Oil futures fell on Friday after Iran reaffirmed its commitment to nuclear non-proliferation and amid expectations that major producers are set to agree to raise their output this weekend. ›
Oil prices fell on Thursday after gaining 3% in the previous session as investors are wary higher U.S. tariffs may be reinstated, which could cause lower fuel demand, and as major producers are expected to announce an output hike. ›
Oil futures were little changed on Wednesday as markets weighed expectations of more supply from major producers next month, a softer U.S. dollar and a mixed bag of economic and market indicators from the U.S., the world’s largest oil consumer. ›
Oil prices steadied on Tuesday after sliding earlier in the session, with the market weighing expectations of an OPEC+ output hike in August in an upcoming meeting. ›
Oil prices fell on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output hike in August improved supply expectations amid persistent uncertainty over the outlook for global demand. ›
European natural gas prices are headed for their biggest weekly retreat in almost two years after supply fears linked to tensions in the Middle East eased. ›
Oil held steady as traders grappled with conflicting signals about how much US military strikes hobbled Iran’s nuclear program and whether Washington will continue to target Tehran’s oil flows. ›
Oil options are now more bullish than after Russia’s invasion of Ukraine in 2022, showing a global market that’s on edge as Israel and Iran trade blows, and speculation mounts that the US May join the attack. ›
Oil prices hit their lowest in two weeks on Tuesday after Israel agreed to U.S. President Donald Trump’s proposal for a ceasefire with Iran, alleviating worries of supply disruptions in the Middle East – a major oil-producing region. ›
Oil prices jumped on Monday to their highest since January as the United States’ weekend move to join Israel in attacking Iran’s nuclear facilities stoked supply concerns. ›
