Aside from the physical groundwork of gathering and processing oil, market regulations are the true price-determinants of crude oil spot prices. Crude oil market regulations control supply and ...

Oil prices experienced a roughly 1% decrease on Monday as the United States and Iran initiated discussions to establish a framework for a potential nuclear agreement, easing concerns about supply ...

Oil prices fell about 1% on Monday after nuclear talks between the United States and Iran progressed, reducing the concerns that the dispute will reduce supply from the major Middle Eastern producer.

Aside from the physical groundwork of gathering and processing oil, market factors are the true price-determinants of crude oil spot prices. Crude oil market regulations control supply and dynamics, ...

This move helped ease concerns over a possible crude oil supply constraint. At 9.54 am on Monday, June Brent oil futures were at $66.91, down by 1.55 per cent, and June crude oil futures on WTI ...

deepening the losses seen last week as concerns over global trade tensions and a growing oil supply weighed on market sentiment. U.S. West Texas Intermediate (WTI) crude fell $1.29, or 2.08% ...

"The deal marks a key step for ENN towards enhancing a stable energy supply chain and diversifying supplies," ENN said. Shanghai-listed ENN Natural Gas, which currently holds a 34.28% stake in Hong ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. The Czech Republic has ended its 60-year-long dependence on Russian oil ...

Another is a forecast from the International Energy Agency that expects oil supply growth this year to be weaker than previously predicted. The IEA said in its latest monthly oil report that ...

Filipino consumers may have to pay more for coconut oil as prices are expected to rise further this year due to higher demand and global supply disruptions. The Philippine Coconut Authority (PCA ...

West Texas Intermediate was traded near $63. Treasury Secretary Scott Bessent said the US would apply maximum pressure to disrupt the OPEC member’s oil supply chain, as his department sanctioned a ...

SINGAPORE: Oil prices fell about 1% on Monday after nuclear talks between the United States and Iran progressed, reducing the concerns that the dispute will reduce supply from the major Middle ...