Oil drilling rigs Oil prices fell on Friday as markets assessed supply prospects amid rising output in the world’s second-largest economy, while awaiting the upcoming meeting between the US and Russian Presidents later today. Brent crude futures for October delivery slipped 0.3%, or 20 cents, to $66.64 a barrel as of 8:02 am KSA time. […]
Oil prices drop as markets assess supply prospects Read More »
By Tsvetana Paraskova – Aug 14, 2025, 8:00 AM CDT The oil price structure is indicating a shift towards oversupply as prompt futures premiums are softening compared to later-dated contracts. Increased supply from OPEC+, Latin America, and Europe is easing backwardation, a market condition typically seen during tight supply. Traders anticipate demand will slow after
Oil Price Structure Flashes Fears of Oversupply Read More »
MANILA, Philippines — World shares were mixed on Friday, with Asian stocks mostly lower while Tokyo’s benchmark spiked more than 2% after Japanese officials said they had resolved questions over the tariff that will apply to exports to the U.S. In early European trading, Germany’s DAX lost 0.3% to 24,131.01. The CAC 40 in Paris
World shares are mixed as Tokyo’s Nikkei jumps nearly 2% on tariff news Read More »
Nigeria is the leading oil exporting country in Africa, the Organisation of the Petroleum Exporting Countries (OPEC) has said. A report issued by OPEC revealed that Nigeria topped the list of African oil-producing countries in June, followed by Libya and then Algeria. According to the report, global oil prices rose during June 2025, which was
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Jul 27, 2025, 9:47 PM CDT Oil prices moved higher in early Asian trade on Monday after the U.S. and EU reached a tariff agreement, averting a major trade war. The framework sets U.S. tariffs on most EU goods at 15%,
What to Watch in Oil Markets This Week Read More »
Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jul 27, 2025, 9:06 PM CDT The U.S. and EU agreed to a 15% tariff on EU goods, down from a threatened 30%, and the EU pledged $750 billion in U.S. energy purchases. Oil prices climbed as markets responded
Oil Prices Climb as U.S. and EU Reach Historic Tariff Agreement Read More »
By Michael Kern – Jul 23, 2025, 10:19 PM CDT U.S. crude inventories fell by 3.17 million barrels on Wednesday—well above expectations—tightening supply and lifting oil prices modestly. Gasoline stocks also declined, reinforcing demand strength, while distillate inventories rose seasonally. Ongoing trade negotiations and looming tariff decisions are keeping oil markets cautious and rangebound. Oil
Oil Prices Edge Higher But Uncertainty Caps Gains Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Jul 23, 2025, 7:00 PM CDT Oil prices extended their slide for a fourth session, with Brent stuck in a tight range near $68. Market sentiment is diverging: U.S.-based money managers are
Trade Tensions Cloud Oil Outlook Despite Global Supply Headwinds Read More »
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Jul 23, 2025, 5:00 PM CDT Energy stocks now hold the highest share of “buy” ratings across all S&P 500 sectors. Wall Street analysts
Why Analysts Favor The Unloved Energy Stocks Read More »
We use cookies and data to Deliver and maintain Google services Track outages and protect against spam, fraud, and abuse Measure audience engagement and site statistics to understand how our services are used and enhance the quality of those services If you choose to “Accept all,” we will also use cookies and data to Develop
Dow pops more than 200 points after Trump announces Japan trade deal: Live updates Read More »
