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World oil prices fell below $61 amid expectations of Zelenskyy-Trump meeting

World oil prices for Brent and WTI fell by more than 2% due to expectations of a significant supply surplus in 2026 and US diplomatic activity. Traders are selling off contracts ahead of the Zelenskyy-Trump meeting, where a peace plan will be discussed.

Economy • December 26, 08:57 PM • 4996 views
Oil prices rose slightly as the market assessed supply risks

Oil prices rose on Friday after the US increased economic pressure on Venezuelan oil supplies and launched airstrikes against militants in Nigeria. Brent futures rose to $62.30 and WTI to $58.41 amid low market activity due to the Christmas holidays and expectations of an annual price decline.

Economy • December 26, 06:30 AM • 5869 views
Britain expanded sanctions against Russia's energy sector, blocking three oil companies

Great Britain imposed sanctions against three Russian oil companies: PJSC Tatneft, PJSC Russneft, and PJSC NNK. This expansion of sanctions pressure is aimed at reducing Russia's revenue from energy exports, covering almost 60% of Russian oil exports to key markets.

Economy • December 18, 02:16 PM • 3061 views
Oil heads for weekly decline amid caution and optimism about a peace deal between Russia and Ukraine

Brent and WTI crude futures rose by 0. 70%-0.75% due to fears of supply disruptions from Venezuela. This happened after the US seized a tanker with Venezuelan oil and amid cautious market sentiment.

Economy • December 12, 06:45 AM • 3208 views
Oil market to face "super-oversupply" due to rising supply – traders

The oil market will face a "super-oversupply" next year due to rising supply and weak demand, warns trader Trafigura. A record surplus of over 4 million barrels per day is expected, which has already led to a 16% drop in Brent crude prices this year.

Economy • December 9, 02:13 PM • 3228 views
Oil prices fall amid peace talks on the war in Ukraine and expectations of a US Fed decision

Oil prices fell on Tuesday after a 2% drop the previous day. Brent futures fell to $62.41 a barrel, and WTI to $58.75.

Economy • December 9, 06:19 AM • 3704 views
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 • 3484 views
Oil prices fell as markets watched Russia-Ukraine peace efforts

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.

Economy • December 3, 06:24 AM • 3628 views
Oil prices fall amid supply concerns and Ukraine war talks

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.

Economy • November 25, 07:16 AM • 3503 views
Oil prices calmed after falling amid expectations of Fed rate and prospects of a deal between Ukraine and Russia

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.

Economy • November 24, 07:25 AM • 3612 views
Oil prices stabilized after loading resumed in Novorossiysk

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.

Economy • November 17, 06:54 PM • 3467 views
Oil prices fall after a jump amid expectations of a US shutdown end

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.

Economy • November 12, 08:09 AM • 3275 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 • 9741 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 • 5549 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 • 4698 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 • 4315 views
Diesel prices in Europe are soaring due to sanctions and refinery disruptions – Bloomberg

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.

Economy • October 28, 05:57 PM • 9402 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 • 4097 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 • 4633 views
Exclusive
Imposing sanctions against Rosneft and Lukoil: expert explained how it will affect the global oil market

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.

Economy • October 23, 02:19 PM • 33968 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 • 3592 views
Oil prices rose by over 1% amid supply risks and US-China trade talks

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.

Economy • October 22, 05:58 AM • 2536 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 • 5501 views
Oil prices fall amid fears of US-China trade tensions

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.

Economy • October 20, 05:36 AM • 3882 views
Oil prices fall 3% for the week amid Trump-Putin agreement on meeting

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.

Economy • October 17, 08:02 AM • 3665 views
Oil prices rose after Trump's statement about India's promise to stop buying from Russia

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.

Economy • October 16, 05:19 AM • 3690 views
Oil recouped some price losses due to US-China tensions

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.

Economy • October 13, 05:58 AM • 3375 views
Oil prices fell further after a 1.6% drop amid Israel-Hamas deal

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.

Economy • October 10, 05:20 AM • 3875 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 • 4480 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 • 2817 views