/oil-prices?format=feed Oil Prices en-US Mon, 24 Feb 2025 12:32:00 -0500 /news/522732-wood-mackenzie-projects-73-barrel-in-25 According to its latest market outlook, Wood Mackenzie projects that Brent crude oil prices will average $73.00 per barrel (bbl) in 2025. The forecast considers geopolitical and economic factors… Mon, 24 Feb 2025 17:32:00 Z /news/522732-wood-mackenzie-projects-73-barrel-in-25 /news/521272-oil-set-for-fourth-week-of-gains-on-us-sanctions Oil prices edged lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions… Fri, 17 Jan 2025 18:17:32 Z /news/521272-oil-set-for-fourth-week-of-gains-on-us-sanctions /news/520819-us-storm-weaker-dollar-push-oil-to-12-week-high Oil prices edged up to a 12-week high on Monday as a winter storm boosted demand for energy to heat U.S. homes and businesses, and on support from a weaker U.S.… Mon, 06 Jan 2025 17:21:54 Z /news/520819-us-storm-weaker-dollar-push-oil-to-12-week-high /news/520320-oil-falls-as-chinese-demand-sags-fed-ponders-rate-cut Oil futures slipped from the highest levels in several weeks on Monday on weakness in consumer spending in China, which is the world's largest oil importer, and… Mon, 16 Dec 2024 19:32:59 Z /news/520320-oil-falls-as-chinese-demand-sags-fed-ponders-rate-cut /news/510735-oil-prices-rise-over-2-5-after-us-uk-strikes-in-yemen Oil prices rose more than 2.5% on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks… Fri, 12 Jan 2024 09:40:55 Z /news/510735-oil-prices-rise-over-2-5-after-us-uk-strikes-in-yemen /news/496937-oil-prices-extend-gains-after-eu-bans-most-russia-oil-imports Oil prices extended gains on Tuesday after the EU agreed to slash oil imports from Russia, fuelling worries of a tighter market already strained for supply amid rising demand ahead of peak U… Tue, 31 May 2022 07:38:14 Z /news/496937-oil-prices-extend-gains-after-eu-bans-most-russia-oil-imports /news/496288-brent-oil-price-nears-109-a-barrel-as-eu-details-plans-to-cut-russian-oil-imports Oil prices jumped on Wednesday as the European Union, the world's largest trading bloc, spelled out plans to phase out imports of Russian oil, which offset worries… Wed, 04 May 2022 17:36:34 Z /news/496288-brent-oil-price-nears-109-a-barrel-as-eu-details-plans-to-cut-russian-oil-imports /news/493614-inside-opec-views-are-growing-that-oil-s-rally-could-be-prolonged Oil's rally may extend further in the next few months due to recovering demand and limited capacity in OPEC+ to add supply and prices could break $100 a barrel, OPEC officials have told Reuters… Wed, 19 Jan 2022 09:19:28 Z /news/493614-inside-opec-views-are-growing-that-oil-s-rally-could-be-prolonged /news/489616-markets-oil-rises-as-inventories-expected-to-fall Oil rose on Tuesday on expectation of a continuous decline in U.S. oil inventories, recouping some losses from the previous session due to lingering concern over… Tue, 03 Aug 2021 10:07:00 Z /news/489616-markets-oil-rises-as-inventories-expected-to-fall /news/481754-oil-prices-fall-on-demand-worries-expected-restart-of-u-s-gulf-platforms-after-hurricane Oil prices fell on Thursday, after rising steeply in the two previous sessions, as concerns about weak fuel demand re-emerged and producers in the Gulf of Mexico… Thu, 17 Sep 2020 08:37:12 Z /news/481754-oil-prices-fall-on-demand-worries-expected-restart-of-u-s-gulf-platforms-after-hurricane