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:Oil prices fell on Wednesday, with the U.S. benchmark touching a multi-week low after crude stockpiles in the world's top petroleum producer and consumer rose more than expected last week.

Oil prices post weekly drop as outline of Trump’s tariff plans emerges U.S. benchmark crude ends nearly 3% lower for the week Last Updated: Jan. 31, 2025 at 3:30 p.m. ET First Published: Jan. 31 ...

Oil futures slide as China retaliates, raising concerns of a bearish breakdown below $70.83, with $67.00-$65.00 in focus. A stronger U.S. dollar and potential yuan devaluation add pressure to ...

U.S. benchmark crude ends nearly 3% lower for the week Oil futures ended lower Friday, contributing to a loss for the week, though prices held on to a gain for the month as traders awaited a ...

US futures settle at lowest so far this year US crude oil inventories rose last week, EIA says US still plans to impose tariffs on Canada, Mexico Saudi and other OPEC+ ministers meet next week Jan ...

Global oil demand seen growing by 700,000 to 1.3 mln bpd in 2025 First upward revision in 2025 Brent price forecast since April For table of crude price forecasts, click Jan 31 (Reuters ...

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR) decreased by 2.0 million barrels from the week ending January 3 to the week ending January 10 ...

Crude oil prices dropped by 8 per cent to $78.17 per barrel, from more than $85 per barrel, weekend, causing imported petroleum products prices to crash in the domestic market. At the previous ...

Sixty-five oil tankers paused operations in various places around the world following the recent U.S.-U.K. sanctions against Russia’s oil industry and shadow fleet, Reuters reported on Jan. 13 ...

LONDON — At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship ...