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Oil prices fall amid global trade fears, OPEC+ production

- Brent crude plummets 3.87% to $63.20 per barrel, hitting a four-year low

11:06 Oil

Oil prices are forecasted to stay below $80 threshold for extended period

- Brent crude drops 9.2% to $65.74 in first week of April, marking its lowest weekly close since August 2021

05.04.2025 Oil

Oil prices head for lowest close since August 2021 amid escalating trade tensions

- Following China's move to impose retaliatory tariff on US goods, prices plunged sharply on Friday, with weekly decline exceeding 10%

05.04.2025 Oil

Trump's tariff decisions hold potential to destabilize oil prices

- By April 3, Brent crude plunges 5.4%, closing at $69.63, after US President Donald Trump's April 2 tariff actions

04.04.2025 Oil

Oil prices fall amid US tariffs, OPEC+ supply boost stoke market fears

- President Trump issues executive order enforcing 10% baseline tariff on all imports

04.04.2025 Oil

OPEC+ accelerates output hike plan for May

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman to implement production increase of 411,000 barrels per day, which includes three monthly increments

03.04.2025 Oil

Oil prices fall amid concerns over US tariffs and sanctions

- As US President Donald Trump prepares to announce reciprocal tariffs on April 2, focus shifts to their impact on global trade

01.04.2025 Oil

Oil up amid Trump's Russia tariffs, Iran bombing threats

- US president threatens to impose sanctions on Russia's oil sector if he believes Kremlin is not contributing to efforts to secure ceasefire in Ukraine

31.03.2025 Oil

Oil set for weekly gains amid US tariff concerns

- Prices hold near one-month highs amid tightening global supply concerns following US tariffs

28.03.2025 Oil

Oil prices slip amid tariff worries, inflationary concerns

- Markets react to looming April 2nd start of Trump's proposed 25% tariff on Venezuelan oil and gas imports

28.03.2025 Oil

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Oil prices edge higher as supply concern grows, US crude inventories drop

- Latest developments on Russia-Ukraine truce talks and potential impact of tariffs on global trade limit further price increases

26.03.2025 Oil

Potential Russia-Ukraine peace would boost agriculture, oil prices: Expert economist

- Peace would be ‘good for world,’ though setbacks from Washington may mean problems for US, as stock market ends long trouble-free course under Trump’s 2nd term, says Jim Rogers

25.03.2025 General

Oil down amid Black Sea ceasefire hopes, impending tariffs

- Fresh US sanctions on Iran raise supply concerns as its expected to tighten global oil markets and impact Middle Eastern oil trade

24.03.2025 Oil

Oil down over strong dollar, demand fears

- New US sanctions on Iran and OPEC+'s latest production cut plan limit further price drops

21.03.2025 Oil

Oil prices rise on Middle East tensions, lower US output

- Yemen’s Houthi group announces that 16 of its members are killed in US airstrikes

20.03.2025 Oil

Oil prices decline amid 30-day ceasefire on Ukraine's energy infrastructure

- Tensions in Middle East raise concerns over supply disruptions in region, limiting further price losses

19.03.2025 Oil

Oil up on Red Sea tension, China's stimulus measures

- Escalating US and Yemen clashes and Red Sea hostilities threaten oil supplies, while China's focus on domestic demand boosts expectations of higher consumption

17.03.2025 Oil