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Oil prices stable amid focus on attacks on Russian oil assets and peace talks

Oil prices rose: Brent to $63. 02, WTI to $59.36. Attacks on Russian oil pipelines and lack of progress in peace talks contribute to rising prices.

Economy • December 4, 03:09 PM • 2612 views
Oil prices stable amid drone strikes on Russian energy facilities and US-Venezuela tensions

Brent crude futures rose to $63. 24, WTI to $59.42. This comes amid an assessment of risks from drone strikes on Russian energy facilities and escalating US-Venezuela relations.

Economy • December 2, 06:53 AM • 2902 views
Oil prices fall amid expectations of progress in peace talks between Russia and Ukraine

Brent crude futures fell 0. 5% to $62.8 a barrel, while US West Texas Intermediate crude futures lost 0.6% to $58.33. The price decline is linked to expectations of progress in peace talks between Russia and Ukraine, which could lead to the lifting of sanctions on Russian supplies.

Economy • November 27, 07:51 AM • 3086 views
Oil prices rose by 2% after an oil depot in Novorossiysk was hit

Brent crude futures rose 1. 97% to $64.25 a barrel, and WTI gained 2.13% to $59.94. This happened after a drone attack on an oil depot in Novorossiysk, raising concerns about supplies.

Economy • November 14, 07:37 AM • 3433 views
IEA: Russia's oil export revenues fell to a one-year low

Russia's revenues from crude oil and fuel exports significantly decreased in October to $13. 1 billion. This is $2.3 billion less than last year, due to falling prices, reduced exports, and Ukrainian strikes.

Economy • November 13, 03:14 PM • 3271 views
Oil prices fall amid rising US inventories and OPEC forecast change

Oil prices fell on Thursday, extending losses from the previous session, amid rising US crude inventories and OPEC's forecast of supply exceeding demand in 2026. Brent is at $62.71 a barrel, and WTI is at $58.46 a barrel.

Economy • November 13, 07:15 AM • 4983 views
Billions of barrels of oil are accumulating on tankers in the oceans, indicating tensions due to sanctions - Bloomberg

A significant portion of the increase in oil volume on tankers since late August comes from sanctioned countries. This indicates disruptions in oil trade and threatens the revenues of sanctioned oil-producing states.

Economy • November 12, 11:00 AM • 5847 views
Oil prices fall amid oversupply fears and risks from US sanctions against Russian oil companies

Brent and WTI crude futures fell by 0. 4% and 0.5% respectively, due to oversupply concerns. This happened despite uncertainty about the impact of US sanctions on Russian oil companies and optimism about the resumption of the US government's work.

Economy • November 11, 08:58 AM • 3250 views
Oil prices fall again due to oversupply fears

Oil prices are falling for the second consecutive week due to supply exceeding demand. US crude oil inventories rose by 5.2 million barrels, exacerbating oversupply concerns and price drops.

Economy • November 7, 07:45 AM • 9678 views
Oil prices rise after falling to two-week lows

Oil prices rose on Thursday after hitting two-week lows, with Brent and WTI futures increasing by 0. 27% and 0.3% respectively. Easing sanctions and OPEC+'s production plan influenced the market, but demand concerns persist.

Economy • November 6, 06:26 AM • 3712 views
Oil prices fell amid market downturn and strong dollar pressure

Brent and WTI crude futures fell amid a general downturn in financial markets and a strengthening US dollar. Investors assessed supply prospects and growing US oil inventories.

Economy • November 5, 06:23 AM • 5498 views
Oil prices rise after OPEC+ decision to suspend production increase in Q1

Brent crude futures rose 0. 37% to $65.01 a barrel, and West Texas Intermediate rose 0.34% to $61.19. This happened after OPEC+ decided to suspend production increases in the first quarter of next year, easing fears of an oversupply.

Economy • November 3, 06:25 AM • 4655 views
OPEC+ prepares for moderate oil production increase in December – Bloomberg

OPEC+ is preparing to approve a small increase in oil production in December, in line with its strategy of gradually restoring volumes. The decision will be made at an online meeting on Sunday, despite falling oil prices and sanctions against Russian companies.

Economy • November 2, 01:31 PM • 4005 views
Oil prices fall for third consecutive month amid strong dollar and ample supply

Brent and WTI crude oil prices fell by 0. 55% and 0.71% respectively, heading for their third monthly decline. A strengthening dollar and a slowdown in manufacturing activity in China affected the market, while increased supply from OPEC+ and the US offset the impact of sanctions.

Economy • October 31, 06:33 AM • 3346 views
Oil prices fall: heading for a 3% monthly decline

Oil prices fell on Thursday, despite US President Donald Trump's announcement of tariff reductions for China. Brent and WTI crude futures fell by 0.31% and 0.33% respectively.

