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Oil prices slide with profit-taking after rallying to 3-month high

- News reports suggest ongoing conflict between Israel and Palestine close to a ceasefire

14.01.2025 Oil

Oil prices rise amid supply concerns over intensified Russia sanctions

- Oil prices reach their highest level since October 2024 over embargo decision against Russian oil producing and exporting companies

13.01.2025 Oil

Brent rises nearly 3% following intensified US Sanctions on Russia

- Oil prices surged by nearly 3%, reaching their highest levels in three months, driven by supply concerns after the US administration intensified sanctions targeting Russia’s oil production and exports

10.01.2025 Oil

Oil sees weekly rise as cold weather boosts demand, supply concerns persist

- Reduced supply from Russia and OPEC members and higher demand caused by cold weather raise prices

10.01.2025 Oil

Oil prices rise on strong demand outlook amid cold snap

- US data shows 632,000-barrel drop in heating oil stocks, fueling expectations of higher oil demand

10.01.2025 Oil

Oil down amid economic slowdown in China, weaker US demand outlook

- Lower-than-expected drop in US crude oil inventories suggest demand in world's largest oil consuming country weakened, influencing downward price movements

09.01.2025 Oil

Oil rises on strong US demand, Biden's offshore drilling ban

- Trump's vow to swiftly revoke outgoing president Biden's ban on offshore oil and gas drilling limits further price increase

08.01.2025 Oil

Oil prices disappoint investors expecting a price hike in 2024

- Brent oil starts 2024 at elevated levels amid Middle East conflicts, ends year with a decline of around 3.6%, weighed down by mounting economic concerns

07.01.2025 Oil

Oil down amid slowing economic activity, lower demand

- Recession concerns in major economies heighten fears of slowing global oil demand, pushing prices lower

06.01.2025 Oil

Oil prices rise amid optimism on US and China economic activity

- Oil prices climb on optimism about economic growth in US and China, boosted by demand expectations and lower US crude stocks

03.01.2025 Oil

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Oil prices rise amid strong demand outlook in US and China

- Chinese economy rebounds, on an upward trajectory, China's President Xi Jinping says

02.01.2025 Oil

Oil up over strong economic data from China, weakening US dollar

- Chinese authorities approve record fiscal stimulus package of 3 trillion yuan to boost economy, contributing to market optimism over future oil demand

31.12.2024 Oil