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Oil prices decline amid rising supply concerns linked to Iran nuke talks

- New nuclear proposal of US to Iran in the latest round of talks affected oversupply worries in the markets

19.05.2025 Oil

Oil heading for 2nd consecutive weekly gain with US-China trade truce

- Expectations of increased Iranian supply cap weekly gains with renewed prospects for nuclear deal

16.05.2025 Oil

Oil prices edge lower as oversupply fears mount amid nuclear deal talks

- Despite recent decline, prices remain on track for second consecutive weekly gain, supported by easing trade tensions between US and China

16.05.2025 Oil

Oil prices fall amid surprise rise in US crude stocks, US-Iran nuclear talks

- US Energy Information Administration reports 3.5 million barrel rise in country's commercial crude oil inventories last week, reaching 441.8 million barrels

15.05.2025 Oil

US crude oil inventories up by 0.8% for week ending May 9

- Daily crude oil production increased to around 13.38 million barrels per day

15.05.2025 Oil

OPEC daily crude output down 0.23% in April

- Global oil demand growth forecast for 2025 revised down at 1.3 million barrels per day

14.05.2025 Oil

Oil prices fall as inventory concerns offset US-China trade optimism

- Both benchmarks fall after API data show 4.3 million-barrel rise in US crude stocks, signaling weaker demand and pressuring prices

14.05.2025 Oil

Oil prices slide as US-China tariff truce sparks optimism, supply surge looms

- US and China agree to a 90-day tariff rollback, easing trade tensions after Swiss talks

13.05.2025 Oil

Oil prices rise weekly amid US inventory drop, trade talks, OPEC+ move

- Crude prices rebound sharply as demand signals strengthen and global trade tensions ease

09.05.2025 Oil

Oil up on US-UK trade deal, hopes for US-China talks

- Trade deals are expected to ease pressure on global trade and boost oil prices by improving demand prospects

09.05.2025 Oil

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US crude oil inventories down by 0.5% for week ending May 2

- Daily crude oil production decreased to around 13.36 million barrels per day

08.05.2025 Oil

Oil prices climb on US-China trade hopes, supply outlook

-Expectations that US and Chinese officials to meet this week in first formal step toward trade talks since President Donald Trump imposed sweeping tariffs on China, push oil prices up

07.05.2025 Oil

Oil prices up after sharp drop sparked by OPEC+ output hike plan

- Prices rebound on profit-taking after plunging to their lowest since February 2021 on Monday, following OPEC+ decision by 8 members to boost output.

06.05.2025 Oil

Oil prices slide as OPEC+ moves to boost output

- Key producers Saudi Arabia and Russia are set to lead the increase, with analysts saying move points to rise in global oil supply over coming months

05.05.2025 Oil