Economy • October 30, 07:21 AM • 3385 views
Oil prices fall amid fears of sanctions against Russia and increased OPEC+ production

Brent crude futures fell 7 cents to $64. 33 a barrel. U.S. West Texas Intermediate crude futures fell 7 cents to $60.08.

Economy • October 29, 06:19 AM • 4290 views
Oil prices fall amid OPEC+ plans impacting optimism over US-China trade deal

Brent and WTI crude oil prices slightly decreased amid OPEC+ plans to increase production and optimism regarding a trade agreement between the US and China. Investors are also assessing the effectiveness of sanctions against Russia.

Economy • October 28, 07:36 AM • 4065 views
OPEC+ prepares small oil output hike in December – delegates

OPEC+ is preparing a moderate increase in oil production of 137,000 barrels per day in December, as part of a phased restoration of volumes. This decision takes into account the oversupply and falling demand in China, as well as the desire to regain lost market share.

Economy • October 27, 07:06 PM • 4124 views
Oil surplus gains momentum: a record 1.4 billion barrels accumulated at sea

The volume of oil on global tankers has reached 1. 4 billion barrels, the highest figure since 2016. Experts predict a further decline in prices due to record reserves and increased production.

Economy • October 27, 05:50 PM • 12157 views
Trump's path to tightening the screws on Russia opened by oil surplus on the market - FT

US President Donald Trump this week imposed sanctions on Rosneft and Lukoil, using the surplus of oil on the global market to weaken Russia's war chest. This move was made possible by a significant drop in global oil prices, which allowed Washington to more aggressively target Russian oil.

Economy • October 24, 08:25 AM • 4587 views
Kuwait says OPEC countries are ready to increase production if necessary

Kuwait states OPEC's readiness to increase oil production if demand rises, especially after new US sanctions against Russian energy companies. The price of Brent crude rose by more than 5%, reaching $66 per barrel.

Economy • October 23, 08:00 PM • 4013 views
Oil prices rose by 3% after US sanctions against Rosneft and Lukoil

Brent and WTI crude futures jumped 3% after the US imposed sanctions on Rosneft and Lukoil, forcing Indian buyers to reconsider purchases. This caused oil prices to rise, but experts doubt a long-term structural shift in the market.

Economy • October 23, 05:39 AM • 3565 views
A key factor for stabilizing oil prices in 2026 will be the deficit of investments in production - Var Energi

The Norwegian company Var Energi expects the global oil market to stabilize in 2026, with prices above $60 per barrel. The deficit of investments in production is named as a key factor supporting prices.

Economy • October 21, 01:12 PM • 2788 views
Oil prices fall for second consecutive day amid oversupply fears

Brent and WTI crude futures fell amid oversupply concerns and demand risks. Analysts predict an oil surplus until 2026, which could lead to further price declines.

Economy • October 21, 06:00 AM • 5479 views
Oil prices rose amid easing trade tensions between the US and China

Oil prices rose on Tuesday as early signs of easing trade tensions between the US and China boosted market sentiment. Brent crude futures rose 0.4% to $63.54 a barrel, while US WTI rose 0.4% to $59.71 a barrel.

Economy • October 14, 05:59 AM • 5075 views
Oil prices rose 1.5% after OPEC+ announced a modest production increase

Oil prices rose by about 1. 5% after OPEC+ announced a smaller-than-expected production increase of 137,000 barrels per day from November. Analysts expect short-term gains to be limited by weak demand and seasonal declines.

Economy • October 6, 05:32 AM • 3678 views
OPEC+ countries to increase oil production by almost 140,000 barrels per day

OPEC+ countries have agreed to increase oil production by 137,000 barrels per day from November to regain market share. This decision was made despite differing views between Russia and Saudi Arabia on the volume of the increase.

Economy • October 5, 01:06 PM • 5631 views
Russia's oil revenues fell by a fifth - Bloomberg

Russia's oil revenues in September fell by 20% compared to last year, amounting to 483. 5 billion rubles. This is due to falling world oil prices and a strengthening ruble.

News of the World • October 3, 01:57 PM • 4457 views
Oil on track for steepest weekly price drop in 3.5 months

Oil prices rose on Friday after four consecutive sessions of declines. Market expectations for increased OPEC+ production led to the steepest weekly drop since late June.

Economy • October 3, 05:23 AM • 3519 views
Oil prices rise after falling amid fears of sanctions against Russia

Brent and WTI crude futures rose by 0. 31% and 0.32% respectively, after falling for the previous three sessions. The increase is due to the potential tightening of sanctions on Russian oil and WTI approaching the $60 support level.

Economy • October 2, 07:49 AM • 2802 views