Oil prices fell after the US government released data on increased inventories of crude oil, gasoline and distillates. At the same time, concerns remain about a possible Israeli strike on Iranian nuclear facilities.
The price of Brent and WTI oil fell due to expectations of an agreement between the US and Iran regarding sanctions, as well as due to an unexpected increase in oil reserves in the United States.
Prices for Russian oil have been falling for the fifth week in a row, bringing the cost of exports close to a two-year low. Production has increased, but falling prices negate profits.
Oil prices rose following statements from the US and China about progress in trade negotiations. Both sides expressed optimism about resolving the dispute.
Oil prices rose, supported by positive sentiment regarding trade negotiations between the US and China. Signs of a decline in US shale oil production also had an impact.
The average price of Urals and ESPO fell to 3,987 rubles per barrel, which is 40% lower than the Russian government's forecast for 2025. As a result, the government raised its budget deficit estimate for 2025.
Oil prices rose in Asian trading, recovering from a fall to their lowest level since 2021. The reason for the fall was concerns about the consequences of the trade war between the US and China.
Futures fell by 2. 1% due to concerns about a global surplus. Strong renewable energy production in Europe is also putting pressure on demand for fossil fuels.
Shell is considering acquiring BP due to the fall in the latter's share value. The decision will depend on further BP quotations, but Shell also has alternative development scenarios.
Oil prices fell by more than $2 a barrel on OPEC+ plans to accelerate production. This raised concerns about increased supply in the market.
OPEC+ decided to increase oil production in June by 411,000 barrels per day. This is happening against the backdrop of falling prices due to fears of surplus and a weak economy.
Oil prices edged up after China said it was open to negotiations with the US on tariffs. This has raised hopes of a de-escalation of the trade war between the two largest economies.
Oil prices continue to decline, heading for their biggest monthly drop in more than three years. The reasons are the trade war and fears about increasing supply.
Brent crude fell to $65. 42 a barrel, WTI to $61.65. Economists fear a recession due to the trade war, Barclays lowered its oil price forecast.
Oil prices rose due to US-China trade talks and a possible increase in OPEC+ supply. Brent rose to $67.08, WTI to $63.26 per barrel.
Oil prices fell more than 3% on concerns of oversupply from OPEC+ and uncertainty over U. S.-China trade talks. A strong U.S. dollar also weighed on prices.
Russian oil companies are actively drilling wells, exceeding pre-war levels, preparing for a possible easing of OPEC+ restrictions and sanctions. This indicates the industry's adaptation to Western restrictions.
Oil prices rise after falling as investors weigh OPEC+ output increase and signals on tariffs from the White House. The US and Iran are holding talks on the nuclear program.
Oil prices fell due to Kazakhstan's position on production, negating previous gains from sanctions against Iran. U.S. oil inventories fell, and Trump softened his tone on China.
Russia has worsened its forecast for oil exports this year and lowered its Urals price expectation to $56 per barrel. According to the forecast, this may require the use of reserves to cover expenses.
Oil prices fell: Brent below $67, WTI to $63. This happened amid concerns about the impact of the US trade war on demand and monitoring talks between Washington and Tehran on the nuclear program, which could affect supplies.
Oil prices rose thanks to exemptions from tariffs from Trump and the recovery of Chinese oil imports. Unstable US trade policy has created uncertainty in oil markets.
Oil prices fell after Trump escalated the trade war with China, despite announcing a 90-day pause in tariffs. China has already imposed tariffs on 84% of goods from the US.
Oil prices fell to their lowest level since February 2021 due to concerns about demand amid the US-China trade war. An oil surplus is expected in the market due to increased OPEC+ production.
Oil supplies from Russia fell to 3. 23 million barrels per day. Moscow bypasses sanctions by delivering oil to India and China, reloading it from ship to ship.
Analysts at Goldman Sachs Group Inc. predict that Brent crude oil prices will fall to just below $40 a barrel by the end of 2026. This is due to slowing GDP growth and the abandonment of OPEC+ production cuts.
WTI oil prices fell due to escalating trade tensions between the US and China, raising fears of recession and falling demand. OPEC+ accelerated production increases.
Brent futures fell by 6. 58%, WTI - by 7.07%. The fall occurred after OPEC+ decided to increase oil production and Trump announced new duties.
Brent oil is trading below $75 a barrel. Traders are awaiting an announcement on tariff measures from US President Donald Trump.
Oil prices rose due to investor fears after Trump threatened to impose secondary duties on Russian oil and warnings to Iran. Analysts believe that Trump may not fulfill his threats.
