Trends - oil rates - Business Recorder

Markets

WTI heads for weekly gains as Fed hopes boost market and Venezuela tensions loom

Brent crude fell 14 cents, or 0.2%, to $63.12 per barrel

Updated 05 Dec, 2025 12:18pm

Markets

Oil rises on expectations of Fed rate cut

HOUSTON: Oil prices rose on Thursday on investors’ expectations for the Federal Reserve to cut interest rates,...

Published 05 Dec, 2025 07:40am

Markets

Oil rises as US, China try to de-escalate trade tensions

NEW YORK: Oil prices rose on Monday after assurances that US President Donald Trump will meet his Chinese ...

Published 14 Oct, 2025 07:48am

Markets

Oil pulls back from 7-week high

NEW YORK: Oil prices eased in Asian trade on Thursday, retreating from a seven-week high reached in the prior ...

Published 26 Sep, 2025 06:23am

Markets

Oil hits 3-week high

NEW YORK: Oil prices climbed about 1 percent to a three-week high on Wednesday as a surprise drop in US weekly crude...

Published 25 Sep, 2025 05:59am

Markets

Oil lower on US demand concerns

NEW YORK: Oil prices eased on Wednesday after data showed an increase in US diesel stockpiles, stoking worries about...

Published 18 Sep, 2025 06:00am

Markets

Oil gains as Ukraine drone attacks target Russian supply

NEW YORK/LONDON: Oil prices rose over 1percent on Tuesday as markets weighed the possibility that Russian supplies...

Published 17 Sep, 2025 06:20am

Markets

Oil prices slide on oversupply

NEW YORK: Oil prices slid about 2% on Thursday on concerns over softening US demand and broad oversupply that offset...

Published 12 Sep, 2025 05:54am

Markets

Oil rises 1pc ahead of OPEC+ meeting

HOUSTON: Oil prices rose on Tuesday ahead of an upcoming OPEC+ meeting on Sunday, in which analysts expect the group...

Published 03 Sep, 2025 06:01am

Markets

Oil ticks lower

NEW YORK: Oil prices edged lower on Thursday, pressured by expectations of lower US fuel demand at the end of the...

Published 29 Aug, 2025 05:52am

Markets

Oil falls from highest in almost 3 weeks

NEW YORK: Oil prices fell by about 2 percent on Tuesday a day after surging nearly 2 percent, as investors watched...

Published 27 Aug, 2025 06:13am

Markets

Oil prices gain as Ukraine peace process stalls

HOUSTON: Oil prices edged up on Friday as hopes of an imminent peace deal between Russia and Ukraine faded, putting...

Published 24 Aug, 2025 03:01am

Markets

Oil prices rise on drop in US crude inventories

NEW YORK: Oil prices climbed about 1% on Wednesday on a bigger-than-expected weekly drop in US crude inventories as...

Published 21 Aug, 2025 06:06am

Markets

Oil steadies on reports of US-Russia deal

HOUSTON: Oil held steady on Friday as markets awaited a meeting in coming days between Russian president Vladimir...

Published 10 Aug, 2025 05:07am

Markets

Oil prices gain on Russian gasoline ban, US trade optimism, crude inventories

HOUSTON: Oil prices rose on Thursday, lifted by expected cuts in Russian gasoline supply and optimism over US trade...

Published 25 Jul, 2025 05:59am

Markets

Oil rises on Mideast risk

HOUSTON: Oil prices rose on Thursday as analysts pointed to low inventories and renewed Middle East risks as factors...

Published 18 Jul, 2025 06:21am

Markets

Oil eases as Trump’s 50-day deadline for Russia reduces supply fears

NEW YORK: Oil prices edged lower on Tuesday after US President Donald Trump’s 50-day deadline for Russia to end ...

Published 16 Jul, 2025 05:47am

Markets

Oil falls as Trump gives Russia 50 days to avoid new sanctions

NEW YORK: Oil prices edged lower on Monday, as investors weighed new threats from US President Donald Trump for...

Published 15 Jul, 2025 05:50am

Markets

Oil rises on signs of strong demand

NEW YORK: Oil prices edged higher on Tuesday as investors took stock of positive demand indicators, while also...

Published 02 Jul, 2025 06:01am

Markets

Oil steadies after report of planned OPEC+ Aug output hike

HOUSTON: Oil prices edged up slightly on Friday, recovering from a midday drop into negative territory following a...

Published 29 Jun, 2025 02:36am

Print

Geopolitics ignite oil prices once again

Crude oil prices remain volatile, navigating between tightening supply concerns and weakening demand signals. Brent...

Updated 18 Jun, 2025 08:43am

Markets

Oil steadies as US, China growth concerns weigh

NEW YORK: Oil prices steadied on Monday despite Moody’s downgrade of the US sovereign credit rating, and official...

Published 20 May, 2025 05:58am

Markets

Oil posts weekly gain but remains under supply hike pressure

HOUSTON: Oil settled higher on Friday, notching a second straight week of gains on easing US-China trade tensions,...

Published 18 May, 2025 05:42am

Markets

Oil climbs on supply worries

NEW YORK: Oil prices extended gains on Tuesday amid concerns over Russian and Iranian oil supply and sanctions...

Published 12 Feb, 2025 06:17am

Markets

Oil firms as Trump policies continue to drag on prices

NEW YORK: Oil prices edged up on Thursday after Saudi Arabia’s state oil company raised its March crude prices...

Published 07 Feb, 2025 06:32am

Markets

Oil dips, focus on Trump tariff threats vs Canada, Mexico

NEW YORK: Oil prices slipped for a second day on Thursday after US crude stockpiles rose more than expected, though...

Published 31 Jan, 2025 02:31am

Markets

Oil prices firm

HOUSTON: Oil prices were steady on Wednesday as the escalating war between major oil producer Russia and Ukraine...

Published 21 Nov, 2024 05:51am

Markets

Oil falls on Chinese stimulus disappointment

HOUSTON: Oil prices fell by more than 2% on Monday after China’s latest stimulus plan disappointed investors...

Published 12 Nov, 2024 06:38am

Markets

Oil falls as investors digest US election fallout

NEW YORK: Oil slipped on Thursday, extending a sell-off triggered by the US presidential election, as a strong ...

Published 08 Nov, 2024 06:41am

Markets

Oil rises as Middle East war rages

NEW YORK: Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle ...

Updated 23 Oct, 2024 07:59am