Crude oil ended 2025 with its steepest annual drop since 2020. Brent fell by 19% and WTI by 20%, closing near $60.85 and $57.42 per barrel, respectively. The dominant driver was oversupply—global ...

Oil prices declined slightly on Tuesday as markets assessed the potential for supply disruptions in global energy markets.

Analysts have flagged the risk of an oil price shock as geopolitical tensions escalate. Oil prices have climbed 10% in the last week amid tensions between the US and Venezuela and unrest in Iran.

Strong U.S. economic growth has supported oil prices despite signs of rising crude inventories. Disruptions to Venezuelan exports and the ongoing Russia–Ukraine conflict continue to add a geopolitical ...

NEW YORK, Dec 23 (Reuters) - Oil prices settled higher on Tuesday ‌as investors assessed stronger-than-expected U.S. economic growth and the ‌risk of disruptions to oil supply from Venezuela and ...

Oil futures fell nearly 3%, surrendering gains from the previous session, as US-Iran talks set for Friday in Oman eased the ...

The Trump administration’s push to unlock Venezuela’s vast oil reserves could delay global oil supply decline for decades, with significant implications for oil markets and macro stability. US shale ...

OPEC+ agreed to a modest oil production increase in October, signaling a shift towards defending market share. The move involves unwinding previous production cuts ahead of schedule. OPEC+ plans to ...

Saudi Arabia’s economy expanded at the fastest pace in three years in 2025, with the oil sector emerging as a stronger engine of growth under new OPEC+ supply policy. Gross domestic product rose 4.5% ...