Oil market news


Oil Retreats amid Tariff Worries, Set for 3rd wk of Gains on Supply Woes

Oil Retreats amid Tariff Worries, Set for 3rd wk of Gains on Supply Woes

Oil prices retreated on Friday amid tariff-related demand concerns, but headed for a third weekly gain on a tightening global supply outlook after the U.S. placed more pressure on Venezuelan and Iranian oil trade. Brent crude futures lost 31 cents, or 0.4%, at $73.72 a barrel at 0742 GMT, fa...


March 27, 2025
Oil Eases as Markets Take Stock of Trump Auto Tariffs
Oil Eases as Markets Take Stock of Trump Auto Tariffs

Oil prices edged lower on Thursday as markets weighed the impact of U.S. President Donald Trump's auto tariffs at a time when concerns swirled...

March 25, 2025
Oil Rises for 5th Day on Supply Concerns after Venezuela Tariffs
Oil Rises for 5th Day on Supply Concerns after Venezuela Tariffs

Oil prices rose on Tuesday for a fifth day on concerns global supply will tighten after the U.S. announced tariffs on countries that buy Venezuelan...

March 24, 2025
Oil Inches Up as Markets Weigh Sanctions on Iran, Russia-Ukraine Ceasefire Talks
Oil Inches Up as Markets Weigh Sanctions on Iran, Russia-Ukraine Ceasefire Talks

Oil prices inched up on Monday as investors weighed the impact of fresh U.S. sanctions on Iranian exports against ceasefire talks aimed at ending...

March 21, 2025
Oil heads towards second consecutive weekly gain on supply concerns
Oil heads towards second consecutive weekly gain on supply concerns

Oil prices fell slightly on Friday but were heading for a second consecutive weekly gain as fresh U.S. sanctions on Iran and the latest output plan...

March 20, 2025
Oil Prices Rise on Strong Demand Outlook, Weaker US Dollar
Oil Prices Rise on Strong Demand Outlook, Weaker US Dollar

Oil prices rose on Thursday, boosted by a strong outlook for demand in the United States after fuel inventories fell more than expected, and a...

March 19, 2025
Oil Slips on US-Russia Agreement on 30-Day Energy Ceasefire
Oil Slips on US-Russia Agreement on 30-Day Energy Ceasefire

Oil prices fell on Wednesday after Russia agreed to U.S. President Donald Trump's proposal that Moscow and Kyiv stop attacking each...

March 18, 2025
Oil Gains on Mideast Risks, China Stimulus, Ukraine Talks in Focus
Oil Gains on Mideast Risks, China Stimulus, Ukraine Talks in Focus

Oil prices edged higher on Tuesday, supported by instability in the Middle East as well as China's plans for more economic stimulus, though...

March 17, 2025
Oil Prices Rise as US Vows to Keep Attacking Houthis
Oil Prices Rise as US Vows to Keep Attacking Houthis

Oil prices traded higher on Monday after the United States vowed to keep attacking Yemen's Houthis until the Iran-aligned group ends its...

March 13, 2025
Oil Steady as Economic Concerns Weigh Despite Firm Demand Expectations
Oil Steady as Economic Concerns Weigh Despite Firm Demand Expectations

Oil prices were largely steady on Thursday after surging in the previous session on a larger-than-expected draw in U.S. gasoline stocks, as markets...

March 12, 2025
Oil Up on Weak Dollar, Tariff Concerns Cap Gains
Oil Up on Weak Dollar, Tariff Concerns Cap Gains

Oil prices edged up on Wednesday, supported by a weaker dollar, but gains were capped by mounting fears of a U.S. economic slowdown and the impact...

March 11, 2025
Oil Prices Inch Up Despite Tariff Concerns, Slowdown Fears
Oil Prices Inch Up Despite Tariff Concerns, Slowdown Fears

Oil prices pared earlier losses to inch up during trade on Tuesday, despite concerns over a potential U.S. recession, the impact of tariffs on...

March 10, 2025
Oil Prices Slip, Tariff Uncertainty Keeps Investors on Edge
Oil Prices Slip, Tariff Uncertainty Keeps Investors on Edge

Oil prices fell on Monday as concern about the impact of U.S. import tariffs on global economic growth and fuel demand, as well as rising output...

March 7, 2025
Oil Set for Weekly Drop on Tariff Uncertainty and Supply Boost
Oil Set for Weekly Drop on Tariff Uncertainty and Supply Boost

Oil prices rose on Friday but were set for close to a 4% weekly decline as uncertainty surrounding U.S. tariff policies raised concern over demand...

March 5, 2025
Oil Steady; Market Eyes OPEC+ Output Increase, US Tariffs
Oil Steady; Market Eyes OPEC+ Output Increase, US Tariffs

Oil prices steadied on Wednesday after hitting multi-month lows in the previous session, but remained under pressure as the market eyed plans by...

March 4, 2025
Oil Down on OPEC+ Output Increase, Tariffs Start and US Pause on Ukraine Aid
Oil Down on OPEC+ Output Increase, Tariffs Start and US Pause on Ukraine Aid

Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and as...

