56 h. ago Trafigura Oil Head Says Assets Support Profit as Rivals Struggle

Trafigura Group’s recent investments in refineries and distribution assets have helped support its oil business, even as rivals saw their profitability slide, according to the trader’s head of oil, Ben Luckock.

Other

4 d. ago Oil Climbs as Traders Weigh Trump’s Tariff Threats, Doha Strike

Oil climbed for a third session as investors weighed President Donald Trump’s latest tariff threats on Russian crude buyers and the possible fallout from Israel’s strike in Doha targeting Hamas’ leadership.

Economics

4 d. ago OPEC+ Knows Its Oil Production Increases Aren’t All They Seem

There’s an especially good reason why oil traders aren’t panicking as OPEC+ starts pouring even more crude into an oversupplied market.

Other

6 d. ago Oil Steadies as Traders Weigh OPEC+’s Modest Increase to Output

Oil steadied after OPEC+ agreed to raise production at a modest rate next month, highlighting some caution from the group as the market faces a glut toward the end of the year.

Economics

6 d. ago Oil Edges Higher as Traders Weigh OPEC+’s Modest Output Increase

Oil rose following a weekly decline ahead of an OPEC+ meeting on Sunday, which led to an agreement for a modest production boost in October, highlighting some caution from the group as the market faces a glut.

Economics

8 d. ago Oil Traders Zero In on China’s Crude Buying as Glut Gets Closer

As the oil market moves closer to a long-anticipated glut, traders are closely watching buying from China to see if it will absorb an excess that the world’s crude producing nations are set to pump.

Economics

1 week ago Oil Declines on OPEC+ Supply Concerns and Signs of US Slowdown

Oil dropped for a second day as traders fretted that OPEC+ may boost supplies, US data pointed to a slowdown, and an industry estimate showed higher stockpiles at a key storage hub.

Other

1 week ago Oil Steadies as Geopolitical Risks Dominate Before OPEC+ Meeting

Oil steadied after closing at the highest in a month as investors weighed a host of geopolitical risks, including a potential escalation of US sanctions on Russia, in the run-up to an OPEC+ meeting on supply.

Politics

1 week ago Oil Drifts as Traders Wait for OPEC+ and Next US Move on Russia

Oil drifted as traders waited for fresh catalysts to move prices out of what’s been a relatively narrow band, with attention on an upcoming OPEC+ meeting and US moves on Russian supplies.

Economics

1 week ago Oil Drifts Higher With OPEC+ and US Policy on Russia in Focus

Oil drifted higher as traders waited for fresh catalysts to move prices out of what’s been a relatively narrow band, with attention on an upcoming OPEC+ meeting and US moves on Russian supplies.

Events

1 week ago Oil Drifts Higher With Focus on OPEC+ and US Policy on Russia

Oil drifted higher as traders waited for fresh catalysts to move prices out of what’s been a relatively narrow band, with attention on an upcoming OPEC+ meeting and US moves on Russian supplies.

Events

1 week ago Oil Traders Expect OPEC+ to Hold Oil Output Flat at Weekend Meeting

Oil traders expect OPEC+ to hold crude production steady when it meets this weekend, as the group pauses after a series of accelerated supply increases.

Economics

1 week ago Oil Falls Following Monthly Drop With Glut, Geopolitics In Focus

Oil declined following a monthly drop in August, with traders focused on concerns over a potential glut and geopolitical tensions.

Politics

1 week ago Oil Weakens as Putin and Modi Huddle in China After US Tariff

Oil declined following a monthly drop in August, with traders focused on concerns over a potential glut and signals over Russian supply.

Politics

1 week ago Oil Steadies as Putin and Modi Huddle in China After US Tariff

Oil steadied following a monthly drop in August, with traders focused on concerns over a potential glut and signals over Russian supply.

Politics

2 w. ago Oil Drops Even as US Raises Pressure on India Over Russian Crude

Oil fell as traders looked past US efforts to force India to quit buying Russian crude, and broader markets carried a risk-off tone.

Other

2 w. ago Oil Declines as Traders Gauge Risks to Supplies and Fed Turmoil

Oil dropped after a four-day gain as investors waited for clearer signals on supplies, while also tracking the wider market fallout from President Donald Trump’s move to oust a Federal Reserve governor.

Economics

3 w. ago China Refiners Grab Russian Oil as Trump Menaces Flows to India

Oil refiners in China have stepped up purchases of Russia’s flagship crude, seizing an opportunity to take discounted cargoes relinquished by India as Washington ramps up trade tariffs against New Delhi.

Other

3 w. ago Oil Dips as Focus Shifts to Zelenskiy Meet After Putin Summit

Oil slipped as traders turned their attention to Donald Trump’s meeting with Volodymyr Zelenskiy on Monday, with the Ukrainian leader facing US pressure to reach a peace deal with Russia that involves ceding territory.

Politics