Category: Crude Oil Prices

 The military conflict between Iran and Israel took a turn for the worse, as some missiles passed through Israel’s layered anti-missile defence system that resulted in a damage to a major medical centre and a hospital on Thursday morning. In respo…

The energy markets are facing a challenging period, marked by rising US crude inventories that underscore a weakening demand environment and abundant supply. This situation is compounded by several geopolitical and economic developments creating signif…

 The news about serious economic woes faced by Japan could not have come at a worse time for the crude oil markets, which are struggling to come out of the stagnant phase.Prime Minister Shigeru Ishiba delivered a blunt assessment of Japan’s econom…

In an unexpected move on Saturday, the core members of OPEC+ declared plans to increase oil production by 411,000 barrels per day starting in June. The decision was made despite a recent downward trend in oil prices. This increase builds upon the…

The energy markets are currently jittery as tensions escalate between nuclear-armed South Asian neighbours India and Pakistan, moving beyond mere rhetoric.Following a high-level meeting on Tuesday, April 29, with the chiefs of armed forces, the nationa…

 The trade war between the world’s two largest economies escalated sharply today, as China declined to agree on a deal to avert a major economic crisis involving both nations.President Trump had warned China against levying retaliatory tariffs of …

www.oilfutures.co.ukPresident Trump, ever the showman, played his tariff announcement like a master of the slow burn. He understood that a rushed reveal would lack the desired impact. Instead, he stretched out the suspense, mirroring the art of a strip…

 Despite the arrival of Iran’s long-awaited response to President Trump’s letter, delivered through an intermediary on Saturday, geopolitical tensions between the US and Iran have escalated, marked by increased rhetorical hostility. The threa…

 Credit: Canada Energy RegulatorThe newly-emerged political tension between the two North American neighbours shows no sign of abating. On the contrary, it can only get worse, as the forthcoming general election appears to be defined by a theme re…

 The International Energy Agency (IEA) has revised its 2025 crude oil demand forecast downward, presenting a challenging outlook for oil and gas investors amidst existing market pressures. This projection adds to the headwinds already impacting cr…

Despite President Trump’s vocal “Drill, baby, drill” mantra, his push to boost crude oil supply has yet to fully take shape. Undeterred, he continues to press forward, shifting his focus toward pressuring oil producers—particularly in the Middle East—t…

Crude oil prices experienced a notable decline on Wednesday, reversing gains from recent days driven by supply concerns. These concerns stem largely from ongoing US efforts to restrict Iranian oil exports, particularly to China.Despite previous adminis…

 Source: US-BLSOn Wednesday, February 18, 2025, crude oil and liquefied natural gas (LNG) prices rose slightly amid political tensions in Europe. By 17:00 GMT, West Texas Intermediate (WTI) reached $72.18 per barrel, Brent hit $76.94, and LNG surp…

President Trump, never one to shy away from the spotlight—or a podium—dropped what might be his most audacious bombshell yet while signing a flurry of executive orders on Tuesday. If there’s one thing Mr Trump loves more than a good tweet, it’s a publi…

 President Trump has threatened to impose 25% tariffs on goods from Canada and Mexico starting Saturday, and 10% tariffs on Chinese goods. He cites a lack of cooperation from Canada and Mexico in controlling drug and migrant flows across the borde…

President Trump has been signing numerous executive orders since his inauguration on January 20, with a notable focus on energy policy. One significant action includes declaring a national energy emergency, which has profound implications for both the …

 Oil prices have been on the rise just 10 days before the inauguration of the second Trump administration. The energy markets that thrive on speculations and sentiments usually fail to gauge the combination of the latter in order to come up w…

The price of crude oil remained remarkably stable throughout the week, despite ongoing volatility in Syria and a deepening energy crisis in Iran, which holds the world’s fourth-largest proven oil reserves.Analysts had anticipated a modest surge in oil …

The OPEC+ meeting that took place on December 5, 2024, did not lead to a master plan in order to address the pressing needs of its members. Nor did it boldly declare that the measures that they adopted would achieve their most cherished goal, ‘stabiliz…