OilPrice.com

Oil prices are expected to end the week with a decline following reports that OPEC+ may increase output and due to positive developments regarding the situation in Ukraine. OPEC+ is considering...

While U.S. stock markets rallied on news of possible tariff reductions on China, oil prices fell as market sentiment soured over demand uncertainty and geopolitical volatility. Despite new...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.565 million barrels in the week ending April 18. The API estimated a 2.4 million barrel build...

Europe’s benchmark natural gas prices fell by 2.5% on Tuesday after a four-day-long Easter holiday weekend as arrivals of LNG cargoes remain slightly above the seasonal average, easing concerns about...

Crude oil prices stabilized today, following Monday’s dip, and even made some gains earlier in the day, as traders rushed to cover their short positions on the commodity, and production figures from...

Crude oil prices began trade this week with a decline amid diminished hopes for a quick end to the war in the Ukraine and the prospect of lower demand amid the tariff turmoil. News of nuclear deal...

China hasn’t imported liquefied natural gas from the United States since early February, as the tariff war hit energy trade and could have long-term consequences for U.S. LNG export contracts. The...

OPEC+ is accelerating its oil output increases by adding 411,000 barrels per day in May. Saudi Arabia faces a budget strain, needing $96.20 oil to break even due to Vision 2030 spending. Saudi...

Crude oil prices were set for a weekly gain earlier today, following the news that the U.S. federal government has slapped new sanctions on Chinese companies involved in oil trading with Iran. This...

Oil price recovery remains fragile amid continued tariff tensions. Oil-exporting nations are under pressure, including Angola, Nigeria, and Saudi Arabia, as falling prices threaten budgets and...

President Trump’s tariff-driven price slump threatens America’s hard-won petroleum export surplus. Ongoing tariff uncertainty and volatile oil prices make budgeting and drilling decisions...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.4 million barrels for the week ending April 11. Analysts expected a loss of 1.680 million...

Crude oil prices stabilized today, even regaining some lost ground earlier in the day as President Trump indicated he was open to more tariff exemptions and as China’s imports of crude hit the...

The IEA cut its 2025 oil demand growth forecast by 300,000 bpd. Escalating trade tensions are negatively impacting the global economic outlook. The IEA warns of a "bumpy ride" and considerable...

Volatility continued to reign in Crude oil markets at the start of the week, starting with a decline before bouncing back into the green early on Monday morning. At the time of writing, Brent crude...

China has been buying lower volumes of US crude oil so far this year, and its purchases are set to stop amid the escalating tariff and trade war between the world’s two biggest economies, analysts...