Oil prices fell on Wednesday as an expected build-up of U.S. crude inventories outweighed a temporary halt in output at two large fields in Kazakhstan and geopolitical pressure from U.S. threats of tariffs over its bid to gain control of Greenland. ›
Oil lacked clear direction on Tuesday as markets monitored President Donald Trump’s threats of higher U.S. tariffs on European nations over his desire to buy Greenland, while a weaker dollar and better than expected economic data from the world’s top oil importer China provided a floor to prices. ›
Oil prices were down on Monday after rising during the previous session as civil unrest in Iran subsided, lowering the chance of a U.S. attack that could disrupt supply from the major Middle Eastern producer. ›
European gas prices are set for their biggest weekly rally in over two years, with a change in sentiment taking hold as traders rush to cover short positions amid bouts of unusually cold weather. ›
Oil prices rose slightly on Friday as market participants weighed concerns about supply risks, though the chances of a U.S. strike on Iran have receded. ›
Oil prices slid more than 3% on Thursday after U.S. President Donald Trump said killings in Iran’s crackdown on nationwide protests were stopping, tempering concern over military action against Iran and supply disruption. ›
Oil slipped after four days of increases on Wednesday as Venezuela resumed exports and U.S. crude and product inventories rose, though fears of Iranian supply disruptions due to deadly civil unrest loomed over the market. ›
Oil prices extended gains on Tuesday as heightened concerns surrounding Iran and potential supply disruptions outweighed the prospect of increased crude supply from Venezuela. ›
Oil prices dipped on Monday, after Iran said it had “total control” following weekend violence, easing some concerns over supply from the OPEC producer, while investors also weighed efforts to resume oil exports from Venezuela. ›
Oil prices rose for a second day on Friday, up more than 1% and set for their third weekly gain, on uncertainty about the future of supply from Venezuela and as Iranian unrest increases concerns about output there. ›
