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Tag: global oil

Oil prices global
World
  • Web Desk
  • Aug 12, 2025
Oil prices edge higher as US-China tariff truce calms market nerves

Oil prices inched up on Tuesday after the United States and China agreed to extend their pause on higher tariffs, easing fears of a renewed trade war that could hit global fuel demand.

Oil prices settled down more than 7 per cent, losing more than $5 a barrel after Iran took no action to disrupt oil and gas tanker traffic.
Business
  • Reuters
  • Jun 24, 2025
Oil settles down 7 per cent after Iran attacks US military base in Qatar

Brent’s 7.2 per cent drop was the steepest since August 2022.

Global oil prices
World
  • Reuters
  • Jan 22, 2025
Oil prices little changed as investors debate Trump policies

Oil prices were little changed in early trading on Wednesday as markets weighed US President Donald Trump’s declaration of a national energy emergency on his first day in office and its impact on supply.

Global crude oil
World
  • Web Desk
  • Oct 24, 2024
Global oil prices surge, wiping previous losses

Global oil prices surged by more than 1 per cent on Thursday, almost reversing previous day’s losses, as Middle East tensions came back into focus.

Global crude oil prices
World
  • Web Desk
  • Oct 22, 2024
Oil prices ease as concerns intensify over slowing Chinese demand

Global oil prices eased on Tuesday as diplomatic efforts intensified to achieve a ceasefire in the Middle East.

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