Oil prices slipped on Tuesday as a deepening global market sell-off piled onto an already heavy mix of supply concerns and geopolitical pressure.
Oil prices slipped on Tuesday as a deepening global market sell-off piled onto an already heavy mix of supply concerns and geopolitical pressure.
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 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 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 edged lower after Iranian Foreign Minister Abbas Araqchi reaffirmed Tehran’s commitment to the nuclear Non-Proliferation Treaty.
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.
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 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 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
Russia’s oil revenues have fallen to their lowest point since February due to declining crude prices.
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
Oil prices continued to decline on Wednesday, with forecasts suggesting an average of around $60 per barrel next year, and possibly even dipping to around $50, according to Citi.