Oil prices rise as traders weigh Gaza truce talks, U.S. tensions with Iran
Geopolitical tensions are limiting downside to oil prices as expectations weaken for interest rate cuts in the U.S. and China's
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WTI Crude (Mar'23)
Oil market will face supply shortage by end of 2025, Occidental CEO says
"We're in a situation now where in a couple of years time we're going to be very short on supply,"
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Saudi Arabia’s Aramco halts plans to increase maximum crude production capacity
Saudi Arabia's Aramco halts plans to increase maximum crude production capacity Source link
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Oil prices higher after Iran-linked drone strikes kill three U.S. troops, Biden vows retaliation
Oil prices advanced after missiles launched by Iran-backed militants killed three U.S. troops in Jordan and struck a fuel tanker
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Oil prices rise more than 3% on mounting Middle East tensions, OPEC pledge to support market
Tensions in the Middle East are mounting as militants attack vessels in the Red Sea and protest in Libya shut
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Maersk halts Red Sea shipping until further notice after Houthi militant attack
The decision by the Danish shipping giant extends a 48-hour pause implemented in the immediate aftermath of the attack. Source
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Oil prices fall as traders monitor rising tensions in Red Sea
Oil prices were volatile Tuesday after Iran dispatched a warship to the Red Sea, as the situation remains tense in
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U.S. crude oil sheds more than 10% for the year in first annual decline since 2020
Record production in the U.S. is profoundly impacting oil prices despite ongoing geopolitical risks in the Middle East. Source link
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U.S. crude oil rises 3% on weaker dollar, slightly improved 2024 demand outlook
Oil prices rose Thursday, extending the previous session's gains on a slightly improved global demand outlook for 2024 and a
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