Brent crude jumped above $104 a barrel on Thursday, its biggest rise in around a month, reigniting inflation concerns and adding pressure to government bonds and global equity markets.
Brent Crude Falls Below $100 as Oil Price Retreat Accelerates
Oil prices extended their decline on Tuesday, with Brent crude falling back below $100 a barrel. The global benchmark fell as low as $99.38 a barrel before recovering slightly to
Traders bet oil prices could hit five-month low
Traders on the prediction market Polymarket are increasingly positioning for further weakness in oil prices this month, after crude retreated to levels last seen before the conflict in Iran.
Oil heads for biggest monthly fall since Iran conflict began
Oil prices are heading for their largest monthly decline since the outbreak of the Iran conflict as investors increasingly bet on a diplomatic breakthrough between Washington and Tehran that could
Oil heads for worst year since pandemic despite rising Russia tensions
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.