Oil market news


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 demand in the United States and China. Brent futures slipped 22 cents, or 0.27%, to $76.27 a barrel by 0749 GMT while U.S. West Texas Intermediat...


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...

February 10, 2025
Oil Climbs as Investors Weigh new US Tariffs
Oil Climbs as Investors Weigh new US Tariffs

Oil prices ticked higher on Monday even as investors weighed U.S. President Donald Trump's latest tariff threat, this time on all steel and...

February 7, 2025
Oil Set for 3rd Straight Weekly Decline amid Tariff Concerns
Oil Set for 3rd Straight Weekly Decline amid Tariff Concerns

Oil prices rose marginally in Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S. President Donald...

February 6, 2025
Oil Little Changed as Trump Policies Continue to Drag on Prices
Oil Little Changed as Trump Policies Continue to Drag on Prices

Oil prices edged up in Asian trading on Thursday after Saudi Arabia's state oil company sharply raised March oil prices, but the increase was...

February 4, 2025
Crude Prices Fall on US-China Trade Clash
Crude Prices Fall on US-China Trade Clash

Crude prices fell on Tuesday as U.S. tariffs on China took effect and Beijing retaliated with its own tariffs, heightening trade war fears, while...

February 3, 2025
OPEC+ Sticks to Oil Policy, Ditches US Government Data
OPEC+ Sticks to Oil Policy, Ditches US Government Data

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's Energy Information...

Oil Prices Climb on US Tariffs Spark Supply Disruption Fears
Oil Prices Climb on US Tariffs Spark Supply Disruption Fears

Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of crude supply disruption...

January 31, 2025
Oil Set for Weekly Losses as Trump Tariffs Loom
Oil Set for Weekly Losses as Trump Tariffs Loom

Oil prices eased on Friday with U.S. President Donald Trump expected to announce new tariffs against Canada and Mexico that will begin on...

January 30, 2025
Oil Prices Steady ahead of Trump's Threatened Tariffs on Canada, Mexico
Oil Prices Steady ahead of Trump's Threatened Tariffs on Canada, Mexico

Oil prices were little changed on Thursday as investors focused on tariffs threatened by U.S. President Donald Trump on Mexico and Canada, the two...

January 29, 2025
Oil Prices Tick Lower on Rising US Inventories, Libyan Output
Oil Prices Tick Lower on Rising US Inventories, Libyan Output

Oil prices dipped on Wednesday, giving up some of last session's gains, as a rise in U.S. crude stockpiles and easing worries over Libyan...

January 28, 2025
Oil Prices Bounce Back from Multi-Week Lows on Libya Supply Disruption
Oil Prices Bounce Back from Multi-Week Lows on Libya Supply Disruption

Oil prices rebounded on Tuesday from multi-week lows as disruption to Libyan oil loading operations offset fears of weaker demand linked to soft...

January 27, 2025
Oil Falls as Trump Repeats Call for OPEC to Cut Prices
Oil Falls as Trump Repeats Call for OPEC to Cut Prices

Oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to...

January 24, 2025
Oil Prices Set to End Week Lower on Trump Energy Policies
Oil Prices Set to End Week Lower on Trump Energy Policies

Oil prices edged up on Friday but remained on track for a weekly decline after U.S. President Donald Trump announced sweeping plans to boost U.S....

January 23, 2025
Oil Prices Held Down by Trump Tariff Uncertainty
Oil Prices Held Down by Trump Tariff Uncertainty

Oil prices were little changed on Thursday, maintaining the previous session's losses on uncertainty over how U.S. President Donald Trump's...

January 22, 2025
Oil Extends Drop as Investors Watch Trump 2.0 Policies
Oil Extends Drop as Investors Watch Trump 2.0 Policies

Oil prices dipped on Wednesday extending the previous session's declines as markets weighed U.S. President Donald Trump's declaration of a...

January 21, 2025
Oil Falls as Traders Digest Trump Tariff Reprieve, Stronger Dollar
Oil Falls as Traders Digest Trump Tariff Reprieve, Stronger Dollar

Oil prices fell on Tuesday as investors assessed U.S. President Donald Trump's plans to apply new tariffs later than expected while boosting...

January 20, 2025
Oil Prices Fall as Market awaits Trump Policy Announcements
Oil Prices Fall as Market awaits Trump Policy Announcements

Oil prices fell on Monday as traders awaited U.S. President-elect Donald Trump's inauguration in the hope of some clarity on his policy agenda,...

January 17, 2025
Oil Set for 4th wk of Gains, Investors Assess US Sanctions Impact
Oil Set for 4th wk of Gains, Investors Assess US Sanctions Impact

Oil prices edged up on Friday, heading for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade heightened...

January 16, 2025
Oil Rises as US Inventory Decline Heightens Supply Concerns
Oil Rises as US Inventory Decline Heightens Supply Concerns

Oil prices gained for a second session on Thursday, supported by worries over potential supply disruptions amid U.S. sanctions on Russia, a...

January 15, 2025
Oil Inches Up, Uncertainty over Sanctions Impact Caps Gains
Oil Inches Up, Uncertainty over Sanctions Impact Caps Gains

Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions from sanctions on...

January 14, 2025
Oil Shipping Rates Surge after US Sanctions Tighten Global Fleet
Oil Shipping Rates Surge after US Sanctions Tighten Global Fleet

Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship...

Oil Hovers near 4-mth Highs, Russia Sanctions Stay in Focus
Oil Hovers near 4-mth Highs, Russia Sanctions Stay in Focus

Oil prices eased on Tuesday but remained near four-month highs as the impact of fresh U.S. sanctions on Russian oil remained the market's main...

January 13, 2025
Oil Jumps as new US Sanctions to Curb Russian Supply to China, India
Oil Jumps as new US Sanctions to Curb Russian Supply to China, India

Oil prices extended gains for a third session on Monday, with Brent rising above $80 a barrel to its highest in more than four months, as wider...

January 10, 2025
Oil Set for Third Straight Weekly Gain on Supply Concerns
Oil Set for Third Straight Weekly Gain on Supply Concerns

Oil prices rose on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from sanctions...

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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