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Oil set for weekly loss on uncertainty over global supply outlook
  • World News

Oil set for weekly loss on uncertainty over global supply outlook

Cs news5 months ago04 mins

By Anna Hirtenstein LONDON (Reuters) -Oil prices edged lower on Friday, heading for a weekly loss of nearly 3% after the IEA forecast a growing glut and U.S. President Donald Trump and Russian President Vladimir Putin agreed to meet again to discuss Ukraine. Brent crude futures were down 15 cents, or 0.25%, at $60.91 a…

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Oil drops as investors weigh a supply surplus outlook and US-China trade tensions
  • World News

Oil drops as investors weigh a supply surplus outlook and US-China trade tensions

Cs news5 months ago04 mins

By Sam Li and Jeslyn Lerh (Reuters) -Oil prices fell in early trade on Wednesday, extending losses from the previous session, as investors weighed the International Energy Agency’s warning of a supply surplus in 2026 and U.S.-China trade tensions that could hurt demand. Brent crude futures fell 12 cents, or 0.19%, to $62.27 a barrel…

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Oil prices continue to fall as US crude inventories increase
  • World News

Oil prices continue to fall as US crude inventories increase

Cs news7 months ago04 mins

Published on: Sept 05, 2025 02:52 pm IST Brent crude futures fell 35 cents, or 0.5%, to $66.64 a barrel by 0810 GMT, while U.S. West Texas Intermediate crude dropped 33 cents, or 0.5%, to $63.15. Oil extended its decline into a third session on Friday, heading for a weekly loss for the first time…

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Oil prices climb after Ukraine attacks hit Russian energy sites
  • World News

Oil prices climb after Ukraine attacks hit Russian energy sites

Cs news7 months ago04 mins

By Sam Li and Florence Tan (Reuters) -Oil prices edged higher on Monday after Ukraine stepped up attacks on Russia, fanning concerns Russian oil supply could be disrupted, while expectations of a cut in U.S. interest rates buoyed the outlook for global growth and fuel demand. Brent crude futures rose 6 cents, or 0.09%, to…

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