WTI and Brent oil prices rise ahead of Memorial Day, but geopolitical risks and OPEC’s production plans keep the market under pressure.

Oil prices gained on Friday as US buyers covered positions ahead of the three-day Memorial Day weekend amid worries over the latest round of nuclear talks between American and Iranian negotiators.

Increased oil demand forecasts, along with the existing sanctions on Iran’s exports, provided some upward support while ...

The West Texas Intermediate for July delivery gained 33 cents, or 0.54 percent, to settle at 61.53 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery increased 34 ...

Oil futures shook off early weakness and turned higher, while remaining on track for a small weekly loss driven by concerns that OPEC+ will decide on another large output increase for July.

Front Month ICE Brent Crude for July delivery lost 63 cents per barrel, or 0.96% to $64.78 this week --Largest one week net and percentage decline since the week ending May 2, 2025 ...

Oil prices are once again under pressure after Trump threatened a 50% tariff on the EU, boosting concerns of an economic ...

Oil prices declined on Friday and are set to post their first weekly loss in three weeks, amid renewed pressure from ...