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Energy giants’ profits sink more than 20% as oil prices fall

- Profits of world's 8 largest oil companies drop 21.3% to $31 billion in Q1

05.05.2025 Oil

Oil prices slide as OPEC+ moves to boost output

- Key producers Saudi Arabia and Russia are set to lead the increase, with analysts saying move points to rise in global oil supply over coming months

05.05.2025 Oil

Oil prices post weekly decline amid US-China trade tensions and supply concerns

- Brent slips below $62 as markets weigh US-China trade war and OPEC+ supply plans

02.05.2025 Oil

Oil prices rise as China signals openness to trade talks with US

- Hopes of easing trade tensions between world's two largest economies lift global markets

02.05.2025 Oil

Oil prices extend losses on demand, supply glut concerns

- Mounting concerns over weak demand and potential supply glut push oil prices toward their sharpest monthly decline since November 2021

30.04.2025 Oil

Oil prices slide amid US-China trade tensions and rising supply outlook

- Ongoing US-China trade tensions and OPEC+ supply plans continue to weigh on oil prices

29.04.2025 Oil

Oil edges lower amid uncertainty over US-China trade talks

- Concerns over potential oversupply in global oil markets weigh on prices

28.04.2025 Oil

Türkiye's energy bill burden to ease with declining oil prices: Experts

- Since April 2 — dubbed 'liberation day' by Trump — Brent crude sheds 10.5%, or roughly $7.80 per barrel, while WTI crude loses 10.7%, or around $7.60

26.04.2025 Oil Finance

Oil prices set for weekly loss as diplomatic developments fuel oversupply concerns

- Concerns over escalating US-China trade tensions, US mediation in Russia-Ukraine conflict, along with Iran nuclear talks weigh on prices

25.04.2025 Oil

Oil prices rise amid US-China trade optimism while OPEC+ output hike caps gains

- Overall optimism regarding trade talks continues to influence market sentiment

25.04.2025 Oil

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Oil prices edge higher amid trade optimism and Fed remarks

- Trump's shift in tone signals potential policy moves that could boost oil demand

24.04.2025 Oil

Oil prices rise amid US strikes in Yemen, Trump's criticism of Fed

- US President Donald Trump's ongoing pressure on Fed Chair Powell to lower interest rates contributes to upward momentum in oil prices by raising concerns about Fed's independence

22.04.2025 Oil