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Oil Prices Rise on Seasonal Demand, Geopolitical Tensions
Oil prices were rising, with Brent crude up 0.4% at $68.91 a barrel, and WTI up 0.5% at $66.91 a barrel. Market fundamentals for oil remain fundamentally tight on bullish seasonal demand, while new Houthi attacks on cargo vessels transiting the Red Sea are adding a risk premium,
Stock markets in the United Arab Emirates rebounded on Friday, led by gains in oil prices, while U.S. tariffs and possible ...
On June 13, the U.S. Environmental Protection Agency proposed higher biofuel blending requirements for 2026 and 2027. Read ...
US EIA’s short-term energy outlook (STEO) report said that the Brent crude oil price in its forecast averages $69 per ...
The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...
Asian stock markets and oil prices face uncertainty as the U.S. signals tariff changes without clarification. President Trump ...
Cottonseed oil cake futures prices rose on Friday due to increased demand and speculative trading. Prices increased by Rs 6 to Rs 3,190 per quintal on the National Commodity and Derivatives Exchange.
Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...
WTI Crude Oil edges lower as reports confirm robust supply. Red Sea attacks and rising geopolitical risks could continue to ...
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