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Trump calls for keeping oil prices down amid surge following US strikes on Iran

- US president warns against playing into 'enemy's hands' as prices surge following attacks Trump ordered on Iranian nuclear facilities

18:09 Oil

US oil rig count down by 1 for week ending June 20

- Number of US oil rigs fall by 46 compared to one year ago

21.06.2025 Oil

Oil prices eye 3rd straight weekly gain amid escalating Israel-Iran conflict

- Brent crude trims recent gains, but remains on track for a 2.6% weekly increase due to escalating geopolitical tensions and supply-side concerns

20.06.2025 Oil

Oil prices surge 11% amid week-long Israel-Iran conflict

- If current geopolitical crisis persists or worsens, market will have to recalibrate to new normal around $80, says an independent oil market analyst

20.06.2025 Oil

Oil down with Fed inflation forecast, easing geopolitical tensions

- Oil falls as Fed raises inflation forecasts and US hesitancy eases supply fears

20.06.2025 Oil Finance

Oil rises on US inventory drop, geopolitical tensions, and Fed rate decision

- Markets brace for potential supply shock amid US stock decline and regional unrest

19.06.2025 Oil

US crude oil inventories down by 2.7% for week ending June 13

- Daily crude oil production increased to around 13.43 million barrels per day

19.06.2025 Oil

IEA revises down global oil demand growth forecast

-Global oil demand is expected to reach 103.76 million bpd this year, representing an increase of about 720,000 bpd compared to last year, according to the IEA's Oil Market Report

17.06.2025 Oil

IEA: Oil markets face structural shift as supply and demand dynamics evolve

- Oil trends show 'remarkable double act' with US driving 90% of global supply growth and China accounting for 60% of demand growth over the past decade, 'but these dynamics are shifting,' says IEA chief

17.06.2025 Oil

Oil prices climb as Iran-Israel tensions raise supply fears

- Prices fall to $69.96 on Monday on signs of de-escalation but rebound after US president called for evacuating Tehran

17.06.2025 Oil

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OPEC daily crude output up 0.7% in May

- Global oil demand growth forecast for 2025 remains unchanged at 1.29 million barrels per day

16.06.2025 Oil

Oil prices rise as Israel-Iran tensions stoke supply fears

- Escalating hostilities reinforce expectations of potential oil supply disruptions and heighten concerns over security of Strait of Hormuz, key chokepoint for global energy trade

16.06.2025 Oil