Oil little changed as Trump arrives in China; US oil stocks fall more than expected Updated 13 May, 2026 09:37pm Brent crude futures were down 15 cents, or 0.1%, to $107.62 a barrel at 1503 GMT
Oil market: panic remains conspicuously absent Updated 13 May, 2026 08:07am The oil market is behaving like a man standing in a burning room insisting the fire alarm is probably faulty. Three...
Oil prices jump on latest US-Iran peace process impasse Updated 12 May, 2026 06:19pm Brent crude futures gain $3.47, or 3.3%, to $107.68 a barrel by 1045 GMT
Brent eases as tensions fade Updated 03 Feb, 2026 06:50am Oil prices pulled back sharply at the start of the week, with Brent sliding to around $66 per barrel on Monday, a...
BR RESEARCH: Steady hands – softening oil market Updated 05 Dec, 2025 07:38am Opec Plus has opted for continuity at a time when the oil market is steadily losing altitude. The group’s decision...
World oil market to see huge glut in 2026: IEA Published 15 Oct, 2025 05:55am LONDON: The world oil market faces an even bigger surplus next year of as much as 4 million barrels per day as OPEC+...
Oil prices stable ahead of Trump-Putin meeting in Alaska Updated 15 Aug, 2025 04:04pm Brent crude futures were up 49 cents, or 0.75%, at $66.12 a barrel
OPEC lifts 2026 oil demand view and trims supply growth from rivals Published 12 Aug, 2025 06:06pm LONDON: OPEC on Tuesday raised its forecast for global oil demand next year and trimmed its forecast for growth in...
OPEC+ panel likely to keep oil policy steady on Monday Published 25 Jul, 2025 06:11pm LONDON/MOSCOW: An OPEC+ panel is unlikely to alter existing plans to raise oil output when it meets on Monday, four...
Oil eases 1% as US fuel stock builds put focus on demand Updated 16 Jul, 2025 08:44pm HOUSTON: Oil prices fell about 1% on Wednesday as U.S. fuel inventory builds reinforced views in the market of...
Oil eases as Trump’s 50-day deadline for Russia reduces supply fears Updated 15 Jul, 2025 09:55pm NEW YORK: Oil prices edged lower on Tuesday after U.S. President Donald Trump’s 50-day deadline for Russia to end...
Oil steadies near three-week high on signs of tighter supply Updated 14 Jul, 2025 09:56pm LONDON: Oil prices steadied on Monday, holding close to their highest level in three weeks, as investors eyed...
OPEC+ speeds up oil output hikes, adds 548,000 bpd in August Published 05 Jul, 2025 03:26pm LONDON: OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating...
OPEC+ set to make another accelerated oil output hike on Saturday, sources say Published 04 Jul, 2025 04:35pm LONDON: Eight OPEC+ countries are likely to make another accelerated oil output increase for August at a meeting on...
Oil prices ease as market assesses Middle East tension Updated 12 Jun, 2025 02:27pm LONDON: Oil prices eased on Thursday, reversing gains made earlier in the Asian trading session, as market...
Saudi Arabia cuts July oil prices to Asia to 4-year low after OPEC+ supply boost Published 04 Jun, 2025 08:51pm Saudi Arabia, the world’s biggest oil exporter, cut its prices for Asian crude buyers close to the lowest level in...
Oil prices climb 2% to 2-week high on geopolitical tension concerns Updated 03 Jun, 2025 10:15pm LONDON: Oil edged up on Tuesday, in the face of rising geopolitical tensions as the war in Ukraine ramped up despite...
Oil leaps 4% after OPEC+ keeps output increase unchanged Updated 02 Jun, 2025 08:17pm LONDON: Oil prices jumped by about 4% on Monday after producer group OPEC+ kept output increases in July at the same...
South Africa wants $100 a barrel oil before selling more crude stocks Published 21 May, 2025 08:23pm CAPE TOWN: South Africa will wait for global oil prices to rise to around $100 a barrel before selling more of its...
Oil markets: Geopolitics and Opec+ at the core Published 27 Mar, 2025 06:56am Oil prices have been climbing, but not without turbulence. A confluence of geopolitical manoeuvres, supply...
Balancing act: OPEC+ gambles on price stability Published 24 Dec, 2024 08:52am OPEC+ has once again proved its knack for maneuvering the ever-precarious oil markets, this time extending...
Oil edges lower on IEA surplus forecast Updated 12 Dec, 2024 10:06pm NEW YORK: Oil prices were down more than 1% on Thursday as a forecast for ample supply in the oil market offset...
Oil rises 1% as EU agrees further sanctions threatening Russian oil flows Updated 11 Dec, 2024 09:50pm Oil prices rose more than 1% on Wednesday after the European Union agreed an additional round of sanctions...
Oil prices on track for weekly loss as Chinese demand wanes Updated 15 Nov, 2024 10:54pm For the week, Brent set to fall 2.9% while WTI set to decline 3.6%
Strong dollar weakens oil Published 15 Nov, 2024 08:26am Following Donald Trump’s historic return to the White House, the US dollar has gone on to a bull rally, seeing it...
Oil bears are back with a bang Published 11 Sep, 2024 09:12am As crude oil prices hover around the $68 mark (lowest in over a year), the oil market stands poised for a pivotal...
Oil prices fall on demand concerns, Brent below $70, near 3-year low Updated 10 Sep, 2024 09:16pm Brent crude futures down $2.33, or 3.24%, at $69.51 a barrel
Morgan Stanley cuts Brent crude price view as market signals demand softness Published 09 Sep, 2024 04:46pm Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is...
Oil gains as Libyan supply woes counter modest US stock draw Updated 29 Aug, 2024 09:16pm Oil prices edged higher on Thursday, after two losing sessions, as concerns over Libyan supplies helped offset a...
OPEC cuts 2024 oil demand growth forecast, citing China Published 12 Aug, 2024 04:55pm LONDON: OPEC on Monday cut its forecast for global oil demand growth in 2024, citing weaker than expected data for...