March 3, 2025
Oil Little Changed as Uncertainty over Ukraine, Global Growth Looms
Oil Little Changed as Uncertainty over Ukraine, Global Growth Looms

Oil edged up on Monday as upbeat manufacturing data from China, the world's biggest crude importer, led to renewed optimism for fuel demand,...

February 28, 2025
Oil Set for First Monthly Drop since Nov on Economic Doubts
Oil Set for First Monthly Drop since Nov on Economic Doubts

Oil prices eased on Friday as they headed for their first monthly drop since November, dragged lower by uncertainty over global economic growth and...

February 27, 2025
Oil Climbs after Trump Cancels Chevron's Venezuela Licence
Oil Climbs after Trump Cancels Chevron's Venezuela Licence

Oil prices rose more than 1% on Thursday as supply concerns resurfaced after U.S. President Donald Trump's revoked a licence granted...

February 26, 2025
Oil Edges Up as US Stockpile Report Counters Rising Supply Concerns
Oil Edges Up as US Stockpile Report Counters Rising Supply Concerns

Oil prices rose marginally on Wednesday, bouncing off two-month lows hit in the prior session after an industry group reported U.S. crude...

February 24, 2025
Oil Dips, Traders await Progress on Push for Ukraine Peace Deal
Oil Dips, Traders await Progress on Push for Ukraine Peace Deal

Oil prices extended last week's losses on Monday as investors awaited clarity on talks to end the war in Ukraine and weighed up the prospect of...

February 21, 2025
Oil Heads for Weekly Gain amid Supply Jitters, Improving Demand
Oil Heads for Weekly Gain amid Supply Jitters, Improving Demand

Oil prices edged down on Friday but were still poised for a weekly rise on concerns over supply disruptions in Russia and an improving outlook for...

February 20, 2025
Oil Little Changed on Report of Rising US Crude Inventories
Oil Little Changed on Report of Rising US Crude Inventories

Oil prices were little changed on Thursday after rising to a near one-week high in the previous session, as an industry report showing a...

February 19, 2025
Oil Gains on US, Russia Supply Worries; Market Seeks Ukraine Talks Clarity
Oil Gains on US, Russia Supply Worries; Market Seeks Ukraine Talks Clarity

Oil prices edged up on Wednesday amid worries of oil supply disruptions in the U.S. and Russia, and as markets awaited clarity on the Ukraine peace...

February 18, 2025
Oil Inches Up on Kazakhstan Supply Disruption
Oil Inches Up on Kazakhstan Supply Disruption

Brent crude oil prices advanced on Tuesday adding to gains in the previous session after a drone attack on an oil pipeline pumping...

February 17, 2025
Oil Prices Steady as Market Eyes Russia-Ukraine Peace Deal
Oil Prices Steady as Market Eyes Russia-Ukraine Peace Deal

Oil prices were little changed on Monday as investors eyed developments on a potential Russia-Ukraine peace deal that could ease sanctions...

February 14, 2025
Oil Edges Lower as Potential Ukraine Peace Deal Eases Supply Worries
Oil Edges Lower as Potential Ukraine Peace Deal Eases Supply Worries

Oil prices were down slightly on Friday on prospects for a peace deal between Russia and Ukraine that could ease global supply disruptions by...

February 13, 2025
Oil Falls as Potential Ukraine Peace Deal may Ease Supply Disruptions
Oil Falls as Potential Ukraine Peace Deal may Ease Supply Disruptions

Oil prices fell about 1% on Thursday on expectations that a potential peace deal between Ukraine and Russia would end sanctions that have disrupted...

February 12, 2025
OPEC Sticks to 2025, 2026 Global Oil Demand Growth Forecasts
OPEC Sticks to 2025, 2026 Global Oil Demand Growth Forecasts

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support...

Oil Prices Retreat on Climb in US Crude Stockpiles Expected
Oil Prices Retreat on Climb in US Crude Stockpiles Expected

Oil prices lost ground on Wednesday after sources said industry data would show an increase in U.S. crude stockpiles, but stronger refining margins...

February 11, 2025
Oil Climbs on Supply Worries, Trump Tariffs Check Gains
Oil Climbs on Supply Worries, Trump Tariffs Check Gains

Oil prices extended gains on Tuesday amid concerns over Russian and Iranian oil supply and sanctions threats, despite worries that escalating trade...

Oil prices as a factor of influence on the world financial markets

Oil plays an important role on the world markets. Traders and investors know that oil quotes have a major impact on the world economy because of their change can cause a strong growth or, conversely, become a reason of reduction in price of assets in the currency and stock markets. The dynamics of crude quotes is determined to a greater extent, by the economic situation in the United States of America. To predict effectively changes in trading on the stock markets, it is necessary to monitor all developments on the oil market.

Analyse the impact of oil prices on the financial markets

The world oil market is one of the most volatile that makes it even more attractive to investors and giving them an convenient method of investments with low risk. There are plenty of factors which have influence on the oil prices: political events, financial reports and even the weather changes. A timely analysis of all the actual news of the oil market is the key to successful trading.

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