Oil prices decline due to OPEC+ output increase and U.S. tariffs.
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Oil settled largely unchanged in choppy trade on Thursday, with global benchmark Brent closing below US$70 a barrel under pressure from tariffs between the US, Canada, and China, and plans by Opec+ to raise output. Read full story
Oil prices decline due to OPEC+ output increase and U.S. tariffs.
Oil prices settled down for the fourth consecutive session on Wednesday after US crude oil stockpiles posted a larger-than-expected build, adding a...
Oil prices steadied on Wednesday after hitting multi-month lows in the previous session, but remained under pressure as the market eyed plans by major...
SINGAPORE: Oil prices steadied on Wednesday after hitting multi-month lows in the previous session, but remained under pressure as the market eyed...
BEIJING/SINGAPORE: Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April while...
Oil prices fell to multi-month lows on Tuesday after reports of Opec+ plans to proceed with output increases in April while further price pressure was...
Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns U.S. tariffs on Canada,...
By Giovanni Staunovo, Strategist, UBS Switzerland AG Oil prices have given up all of this year’s gains, with prices now trading at the lowest level...
Oil edged up on Monday as upbeat manufacturing data from China, the world’s biggest crude importer, led to renewed optimism for fuel demand,...
US oil pushed lower after Commerce Secretary Howard Lutnick said the Trump administration could walk back some tariffs on Mexico and Canada, injecting...