Oil prices climbed about 1% on Friday, boosted by supply fears after a Ukrainian drone attack hit an oil depot in a major Russian export hub, the Black Sea port of Novorossiysk. ›

Oil prices edged down on Thursday, extending losses from the previous session, as a report showing rising crude inventories in the U.S. reinforced concerns that the global supply is more than sufficient to meet current fuel demand. ›

Oil prices softened on Wednesday but investor expectations that an end to the longest-ever U.S. government shutdown could boost demand in the world’s biggest crude-consuming nation curbed losses. ›

Oil prices dipped in Asian trade on Tuesday as oversupply concerns outweighed uncertainty over the impact of U.S. sanctions on Russian oil majors Rosneft and Lukoil and optimism over progress toward reopening the U.S. government. ›

Oil prices rose on Monday on optimism that the U.S. government shutdown could end soon and lift demand in the world’s top oil consumer, offsetting concerns about rising supplies globally. ›

Oil prices rose on Friday following three days of declines on worries about excess supply and slowing demand in the U.S., though prices are set for a second weekly loss. ›

Oil prices rose on Thursday as oversupply concerns eased, after closing at two-week lows in the prior session on weaker demand. ›

Oil prices slipped on Tuesday as investors read OPEC+’s decision to pause output hikes in the first quarter as a signal of oversupply in the market. ›

Oil was little changed for a second day as investors await clarity on how latest US sanctions on top Russian producers will affect flows to India and if progress in trade talks will revive American crude shipments to China. ›

Oil fell after a summit between Donald Trump and Chinese counterpart Xi Jinping that yielded progress on many sticking points, with differences over Russian crude imports not an issue of contention. ›