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US oil rig count down by 1 for week ending July 11

- Number of US oil rigs fall by 54 compared to one year ago

12.07.2025 General

Oil prices rise on strong US demand, weak dollar

- US demand, rate cut hopes lift oil prices despite midweek losses

11.07.2025 Oil

Oil prices rise on supply concerns after Trump's Russia remarks

- Investors remain cautious amid uncertainty over tariff policy

11.07.2025 Electricity

Oil rises on strong US fuel demand, dollar decline amid Fed rate cut talk

- Trump's tariff threats continue to keep markets on edge, limiting oil price increase

10.07.2025 Oil

Oil prices edge lower on surprise US stock build

- Growing fears over new US tariffs on key trade partners heighten demand worries, dragging oil prices lower

09.07.2025 Oil

Oil prices fall amid US tariff moves, OPEC+ output decision

- Eight key members of OPEC+ announced joint decision to boost production

08.07.2025 Oil

Oil slumps as OPEC+ surprises with bigger August hike, tariff uncertainties continue

- Alliance raises August output by 548,000 barrels per day, significantly above monthly hikes of 411,000 barrels approved for May through July, and April's 138,000-barrel rise

07.07.2025 Oil

Oil heading for weekly gain as markets weigh demand hopes and supply risks

- With OPEC+ supply decision due this weekend and US tariff deadline looming next week, market participants remain cautious

04.07.2025 Oil

Oil prices dip on Iran-US diplomacy hopes, OPEC+ supply outlook

- Potential for renewed diplomacy between Tehran and Washington has eased fears of conflict in the Middle East and helped reduce oil supply concerns, contributing to decline in prices

04.07.2025 Oil

Oil prices fall on surprise rise in US crude and gasoline stocks

- Investors wary as major producers expected to announce output hike

03.07.2025 Oil

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Oil prices edge lower as tariff uncertainty, inflation concerns weigh on market

- Signs of weak demand in US, world's largest oil consumer, are deepening market pressure

02.07.2025 Oil

Oil prices fall on OPEC+ output hike bets, US tariff concerns

- Market sentiment shifts as supply expectations rise and US trade tensions fuel demand concerns

01.07.2025 Oil

Oil prices edge higher as weak dollar boosts demand

- Prices inch up from last week's steep decline with weak US dollar, expected to raise demand by making oil cheaper for those who use foreign currencies

30.06.2025 Oil

Tel Aviv-Tehran reconciliation set to drive oil prices toward $60 range: Experts

- Oil prices drop more than 12% following three-week rally, with experts projecting prices to stabilize around $60 range going forward

30.06.2025 Oil

Oil prices set for weekly drop as Israel-Iran supply fears ease

- Oil posts sharp drop as initial war-driven supply fears faded following a cease-fire between Israel and Iran, despite lingering regional tensions and strong US demand signals

27.06.2025 Oil