Oil prices fell for a fourth day as the premium traders put on geopolitical risks subsided and U.S. inventories reached their highest levels since June.
Oil price news: Oil holds decline as geopolitical risk premium seen fadingRio, Saudi Arabia Said to Vie for Stake in First Quantum MinesIMF Says Phasing Out Fuel Subsidies Is ‘Fundamental’ for AngolaUkraine’s Allies Grow Bleak as They Push for More Air DefenseEl Niño to Trigger Drought Insurance Payouts in Four Southern African CountriesSaudi Arabia Moves Closer to $1 Billion Barrick Pakistan DealNigeria Floods to Further Cut Cocoa Crop, Adding to ShortageRussian Diesel Exports Continue...
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Oil Traders Wager on $250 Price by June as War Risk EscalatesOil traders piled into more than 3 million barrels worth of options contracts in a bet that prices would spike to $250 a barrel by June as geopolitical risks remain elevated.
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Oil price news: Oil holds gain with Russian refining and OPEC+ curbs to the foreOil held most its recent gains after reaching the highest close since late October on Monday, as Ukrainian drone attacks on Russian refineries and OPEC+ supply cuts remained in focus.
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Oil price news: Oil holds steady amid wait for Israel's response to Iran attackOil fluctuated in a narrow range as risk-off sentiment prevailed in broader markets and traders monitored Israel’s response to an unprecedented attack by Iran.
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Oil price news: Oil holds near five-month high as traders tout tighter marketOil traded near a five-month high amid simmering tensions in the Middle East and as energy traders struck a bullish note at a conference in Europe.
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Oil price news: Oil holds near 5-month high as traders focus on Middle EastOil traded near a five-month high as investors weighed simmering tensions in the Middle East and as energy traders struck a bullish note at a conference in Europe.
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Oil price news: Oil holds above US$90 after Middle East tensions push Brent higherOil held onto Thursday’s large jump as escalating tensions in the Middle East catapulted prices past the US$90-a-barrel threshold.
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