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Brent crude dips slightly on demand worries, geopolitical uncertainty
- Oil prices see limited movement as weak economic data from the US and China weigh on demand outlook, while geopolitical tensions keep markets on edge
06.06.2025
Oil
Oil prices edge higher amid Fed policy uncertainty, trade talks in focus
- Market sentiment is buoyed by rising expectations that Fed can deliver its first rate cut as early as July
06.06.2025
Oil
US crude oil inventories down by 1% for week ending May 30
- Daily crude oil production increased to around 13.41 million barrels per day
09.06.2025
Oil
Oil slips on trade uncertainty, OPEC+ output hike
- US President Trump's signs executive order doubling tariffs on steel and aluminum imports to 50%, reigniting concerns over global economic growth
05.06.2025
Oil
bp assumes operatorship of Karabakh Oil Project in Caspian Sea
- Under deal, bp acquires 35% stake in both RSA and PSA, with SOCAR retaining remaining 65%
04.06.2025
Oil