SINGAPORE, Nov 6 Reuters Oil prices fell as much as 2 on Wednesday after two sessions of gains, as the dollar surged on projections that Republican Donald Trump had won the U.S. presidential election, and as U.S. crude stocks rose more than forecast. Brent crude oil futures was down 1.17, or 1.5, to trade at 74.36 […]

SINGAPORE, Nov 5 Reuters Discounts on Iranian crude oil sold to China are at their tightest in around five years as lower exports drive up prices amid concerns that Middle East tensions may disrupt supply, trading sources said. The discounts are the narrowest since Chinese independent refiners, known as teapots, stepped in as buyers in […]

Record trading volumes driven by Middle East conflict, 2025 supplydemand concerns ICE, CME Group report record trading volumes in October OPEC production decisions, weak demand outlook influence hedging activity HOUSTON, Nov 5 Reuters Investors ramped up oil futures and options trading in October to record levels in a bid to hedge growing uncertainty as war […]

Brent up 1.9, WTI up 2 OPEC delays December output hike by one month Focus on US election, China NPC meet this week BEIJINGSINGAPORE, Nov 4 Reuters Oil prices extended gains on Monday, rising more than 1 on a decision by OPEC to delay by a month plans to increase output, while the market braced for a […]

Iran prepares strike on Israel from Iraq, Axios reports Investors also focused on US election and China39;s NPC meeting next week LONDON, Nov 1 Reuters Oil prices rose more than 2 on Friday after reports that Iran was preparing a retaliatory strike on Israel from Iraq in the coming days, though benchmarks were still set […]

Brent, WTI climb more than 2 OPEC could delay planned December oil output hike, sources say Oct 30 Reuters Oil prices rose more than 2 on Wednesday, after Reuters reported OPEC could delay a planned oil production increase scheduled to take effect in December by a month or more, due to concerns about soft oil demand and […]

Kingdom commits to daily crude capacity Saudi Arabia to refresh national climate pledge Carbon exchange announcement expected RIYADH, Oct 29 Reuters Saudi Arabia is committed to maintaining crude capacity at 12.3 million barrels per day, Energy Minister Prince Abulaziz bin Salman said on Tuesday. Speaking at the Future Investment Initiative FII conference in Riyadh, he said the […]

Oct 29 Reuters Oil prices inched up on Tuesday after tumbling 6 in the previous session, as a U.S. plan to buy oil for the Strategic Petroleum Reserve SPR provided some support though wider concerns about weaker future demand growth exerted pressure. Brent crude futures climbed 63 cents, or 0.88 to 72.05 a barrel by […]

Brent, WTI down more than 3bbl in early trade Israel hits Iran military facilities, no oil disruption Iran says Israel39;s attack caused only limited damage SINGAPORE, Oct 28 Reuters Oil prices tumbled more than 3 a barrel on Monday after Israel39;s retaliatory strike on Iran over the weekend bypassed Tehran39;s oil and nuclear facilities and did not […]

LONDON, Oct 24 Reuters Oil prices were broadly stable on Thursday as uncertainty around conflict in the Middle East and reports of North Korean troops ready to help Russia in Ukraine kept traders on edge ahead of the U.S. presidential election. Brent crude futures were up 46 cents, or 0.6, at 75.42 a barrel by […]