Oil market News

Categories
Top Dollar Euro Gold Silver Gas Oil Bitcoin Ethereum S&P 500 DAX Other
Oil prices go down amid concerns over impact of trade frictions on fuel consumption

On Tuesday, oil prices are declining due to pressure from concerns over escalating trade tensions. Market participants are worried about the impact of increasing friction between the US and EU on economic activity and fuel demand.

22 July 2025
Oil gains amid progress in US-China trade talks

Oil prices rose on Monday morning as the US and China reported progress in trade talks. This boosted investor expectations for a resolution of tensions between the world’s two biggest crude consumers.

12 May 2025
Oil gains amid progress in US-China trade talks
United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 177.2K to 175.4K

A decrease of the indicator value may contribute to the fall in quotes of WTI, Brent.

9 May 2025
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has decreased from 479 to 474

A decrease of the indicator value may contribute to the rise in quotes of WTI, Brent.

9 May 2025
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has decreased from 584 to 578

A decrease of the indicator value may contribute to the rise in quotes of NG, WTI, Brent.

9 May 2025
United States. OPEC Crude oil Production UAE (Barrel). The value of the indicator remained at the same level of 2.91M

No change of the indicator value may reduce the volatility of the related markets.

8 May 2025
United States. OPEC Crude oil Production Saudi Arabia (Barrel). The value of the indicator has increased from 8.96M to 8.97M

An increase of the indicator value may contribute to the fall in quotes of WTI, Brent.

8 May 2025
United States. Crude Oil Inventories. The value of the indicator has increased from -2.696M to -2.032M

An increase of the indicator value may contribute to the fall in quotes of WTI, Brent.

7 May 2025
United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from 0.682M to -0.74M

A decrease of the indicator value may contribute to the rise in quotes of WTI, Brent.

7 May 2025
Indian refineries plan to buy more Russian crude directly — Bloomberg

Indian refineries plan to make more direct purchases of Russian crude oil this year, according to data compiled by Bloomberg.

7 May 2025
Indian refineries plan to buy more Russian crude directly — Bloomberg
Reuters: global oil exports slow amid trade tensions

According to Reuters, global exports of oil, gasoline, and diesel declined year-on-year between January and April 2025. This downturn reflects slowing global economic activity following stringent import tariffs implemented by the US administration.

7 May 2025
Reuters: global oil exports slow amid trade tensions

News on oil prices is not just information for specialists. This is an important signal for every experienced trader. This section of the website will help you understand when there’s a "Strong buy" signal for oil and when it is a "Strong sell" signal.

Oil price movements are more than just charts on a screen. It is one of the key drivers of the global economy. Understanding these dynamics helps in making rational decisions and adapting to changes.

What determines oil prices?

  • Global events. Political crises, conflicts, and agreements between producing countries have a huge impact on oil prices.
  • Supply and demand. When many consumers try to buy oil that is in deficit – the prices go up. Otherwise, when supply is greater than demand, the prices go down.
  • Russia and Saudi Arabia. These countries are among the leading oil producers. Their decisions on oil output have a direct impact on the global market.
  • OPEC. This is a group of oil-producing countries. Their agreements on production cuts are aided at stabilizing prices.
  • Alternative energy sources. The development of solar, wind, and other power stations can weaken the countries' dependence on oil and put pressure on its prices.
  • Electric cars. The increasing popularity of electric cars reduces the need for gasoline and, consequently, for crude oil.
  • Global tensions. Oil is a strategic resource. Geopolitical events can affect its production and prices.
  • Environmental constraints. Rising environmental awareness may reduce demand for oil, affecting its price.

Why follow the latest oil news?

  • To make informed investment decisions. Being aware of the oil industry news helps you make conscious choices.
  • To assess the impact on the economy. Oil prices can affect inflation, economic growth, and even our wages.