Ole Hansen, Head of Commodity Strategy, Saxo Bank The global crude oil market continues to navigate a complex web ...

Oil traders have turned bullish on crude prices following President Trump's threat of new sanctions on Russia unless a ...

India’s state-run oil refiners are reportedly pausing from purchasing Russian crude, following mounting pressure from the US, ...

Brent crude oil prices are expected to rise to USD 80 per barrel in the coming months as tensions between the United States ...

"Oil prices surge as Trump's stance on Russia-Ukraine and tariff deal shake up the market, prompting caution among investors amidst geopolitical tensions and potential market volatility." ...

Oil Prices West Texas Intermediate for August delivery plunged 6% to settle at $64.37 a barrel in New York. Brent for August settlement dropped 6.1% to settle at $67.14 a barrel.

By Myra P. Saefong OPEC+'s 'superhike' is having an unexpected effect Oil prices marched to their highest levels in two weeks on Tuesday, gaining ground despite plans to increase the flow of crude ...

Angola will not seek a loan from the International Monetary Fund for now, due to rising oil prices and spending cuts that will meet most of its financing needs for the year. The country is ...

More recently, when Russia invaded Ukraine in February 2022, oil prices initially soared to over $120 / bbl for WTI. However, the price surge was also short-lived (Figure 11).

A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost year-over-year growth in the Consumer Price Index by 0.5 percentage ...