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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,
Oil prices rose on Friday, following US President Donald Trump’s announcement of an upcoming statement concerning Russia, ...
Stock markets in the United Arab Emirates rebounded on Friday, led by gains in oil prices, while U.S. tariffs and possible ...
Petrol and diesel prices in Pakistan are expected to increase by up to Rs6.60 per litre for the next 15 days, following a ...
US EIA’s short-term energy outlook (STEO) report said that the Brent crude oil price in its forecast averages $69 per ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
WTI Crude Oil edges lower as reports confirm robust supply. Red Sea attacks and rising geopolitical risks could continue to ...
Oil prices edge higher in volatile trading as investors weigh a sharp rise in U.S. crude inventories and global trade risks against attacks on shipping in the Red Sea. Brent crude rises 0.4% to $70.45 ...
U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead of ...
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