Ole Hansen, Head of Commodity Strategy, Saxo Bank The global crude oil market continues to navigate a complex web ...

India’s state-run oil refiners are reportedly pausing from purchasing Russian crude, following mounting pressure from the US, ...

Oil traders have turned bullish on crude prices following President Trump's threat of new sanctions on Russia unless a ...

"Oil prices surge as Trump's stance on Russia-Ukraine and tariff deal shake up the market, prompting caution among investors amidst geopolitical tensions and potential market volatility." ...

The attacks caused US crude oil to jump $2.72—a 3.7% gain—closing at $75.67 per barrel. Global benchmark Brent crude rose $3.67, up 4.94%, ending the day at $77.90.

Although today’s dangers are not in the same league as a world war, they are significant. Pundits talk of a “polycrisis” running from the covid-19 pandemic, land war in Europe and the worst energy ...

More recently, when Russia invaded Ukraine in February 2022, oil prices initially soared to over $120 / bbl for WTI. However, the price surge was also short-lived (Figure 11).

Crude oil prices were falling Monday morning in the wake of the U.S. attack on Iran, a development that President Donald Trump seemed to cheer in a social-media post. "Everyone, keep oil prices down.

Zelenskyy warns oil price surge could help Russia’s war effort Ukrainian President Volodymyr Zelenskyy speaks to journalists during a press conference in Kyiv, Ukraine, on Wednesday, June 4, 2025.

A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost year-over-year growth in the Consumer Price Index by 0.5 percentage ...