Tag: crude oil

Oil prices climb on supply disruptions and currency market shifts

Oil prices extended gains, settling above $72 a barrel as supply concerns,…

China adds U.S. firms to blacklist in retaliation for Trump tariffs

China imposes new tariffs on U.S. goods, launches an antitrust probe into…

Brent and WTI crude decline after weak economic reports in US and Germany

Oil prices fell 1% amid weak economic data from the US and…

Brent crude climbs above $76 as US stockpile drawdown fuels rally

Oil prices surged to multi-month highs as US crude stockpiles fell for…

WTI crude climbs 0.71% following U.S. crude stockpile decline

Oil prices rose Wednesday after U.S. crude inventories fell, but gains were…

GCC countries dominate Japan’s oil imports with 81.4% share in September

Japan imported 72.87 million barrels of oil in September, with UAE and…

Saudi Arabia and OPEC+ allies agree to cut oil output by 1.16 million bpd

Saudi Arabia and other OPEC+ oil producers announced further oil output cuts…

As concerns over demand rise, crude oil falls to a 7-month low

As the impact of COVID-19 curbs in top crude importer China and…