Oil prices are heading toward their steepest annual decline since the pandemic-driven collapse of 2020, as fears grow that a persistent supply glut is overwhelming global crude markets. The downturn
Oil falls as US sanctions hit Russian crude
Oil prices slipped on Tuesday as a deepening global market sell-off piled onto an already heavy mix of supply concerns and geopolitical pressure.
FTSE 100 Ends Winning Streak as European Markets Slip
The FTSE 100 fell 36 points to 9,720 on Thursday, bringing an end to its eight-day winning run, as investors took profits following a strong rally and digested global trade
Oil Trades Near Five-Month Low as US-China Trade Tensions Deepen
Oil prices hovered near a five-month low on Wednesday amid mounting US-China trade tensions and growing concerns over a global supply glut.
Oil Prices Slide as Markets Eye Potential Trump-Putin Talks and New Tariffs
Oil prices are on course for their steepest weekly decline since June, as investors react to the prospect of possible talks between Donald Trump and Vladimir Putin, alongside growing concerns
Oil futures decline as Iran reaffirms its commitment to nuclear non-proliferation.
Oil futures edged lower after Iranian Foreign Minister Abbas Araqchi reaffirmed Tehran’s commitment to the nuclear Non-Proliferation Treaty.
Oil Prices Jump Amid Reports of Potential Israeli Strike on Iran
Oil prices climbed sharply following reports that Israel is preparing to target Iranian nuclear sites, raising concerns over regional stability and jeopardising ongoing nuclear negotiations led by Donald Trump.
Oil is forecast to fall to as low as $60 per barrel in 2025 “drill, baby, drill”
Drivers can expect relief at the pump in the coming year as economists forecast that Donald Trump’s initiatives to boost US oil production will drive down prices.
Oil prices plummet amid predictions of a global surplus for next year.
Oil prices are headed for their sharpest daily decline in a year as the world faces a looming supply glut and reports suggest Israel will avoid targeting Iran’s crude facilities.
Oil prices decline as Israel reportedly assures the U.S. it will avoid targeting Iran’s oil or nuclear facilities
Oil prices have seen their steepest drop in a month following reports that Benjamin Netanyahu assured Joe Biden he would not target Iran’s oil or nuclear facilities in response to
Russian oil revenues have reached their lowest level in seven months.
Russia’s oil revenues have fallen to their lowest point since February due to declining crude prices.
Oil is poised for its largest weekly decline in almost a year
Oil is on track for its most significant weekly decline in nearly a year, driven by concerns over weak demand and ample supply, despite Opec+ postponing a scheduled production increase