Oil
Oil gains on short-covering, nuclear talks
Published Sat, May 24, 2025 · 06:29 AM[HOUSTON] Oil prices gained on Friday (May 23) as US buyers covered positions ahead of the three-day Memorial Day weekend amid worries...
Oil Prices Slide as OPEC+ Mulls Output Hike and U.S.-EU Trade Tensions Escalate
Oil prices dropped more than 1 percent on Friday and were on pace for their first weekly loss in three weeks. The decline comes with the backdrop of speculation that...
Oil slides nearly 2% as Trump recommends 50% EU tariff
Published Fri, May 23, 2025 · 09:35 PM[LONDON] Oil prices dropped by nearly 2 per cent on Friday (May 23) and were set for their first weekly decline in...
Oil Prices Fall as OPEC+ Considers Boosting Output Amid Rising Supply Concerns
Oil prices fell more than 1% on Thursday after reports emerged that the OPEC+ group of producers might boost production in July. This has seen worries emerge about global...
Oil prices little changed on geopolitical uncertainty, weak China demand signals
[NEW YORK] Oil prices were little changed on Tuesday (May 20) due to uncertainty in US-Iran negotiations and Russia-Ukraine peace talks, while new government data delivered a cautious outlook...
Global Oil Prices Plunge as Supply Soars and Demand Stalls; Concern Grows Among Energy Markets
Oil prices are falling once more amid growing supply and weak demand. Brent crude plummeted and is now below $60 a barrel. That's far lower than at the beginning of the year....
Chevron seeks big oil and gas blocks in Indonesia
Chevron is seeking blocks with potential reserves of around 15 trillion cubic feet of gasPublished Tue, May 20, 2025 · 08:58 PM[TANGERANG, Indonesia] US oil major Chevron is interested...
Oil Prices Fall After U.S. Credit Downgrade and Weak China Data
Oil prices dropped on Monday as two significant developments shook investor confidence. Moody's cut the U.S. sovereign credit rating, and China reported a more meager-than-expected increase in its industrial output and...
