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World

Web Desk
Sep 23, 2025

Global unrest, weak demand cap oil price gains

Oil prices showed little movement on Tuesday as traders weighed intensifying conflicts in the Middle East and Ukraine against global efforts to restrict Russian energy supplies.

World

Web Desk
Sep 11, 2025

Oil prices cool as supply concerns outweigh global tensions

Oil prices held steady Thursday as US oversupply and weak demand outweighed tensions from Israel’s Qatar strike and NATO drone clash.

World

Web Desk
Aug 25, 2025

Oil prices rise after Ukraine hits Russian oil sites

Fires at Russian oil sites raise supply concerns while markets eye growth boost from Federal Reserve signals

World

Web Desk
Aug 05, 2025

Oil prices unchanged after three-day slide as supply concerns weigh on market

Oil prices held mostly steady on Tuesday after three consecutive days of declines. The market remained under pressure due to growing fears of oversupply following OPEC+’s latest decision to increase production.

World

AFP
Jun 10, 2025

EU proposes lowering Russia oil price cap in new sanctions

“We are ramping up pressure on Russia, because strength is the only language that Russia will understand”

Latest

AFP
May 03, 2025

Oil prices to drop as OPEC+ hiking production in June

“Last month’s decision was a wake up call. Today’s decision is a definitive message that the Saudi led group is changing strategy and pursuing market share after years of cutting production.”

Business

Reuters
Mar 07, 2025

Oil prices rebound, but set for biggest weekly drop since October

Oil prices gained on Friday but were set for their biggest weekly decline since October as the uncertainty around US tariff policy is creating concerns about demand growth at the same time major producers are set to increase output.

Latest

AFP
Mar 05, 2025

Brent oil falls to lowest price since 2021 as US crude stocks surge

The dollar hit three-month lows on Wednesday as the US’ trade war with its partners escalated, while a major overhaul to German government borrowing triggered the biggest sell-off in the country’s debt since the late 1990s.