Oil rises on tighter OPEC supply, US jobs data
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while data showing an unexpected increase in U.S. jobs openings pointed to expanding economic activity and consequent growth in oil demand.
Oil prices head higher, on track to settle at the highest since October
Oil futures headed higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with, buoyed by expectations for stronger demand.
Oil hits a near three-month high on concerns over supply disruptions
Oil prices hit a near three-month high on Wednesday as concerns about supply disruptions and optimism over rising demand supported the market. “Concerns over Iranian and Russian oil flows will also be providing some support,
Oil prices surge as OPEC supply drops, US crude stocks decline
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while U.S. crude oil stocks fell last week, market sources said, citing American Petroleum Institute figures. Also supporting prices was an unexpected increase in U.
Oil prices end higher, lifted by a 'bullish outlook' for the year ahead
Oil futures on Tuesday marked their highest settlement since October, posting their sixth gain in seven sessions. A lot of the recent trade activity has been driven by “hedge
Crude oil price hit three-week high amid concerns over supply
Crude oil prices rose to a three-week high amid mounting concerns over supply disruptions and increasing demands. However, technical analysts caution that oil markets may be over-bought. View on euron
Oil prices settle up on possible supply disruption, hopes for China demand
Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western sanctions and expected higher Chinese demand. Brent crude futures settled at $77.05 a barrel,
Oil Supported by Stronger Fundamentals, Supply Concerns
Oil prices were rising in early trade, supported by a stronger physical market and concerns over Russian and Iranian flows.
Crude Oil Prices6h
Large Jump in Fuel Inventories Outweighs Crude Draw
Crude inventories at the Cushing Oklahoma hub continue to draw, but a large increase in gasoline and distillate stockpiles resulted in an increase in commercial petroleum inventories ...
Oil rises on signs of tighter market; key Chinese port said to ban U.S.-designated vessels
Crude oil futures rise on Chinese stimulus hopes and weather demand, while concerns over Iranian supply disruptions support ...
TheCable14h
Prioritise crude oil supply to local refineries, group tells NNPC
A group of concerned Nigerian citizens has called on the Nigerian National Petroleum Company (NNPC) Limited to prioritise ...
Oil prices edge up as U.S. crude supplies fall, gasoline stocks climb
Oil futures edged a bit higher on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh strai ...
Crude oil futures decline as market expects comfortable supply in 2025
Crude oil futures decline as market anticipates comfortable supply in 2025, while natural gas and guargum prices rise.
Oil News: Crude Faces Bearish Pressure with 200-Day Average in Sight
Oil futures hover near key support as demand weakens. Traders eye $72.35 for clues on crude’s next move. Can supply tightness ...
Ample supply, slow demand to temper oil price gains in 2025: Reuters poll
Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are ...
The Punch Newspapers21h
Dangote refinery retained 13% of Nigeria’s crude exports – Report
The Dangote Petroleum Refinery retained 13 per cent of Nigeria’s crude oil exports as domestic supply in 2024, a new report ...