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Oil prices steady ahead of imminent OPEC+ decision
Oil prices steady ahead of imminent OPEC+ decision; geopolitical turmoil in focus
Oil prices were little changed on Wednesday, with traders expecting OPEC+ to announce an extension to supply cuts this week while heightened geopolitical tensions continue to dominate market sentiment.
Oil Prices Tick Higher on Crude Inventory Draw
Crude oil prices rose following a surprise inventory draw reported by the EIA, but concerns about global demand persist.
Oil Prices Steady; OPEC+ Meeting in Focus
Oil futures were steady in early Asian trade as market participants await the outcome of an OPEC+ meeting later this week.
New sanctions on Iran's shadow fleet
Live news: Oil prices jump after US imposes new sanctions on Iran’s ‘shadow fleet’
Oil prices rose about 3 per cent after the US imposed additional sanctions on 35 entities and vessels that it said are part of a “shadow fleet” that plays a “critical role i
US Deepens Sanctions on Iran's 'Shadow' Oil Fleet
The sanctions build on those previously imposed on Oct. 11 and come in response to Iran's Oct. 1 attack on Israel and to its announced nuclear escalations, the U.S. Department of Treasury said in a statement.
US Ramps Up Sanctions on Iran's Shadow Fleet
The U.S. Department of the Treasury has increased sanctions on 35 Iranian vessels and ship management companies, targeting the petroleum industry.
4h
on MSN
Oil Seen Below $60 by Middle of New Trump Term, Survey Shows
Banks are gearing up for US oil prices to fall below $60 a barrel by the middle of President-elect Donald Trump’s new term in ...
20h
Oil headed to $65 per barrel in 2025 amid ample supply, BofA says
Wall Street analysts are forecasting a bearish market for oil next year, as the world's electrification shift progresses and ...
Crude Oil Prices
1h
China's Export Ban Sends Antimony Prices Soaring 40% in One Day
China's export ban on critical minerals like antimony to the US sent prices soaring and threatens US military and tech ...
5h
OPEC+ Dilemma and Trump Uncertainty Keep Oil Volatility Sliding
With OPEC+ set to make a pivotal decision on production policy, oil prices remain resolutely rangebound, even with a second ...
1d
Most Gulf markets gain as oil prices rise
Most stock markets in the Gulf were up in early trading on Tuesday as oil prices rose, while escalating tensions in the ...
Crude Oil Prices
1d
Russia’s ESPO Crude Prices Jump to 2022 High on Strong Chinese Demand
Russia's ESPO crude oil is experiencing its highest price premium against Brent since the Ukraine war due to strong winter ...
Business Recorder
1d
Palm oil rises tracking rival oils
Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market.
1d
Major Gulf equities track higher oil prices; Qatar flat
Major Gulf stock markets ended higher on Tuesday, fueled by rising oil prices, as investors bet on OPEC+ extending its ...
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