Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...

Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.

Front Month ICE Brent Crude for Sept. delivery gained $2.06 per barrel, or 3.02% to $70.36 this week --Largest one week net and percentage gain since the week ending June 20, 2025 --Largest two week ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

ULSD futures were seeing strong gains following two days of declines that saw contracts cut by nearly 6cts/gal. The August ULSD contract was ahead 5.46cts to $2.4381/gal, a gain of about 2.3%. The ...

The European Commission has suggested a floating price cap on Russian oil, targeting 15% below the average market price over ...

BEIJING/SINGORE -Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement regarding Russia, raising the prospect of more sanctions on the major oil producer, ...

Here's a look at what happened in oil markets in the week of July 7-11 and what the focus will be on in the days to come.

Oil prices rose by around 1 per cent on Friday as investors weighed a tight prompt market against a potential large surplus this year forecast by the IEA, while US tariffs and possible further ...

The West Texas Intermediate for August delivery gained 1.88 U.S. dollars, or 2.82 percent, to settle at 68.45 dollars a barrel on the New York Mercantile Exchange. Brent crude for September delivery ...

It’s a possible sign that President Donald Trump’s wave of tariff letters is again raising concern among investors.

Kuwait: The price of Kuwaiti oil fell $0.42 to $71.97 a barrel in trading on Thursday, compared to $72.39 a barrel the day before. In global ...