world oil

Global oil prices per barrel have recently declined, possibly due to technical corrections and weak trading caused by Presidents' Day holiday in the United States. WTI prices reached around $77.80 per

WTI oil prices today are facing selling pressure on the first day of the week after mostly positive movement last Friday. However, the commodity has rebounded from early lows in the Asian session and

At the start of trading, world oil fell today after experiencing a strong increase during the previous two sessions. This happened because the market was still cautious and waiting for the US inflatio

World oil prices fell again in trading last Thursday, and reached the lowest level in the last 16 months. This happened because market sentiment remained fragile despite good news regarding Credit Sui

Brent crude hit a three-month low on Tuesday as concerns over Credit Suisse spooked world markets, offsetting hopes of a recovery in Chinese oil demand. Here is a further explanation of the decline in

Oil prices fell more than $2 a barrel on Tuesday, extending the previous day's decline, as the collapse of Silicon Valley Bank rattled equity markets and stoked fears of a new financial crisis. Bre

Global crude oil prices experienced corrections in the previous two sessions due to disappointing Chinese economic data. However, today, global crude oil prices strengthened again after hawkish commen

Oil Prices Continue to Weaken on Stronger U.S. Dollar, Contraction in China Imports and Exports   Global oil prices declined after five days of steady gains on a stronger U.S. dollar and weak

Global oil prices have recovered after an earlier slump caused by incorrect media reports that the United Arab Emirates would leave the Organization of Petroleum Exporting Countries (OPEC). However, a

Crude oil continued its rally on Thursday on signs of a strong economic recovery in China, but inflation concerns kept prices from rising further. Here are the latest facts and figures you need to kno

Global oil prices slipped on concerns about the negative impact of the worsening global economic situation. Despite the price decline, it remained under control due to concerns about future oil suppli

Global oil prices fell $2 a barrel, hitting a two-week low, on concerns that recent economic data could lead to more aggressive interest rate hikes by central banks, which would ultimately hurt econom