oil prices
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Oil prices rises more than 2% after US, UK attacks on Yemen
Oil prices rose more than 2% as the US and UK carried out strikes against 12 places in Yemen on Friday morning.
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Oil Prices Heading for Fourth Weekly Decline
EghtesadOnline: Oil prices fell on Friday, set for their fourth weekly decline, as renewed economic concerns in the United States and China revived anxieties about fuel demand growth in the world's…
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Oil Prices Dip as Economic Worries Offset Tightening Supply Prospects
EghtesadOnline: Crude futures slipped on Monday as concerns over slowing global growth outweighed the prospect of tightening supply after talks among key producers to raise output in coming months…
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Oil Prices Rise as Stockpiles Decrease, Supply Tightens
EghtesadOnline: Oil prices on Wednesday extended the previous day's small gains after an industry report showed US crude stockpiles fell last week, overriding trader and investor concerns about…
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Oil Prices Rise to Highest in a Year
EghtesadOnline: Oil prices climbed on Friday to their highest levels in a year, extending a run of strong gains this week, boosted by the continued commitment of producers to hold back crude…
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Oil Rises on Falling US Crude Stocks
EghtesadOnline: Oil prices rose on Wednesday after hitting their highest in about a year in the previous session, supported by an unexpected draw in US crude stockpiles and an OPEC+ estimate…
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Brent, WTI Prices Steady
EghtesadOnline: Oil prices held steady on Monday as a better than expected quarterly rebound for China’s economy countered fears over soaring Covid-19 cases around the world and tight restrictions…
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Oil Prices Rise on Tanker Explosion in Saudi Arabia
EghtesadOnline: Oil prices rose on Monday, pushing Brent back above $50 a barrel, buoyed by hopes that a rollout of coronavirus vaccines will lift global fuel demand while a tanker explosion…
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Oil Prices Highest Since March
EghtesadOnline: Oil hit its highest since March on Tuesday, rising towards $47 a barrel, as a third promising coronavirus vaccine spurred hopes of a quicker recovery in economic growth and oil…
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Volatile Oil Prices Still Poised for Second Monthly Decline
EghtesadOnline: Global oil prices moved in and out of negative territory on Friday but remained on course for a second monthly fall as rising Covid-19 cases in Europe and the United States heighten…
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WTI, Brent Prices Ease
EghtesadOnline: Oil prices eased on Wednesday after a surprise build-up in US crude stockpiles stoked concerns about a global supply glut even as a spike in global COVID-19 cases fuelled fears…
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Brent, WTI Prices Plunge
EghtesadOnline: Oil prices dropped 1% for a second straight session on Monday as US producers began restoring output post-Hurricane Delta.
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Oil Prices Rebound 2%
EghtesadOnline: Oil prices rose more than 2% on Monday, lifted by comments from doctors for US president, Donald Trump, suggesting he could be discharged from hospital as soon as Monday, just…
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Oil Slips as Surge in Virus Cases Further Clouds Demand Recovery
EghtesadOnline: Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls…
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Oil Heading for Weekly Drop as Virus Demand Concerns Mount
EghtesadOnline: Oil prices edged higher on Friday but were set for a weekly decline due to mounting worries about the impact on fuel demand of a widespread resurgence in coronavirus infections,…
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Oil Prices Rise as Producers Talk Up Efforts to Rein in Supply
EghtesadOnline: Oil prices climbed on Friday, on track for a third consecutive weekly gain, pulled higher by major oil producers’ efforts to hold back output amid concerns about economic recovery…
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Crude Prices Snap 4-Day Winning Streak
EghtesadOnline: Oil prices fell for the first time in four days on Wednesday, slipping from as much as five-month highs as mounting coronavirus cases worldwide and in the United States undercut…
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Putin Government Rewriting Budget at $20 Oil in 2020
EghtesadOnline: President Vladimir Putin’s government is rewriting its budget to prepare for oil prices at $20 a barrel this year despite US-led efforts to get major producers to rein in production.
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Coronavirus Visiting Int’l Oil Prices
EghtesadOnline: Oil prices slumped to their lowest in more than a year on Friday and were set for their steepest weekly fall in more than four years as the spread of the coronavirus stokes fears…
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Oil Prices Steady as Coronavirus-Related Demand Concerns Weigh
EghtesadOnline: Oil prices changed little Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China were offset by expectations that output…
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Brent, WTI Extend Decline
EghtesadOnline: Oil prices extended declines on Monday, dragged down by worries about lower demand in the world’s largest oil importer China following the coronavirus breakout.
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Oil Hits $70
EghtesadOnline: Oil prices rose a further 2% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a US air strike…
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US Oil Prices Up 50%
EghtesadOnline: Venezuela is in chaos. Iran is grappling with US sanctions. And now there is a surge of violence in Libya. Trouble in these three OPEC nations has helped send US oil prices climbing…
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Oil Climbs to 5-Month High Amid OPEC Cuts
EghtesadPnline: Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, US sanctions against Iran and Venezuela, fighting in Libya…
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Tehran Stocks Lifted by Oil Rise
EghtesadOnline: Tehran's main stock market closed higher on Saturday buoyed by rising oil prices and renewed appeal toward auto and bank shares.
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U.S.-China trade hopes lift world stocks, oil soars
EghtesadOnline: World stocks extended their gains to hit a near-four week high and oil prices rose on Wednesday on optimism that the United States and China may be inching toward a trade deal,…
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Oil rises 2 percent on U.S.-China trade talk optimism
EghtesadOnline: Oil prices climbed 2 percent on Wednesday as the extension of U.S.-China talks in Beijing raised hopes that the world’s two largest economies would resolve their trade standoff.
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Tehran Stocks Start Week Strongly
EghtesadOnline: Refinery and chemical shares led a broad market rally Saturday, lifting TEDPIX and IFX to their second consecutive day of gains. Stocks began the day in positive territory and…
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Tehran Stocks Extend Gains on Trade Optimism
EghtesadOnline: Tehran stocks closed higher for a second straight session on Monday, supported by expectation of improved global trade atmosphere in the wake of the China-US trade truce and hike…
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Oil Prices Up on Iran Sanctions While Future Contracts Decline
EghtesadOnline: Crude oil prices rose more than 1% on Friday as US sanctions against Iran looked set to tighten supply, but futures contracts posted a weekly decline since investors worried that…