Oil prices were steady at the close of a volatile trading session on Wednesday, after falling earlier on the back of data that raised concerns about U ...

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

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 ...

Oil prices surged over 2% due to IEA's report of a potentially tighter global market driven by strong summer demand. Concerns about new US tariffs and potential sanctions on Russia further fueled the ...

Supermarkets such as Tesco and Asda passed on the smallest increases to customers, while a strong pound helped stabilise prices slightly, preventing sharper rises. Looking ahead to July, the outlook ...

Crude oil futures jumped Friday, firming up gains for the week, on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ is considering a pause in production increases after ...

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.

BRUSSELS (Reuters) -The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average ...

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

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 ...