A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...

The Energy Information Administration lowered its 2025 forecasts for U.S. and global benchmark crude-oil prices, citing an ...

Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...

Oil prices fell as Donald Trump secured the presidency. Brent, the global benchmark for crude oil, fell nearly 2% to trade a ...

Crude oil prices fell for much of Wednesday morning even as major oil companies rallied. Brent crude recovered midday and was trading close to flat, while a basket of U.S. oil and gas exploration ...

Share indices in the US ended on a mixed note as traders assessed US CPI data. The CPI rose to 2.6% in October, in line with ...

Jitters over the health of the UK economy have been fuelled by today’s weaker-than-expected GDP release. September’s 0.1% ...

WTI crude futures recover from a sluggish opening and close higher for the second consecutive day. But gains have been small as prices continue under pressure amid faltering global demand. The recent ...

Oil prices lost further ground in early trade on a stronger dollar and pessimism over Chinese demand growth. Brent crude traded 1.4% lower to $72.86 a barrel, while WTI fell 1.6% to $69.26 a barrel.

Sterling was up 0.1pc against the euro, which is worth 82.8p, which is its weakest rate since April 2022. US President-elect ...

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