Oil prices edged down in choppy trading, with US crude falling to the lowest since May, as weakness in US equities markets added to bearish sentiment about oversupply.

The government increased the general fuel levy by 16 cents per litre for petrol and 15 cents for diesel in June 2025, while ...

A.M. Eastern Time, the S&P 500 fell 1.3%, the Nasdaq Composite shed 1.9%, and the Dow Jones Industrial Average lost 0.6%.

Oil prices closed lower on Friday, marking a 4% weekly decline as a supply glut and a potential Russia-Ukraine peace deal outweighed worries about any impact from the US seizure of an oil tanker near ...

Find insight on Crude futures, Sembcorp Industries and more in the latest Market Talks covering energy and utilities.

Front Month ICE Brent Crude for Feb. delivery lost $2.63 per barrel, or 4.13% to $61.12 this week --Largest one week net and percentage decline since the week ending Oct. 3, 2025 ...

Crude futures posted back-to-back losses and ended the week lower as persistent concerns about oversupply weighed and efforts toward a Russia-Ukraine peace deal subtracted geopolitical premium.

Barclays expects Brent crude to average $65 per barrel next year, warning that a potential cyclical slowdown in demand remains a key downside risk to ...

Crude oil remains under sustained pressure, with rallies viewed as selling opportunities amid persistent oversupply and soft ...

China plans to implement a steel export licensing mechanism next year, a move that could curb outflow of the metal that has sparked trade tension across the globe.

Oil prices inched lower on Friday and were on track for a weekly decline as investors focussed on a supply glut and potential ...

Oil prices rose on Friday, supported by concerns over Venezuelan supply disruptions, though they remained on track for a ...