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Web Desk
Aug 20, 2025

Oil prices tick up as supply fears outweigh hopes of Ukraine peace deal

Oil prices inched up on Wednesday as fears over tightening supplies resurfaced, with peace efforts to end Russia’s war in Ukraine expected to drag on.

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Reuters
Apr 07, 2025

Oil prices hit their lowest since April 2021

Oil prices plunged 7% on Friday as China ramped up tariffs on US, escalating a trade war that has led to a higher probability of recession.

Reuters
Apr 09, 2024

Oil prices turn higher as Middle East ceasefire hopes wane

Investors are also awaiting inflation data due from the US and China for further signals on the economic direction of the world’s top two oil consumers, as well as an interest rate decision from the European Central Bank on Thursday.