Oil prices rose slightly on Wednesday, supported by a notable decline in U.S. crude inventories, although caution prevailed as markets awaited the U.S. Federal Reserve’s decision...
Etiket: Brent crude
Oil Prices Surge Amid Sverdrup Outage and Escalating Ukraine War
Oil Market Dynamics Oil prices rose significantly on Monday, driven by the halt in output at Norway’s Johan Sverdrup oilfield and increased geopolitical tensions following escalations...
Oil Prices Drop 6% on Reduced Middle East Tensions
Oil prices experienced a significant 6% drop on Monday, shedding more than $4 per barrel, following Israel’s weekend airstrike on Iranian military targets that strategically avoided...