Latest Updates Around The World
Oil prices have returned to the center of market attention after the United States captured Venezuelan President Nicolas Maduro over the weekend, a development that has already shifted sentiment in global crude markets and is likely to shape how Indian stocks, the rupee and energy stocks trade when markets open on Monday.The U.S. move has […]
Oil prices were little changed on Wednesday but are expected to fall more than 15% in 2025 as supply exceeds demand in a year marked by wars, higher tariffs, OPEC+ production and sanctions on Russia, Iran and Venezuela. Brent crude futures, down nearly 18% – the most substantial annual percentage decline since 2020 – are […]
Oil prices fell more than 2% on Friday as investors factored in a looming global supply glut, while also keeping an eye on a potential peace deal in Ukraine ahead of this weekend’s talks between Ukrainian President Volodymyr Zelenskiy and US President Donald Trump. Brent crude futures fell $1.60, or 2.57%, to $60.64 a barrel. […]
Major U.S. stock indexes closed around record highs on Friday, little changed since the start of a quiet post-Christmas trading session, as expectations of Federal Reserve rate cuts and the appeal of safe-haven assets pushed precious metals prices to record highs. Holidays kept markets closed in Australia, Hong Kong and most of Europe, but those […]
Oil prices rose on Friday after the US ordered increased economic pressure on Venezuelan oil shipments and carried out airstrikes on Islamic State militants in northwestern Nigeria at the request of the Nigerian government. Brent crude futures rose 24 cents, or 0.4%, to $62.48 a barrel by 0114 GMT. U.S. West Texas Intermediate (WTI) crude […]
Oil prices rose in early trading on Monday after the US intercepted a Venezuelan oil tanker over the weekend. Brent crude futures rose 44 cents, or 0.73%, to $60.91 a barrel by 0141 GMT, while U.S. West Texas Intermediate (WTI) crude rose 40 cents, or 0.71%, to $56.92. The US Coast Guard is also pursuing […]
Oil prices rose more than 1% on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela, raising new geopolitical tensions at a time of demand concerns.Brent crude futures rose 87 cents, or 1.5%, to $59.79 a barrel at 0730 GMT, while U.S. West […]
Oil prices held steady on Tuesday after falling 2% in the previous session as market participants kept a close eye on peace talks to end Russia’s war in Ukraine and a looming decision on US interest rates. Brent crude futures fell 2 cents, or 0.03%, to $62.47 a barrel at 0101 GMT. U.S. West Texas […]
Oil prices closed more than 2 percent higher on Friday as the Russian port of Novorossiisk halted oil exports after a Ukrainian drone attack hit an oil depot in the Russian energy hub, raising supply concerns.Brent crude futures rose $1.38, or 2.19 percent, to $64.39 a barrel, while U.S. West Texas Intermediate crude rose $1.40, […]
Oil prices rose in early Asian trading on Monday after OPEC+ decided to postpone production increases in the first quarter of next year, allaying growing fears of a supply glut. Brent crude futures rose 47 cents, or 0.73 percent, to $65.24 a barrel by 2336 GMT, after closing 7 cents higher on Friday. U.S. West […]
