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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 news4 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 prices hit 5-month low on US-China trade tensions, looming supply surplus
  • World News

Oil prices hit 5-month low on US-China trade tensions, looming supply surplus

Cs news4 months ago06 mins

By Scott DiSavino NEW YORK (Reuters) -Oil prices eased on Wednesday to a five-month low on escalating U.S.-China trade tensions and the International Energy Agency’s prediction of a supply surplus in 2026. Brent crude futures fell 48 cents, or 0.8%, to settle at $61.91 a barrel. U.S. West Texas Intermediate (WTI) futures fell 43 cents,…

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Oil down as market weighs excess supply and US-China trade tensions
  • World News

Oil down as market weighs excess supply and US-China trade tensions

Cs news4 months ago04 mins

By Stephanie Kelly LONDON (Reuters) -Oil prices edged lower on Wednesday, as investors weighed the International Energy Agency’s prediction of a supply surplus in 2026 and trade tensions between the United States and China that could curtail demand. Brent crude futures fell 21 cents, or 0.3%, to $62.18 a barrel by 0854 GMT, while U.S….

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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 news4 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 set for biggest weekly gain in three months as Russia cuts fuel exports
  • World News

Oil set for biggest weekly gain in three months as Russia cuts fuel exports

Cs news5 months ago03 mins

(Reuters) -Oil prices edged up on Friday, on track to rise at their steepest rate since early June as Ukraine’s attacks on Russia’s energy infrastructure push Moscow to restrict fuel exports and close to cutting crude output. Brent futures climbed 15 cents, or 0.2%, to $69.57 a barrel by 0100 GMT, while U.S. West Texas…

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