Oil Prices

european stocks

European stocks traded lower on Friday; Oil prices spiked

European stocks traded lower on Friday as geopolitical tensions spiked after U.S. airstrikes in Iraq killed a top Iranian military commander. The pan-European Stoxx 600 slid 0.5% in early ... Read More
stock exchanges

Investors Update: Global stocks faced headwinds; Pound flirted with 2 1/2-year lows

Global stocks faced headwinds on Tuesday, stymied by U.S.-China trade frictions while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he could call ... Read More
Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad

Oil prices slip on Wednesday reversing earlier gains

Oil prices declined on Wednesday, reversing earlier gains, as further disruptions to Venezuela’s crude exports were offset by a report that U.S. inventories rose last week. Brent crude futures ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Legendary trader Andy Hall bets oil prices are going to rebound

Legendary oil trader Andy Hall says crude prices have likely hit a bottom after plunging more than 30 percent over the last two months. “I think with prices hovering ... Read More

Some forecasters remain positive on oil prices and demand going into 2019

Despite dramatic slides in the oil market, some forecasters remain positive on prices and demand going into 2019. A year ahead outlook report from Bank of America Merrill Lynch ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices jumped by more than 5 percent on Monday

Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute, and ahead of a ... Read More
Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad

Oil prices fall; Brent has lost more than 16 percent in value since early October

Oil prices fell on Monday as the start to U.S. sanctions against Iran’s fuel exports was softened by waivers that will allow some countries to still import Iranian crude, ... Read More
Brent Crude Oil

Oil prices fall one percent amid global stock market slump

Oil prices fell by around one percent on Thursday, coming under pressure from sharp selloffs in global stock markets, with U.S. stocks posting the biggest daily decline since 2011 ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Will oil prices pass $100 a barrel?

Oil prices hit a four-year high of $82.01 a barrel on Tuesday after Saudi Arabia and Russia appeared to reject calls from the US to increase production amid looming ... Read More
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym

Oil prices dips on concerns of slowing economic growth

Oil prices dipped on Monday as concerns over slowing economic growth weighed on markets. International Brent crude oil futures were at $71.78 per barrel at 0019 GMT, down 5 ... Read More
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