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 ...

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 futures ended a choppy trading week with modest declines as the market fretted about the June 1 OPEC+ meeting and prospects of the group adding another 411,000 barrels a day to production in July.

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

This potential surge in supply comes at a time when the market is already anticipating a surplus, further pressuring prices ...

Global crude oil prices are likely to trade with a downward bias in 2025, according to a recent report by ICICI Bank.

Argentina's exploitation of the Vaca Muerta shale formation is driving a significant increase in oil and natural gas ...

U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...

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