as talks between the countries continue. Kevin Hincks explains how it plays into crude oil prices as other economies shake up the supply and demand pictu
OPEC+ is ​likely to pause ‌its gradual oil output ​hikes after ​September for the ⁠rest of ​2026, four ​sources said, as it needs to ​have ​additional talks before deciding ‌its �
President Trump said that talks with Iran were taking place. In response, Brent crude further declined while Treasurys strengthened and the dollar fell.
OPEC+ prepares for a key production decision as Hormuz supply risks keep WTI, Brent and natural gas markets on edge.
Australia said on Tuesday it would consider building its first new oil refinery in ​more than 60 years, as war in the ‌Middle East squeezes supplies from overseas and underscores the urgency to im
The oil markets are reacting to the cessation of missiles flying over the last day or so.
A pause in attacks for a third straight day between the US and Iran helped to push down oil prices and boost global stock and bond markets following two weeks of clashes. Tyler Kendall reports on Bloo
Human Rights Watch said on Monday pollution linked to the operations of French-British oil firm Perenco in the Democratic Republic of Congo ​was exposing nearby communities to health risks, includin
West Texas Intermediate and Brent crude's front-month contracts fell on Monday after the U.S. paused launching attacks at Iran.
Brent crude is back below $90 a barrel
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