Oil

Oil rebounds after Hamas leader killed in Iran, but China caps gains

Oil prices climbed more than $2 on Wednesday, rebounding from 7-week lows, as the killing of a Hamas leader in Iran ratcheted up tensions in the Middle East and overshadowed concerns about weak China demand

Analysis / Oil investors are adrift in Red Sea rip currents

Weak demand so far has kept oil prices stable amid the Red Sea crisis, but it could change

Analysis / Red Sea oil tension may revive Russia-Saudi spat

The ongoing Red Sea crisis can potentially revive Russia-Saudi oil tensions, according to a Reuters analysis

China defies sanctions to make Russia its biggest oil supplier in 2023

Russia became China's top oil supplier in 2023, defying Western sections

Global food prices drop 13.7% in 2023: FAO

Global food prices dropped last year, with notable exceptions like rice due to climate and supply concerns

Oil little changed as investors eye Middle East tensions, US rate cut

Oil prices were little changed on Tuesday as investors focused on Middle East tensions and US rate cut

Oil prices up 3% on worries about Middle East supplies

Oil prices climbed about 3 percent to a one-week high on Friday on worries that tensions in Israel and Gaza could spread into a wider conflict that could disrupt global crude supplies.

Oil dips as economic concerns offset Middle East supply worries

Oil fell for a fourth day on Wednesday as concerns about slowing European demand offset worries about Middle East supply disruptions stemming from the Israel-Hamas conflict in Gaza.

Asia shares slip on Middle East woes, higher yields

Asian shares hit one-year lows Monday as the risk of a wider conflict in the Middle East clouded sentiment in a week laden with data on U.S. growth and inflation as well as earnings from some of the world's largest tech companies.

July 31, 2024
July 31, 2024

Oil rebounds after Hamas leader killed in Iran, but China caps gains

Oil prices climbed more than $2 on Wednesday, rebounding from 7-week lows, as the killing of a Hamas leader in Iran ratcheted up tensions in the Middle East and overshadowed concerns about weak China demand

February 10, 2024
February 10, 2024

Oil investors are adrift in Red Sea rip currents

Weak demand so far has kept oil prices stable amid the Red Sea crisis, but it could change

January 23, 2024
January 23, 2024

Red Sea oil tension may revive Russia-Saudi spat

The ongoing Red Sea crisis can potentially revive Russia-Saudi oil tensions, according to a Reuters analysis

January 20, 2024
January 20, 2024

China defies sanctions to make Russia its biggest oil supplier in 2023

Russia became China's top oil supplier in 2023, defying Western sections

January 6, 2024
January 6, 2024

Global food prices drop 13.7% in 2023: FAO

Global food prices dropped last year, with notable exceptions like rice due to climate and supply concerns

December 26, 2023
December 26, 2023

Oil little changed as investors eye Middle East tensions, US rate cut

Oil prices were little changed on Tuesday as investors focused on Middle East tensions and US rate cut

October 28, 2023
October 28, 2023

Oil prices up 3% on worries about Middle East supplies

Oil prices climbed about 3 percent to a one-week high on Friday on worries that tensions in Israel and Gaza could spread into a wider conflict that could disrupt global crude supplies.

October 25, 2023
October 25, 2023

Oil dips as economic concerns offset Middle East supply worries

Oil fell for a fourth day on Wednesday as concerns about slowing European demand offset worries about Middle East supply disruptions stemming from the Israel-Hamas conflict in Gaza.

October 23, 2023
October 23, 2023

Asia shares slip on Middle East woes, higher yields

Asian shares hit one-year lows Monday as the risk of a wider conflict in the Middle East clouded sentiment in a week laden with data on U.S. growth and inflation as well as earnings from some of the world's largest tech companies.

June 27, 2023
June 27, 2023

Oil rises on supply worries, US summer demand hopes

By 0613 GMT, Brent crude futures had climbed 67 cents to $74.85 a barrel, while US West Texas Intermediate (WTI) futures rose 73 cents to $70.10 a barrel. On Monday, Brent had climbed 0.5 per cent and the WTI 0.3 per cent.