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.
Oil prices fell for a second consecutive session on expectations of the outcome of Russian-Ukrainian peace talks. This could increase supply and heighten fears of an oil surplus amid rising inventories.
Brent crude futures fell to $63. 10 a barrel, WTI to $58.61. The decline comes amid fears that supply will outstrip demand next year, despite sanctions on Russian supplies.
Oil prices took a breather after last week's decline as investors weigh the chances of a US rate cut and a possible peace deal between Russia and Ukraine. Brent and WTI crude futures hit their lowest levels since October 21.
Oil prices remain stable after the resumption of operations at Russia's export hub in Novorossiysk. This followed a two-day hiatus caused by a Ukrainian attack on the Black Sea port.
Brent and WTI crude futures fell by 0. 34% and 0.36% respectively, maintaining gains from the previous session. The resumption of the US government's work is expected to boost oil demand.
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.
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.
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.
Brent crude futures fell 7 cents to $64. 33 a barrel. U.S. West Texas Intermediate crude futures fell 7 cents to $60.08.
The European diesel fuel market is experiencing price increases due to US sanctions against Russian oil companies and refinery disruptions. The premium of diesel futures compared to Brent crude oil contracts has reached a 20-month high.
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.
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.
The US Treasury Department imposed sanctions against Rosneft and Lukoil, which led to a 3% increase in oil prices. Expert Oleh Pendzyn predicts price stabilization, despite a possible market deficit.
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.
Oil prices rose by more than 1% for the second consecutive day due to risks of supply disruptions and hopes for a trade deal between the US and China. The US also plans to replenish its strategic oil reserves.
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.
Brent crude futures fell to $61. 05 a barrel, and US West Texas Intermediate crude to $57.3. This decline marks the third consecutive weekly drop, driven by concerns about a global supply surplus and slowing economic growth due to US-China trade tensions.
Oil prices are down 3% for the week. This comes amid uncertainty over global supplies after Trump and Putin agreed to meet on the war in Ukraine.
Oil prices rose by 1% after Donald Trump's statement about India stopping purchases of Russian oil. Brent futures rose to $62.45, WTI to $58.84.
Oil prices rose after hitting a five-month low, as investors hope for talks between the US and Chinese presidents. This could ease trade tensions between the world's two largest economies.
Brent crude futures fell 7 cents to $65. 15 a barrel, while U.S. WTI crude fell 2 cents to $61.49. This happened after Israel and Hamas agreed on the first phase of a plan to end the war in Gaza.
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.
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.
Deliveries of Russian oil to India decreased in September amid negotiations with the US, amounting to 1. 61 million barrels per day. This is 16% lower than last year's figures, although Russian oil still accounts for about a third of India's total imports.
Oil prices fell on Tuesday due to an expected increase in OPEC+ production and the resumption of exports from Iraqi Kurdistan. Brent futures for November delivery fell to $67.43 per barrel, while US WTI crude traded at $62.95 per barrel.
Oil prices rose, reaching their highest weekly gain since June, due to attacks on Russian energy infrastructure, which led to a reduction in fuel exports and a decrease in oil production. Brent futures rose to $69.55 per barrel, and WTI to $62.22 per barrel.
Brent crude futures rose to $67. 82 a barrel, while WTI rose to $63.62. The price increase is due to a decrease in oil inventories in the US and the cessation of exports from Iraqi Kurdistan.
Oil prices are rising after a three-week decline on expectations of new EU sanctions against Russia and Ukrainian attacks on infrastructure. November Brent futures reached $67.06, and WTI — $63.02.
Oil prices rose after OPEC+'s decision to increase production less significantly and rumors of new sanctions against Russia. Brent and WTI rose to $66.37 and $62.58 per barrel, respectively.