Oil prices fell on Friday as worries about fuel demand in the United States outweighed expectations that the year’s first interest rate cut by the Federal Reserve would spur greater consumption. ›
Oil prices declined for a second session on Thursday, after the Federal Reserve cut interest rates as expected and traders focused on concerns about the U.S. economy and excess supplies. ›
Oil prices eased slightly on Wednesday, after rising more than 1% in the previous session, though ongoing geopolitical jitters provided a floor for the market while traders also awaited an expected interest rate cut from the U.S. Federal Reserve. ›
Oil prices edged up on Tuesday, extending previous session gains, as markets contemplated potential supply disruption from Russia after Ukrainian drone attacks on its refineries as well as the prospect of a U.S. central bank interest rate decision. ›
Oil prices extended gains on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries that could disrupt its crude and fuel exports, while also eyeing U.S. fuel-demand growth. ›
Oil prices fell on Friday, extending the previous session’s hefty losses as concerns about oversupply and weaker U.S. demand outweighed worries about the risk of supply disruption from conflict in the Middle East and Ukraine. ›
Oil prices held steady on Thursday as worries over softening U.S. demand and broad oversupply risks were offset by concerns over attacks in the Middle East and the Russian war in Ukraine. ›
Oil prices rose on Wednesday after Israel attacked Hamas leadership in Qatar and U.S. President Donald Trump asked Europe to impose tariffs on buyers of Russian oil buyers, though a weak market outlook capped further gains. ›
Oil prices extended gains on Tuesday following the decision by OPEC+ to increase output by less than market participants had anticipated, while concerns over tighter supply due to potential new sanctions on Russia continued to lend support. ›
Oil prices climbed more than $1 on Monday, regaining some of last week’s losses, helped by the prospect of more sanctions on Russian crude after an overnight strike on Ukraine. ›
