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Oil settles higher on weaker dollar and Russian supply disruptions

Tuesday, 2 September 2025 09:45 WIB | Oil

Global benchmark Brent crude oil settled 1% higher on Monday, as concerns mounted that intensifying airstrikes in Russia and Ukraine could lead to supply disruptions, and as a weaker dollar lent additional support. Brent crude futures settled up 67 cents, or 1%, at $68.15 a barrel. The U.S....

Oil Steadies Near Two-Month Low as IEA Warns of Record Glut

Thursday, 14 August 2025 18:53 WIB | Oil

Oil steadied near a two-month low after the International Energy Agency said the market is on track for record oversupply next year. Brent traded near $66 a barrel after closing at its lowest since June 5 on Wednesday, while West Texas Intermediate was around $63. Global oil inventories will...

Oil regains ground from 2-month lows ahead of Trump-Putin meeting

Thursday, 14 August 2025 15:22 WIB | Oil

Oil prices edged higher on Thursday, regaining ground after a sell-off in the previous session, with the upcoming meeting between U.S. President Donald Trump and his Russian counterpart Vladimir Putin raising risk premiums in the market. Brent crude futures were up 28 cents, or 0.43%, at $65.91 a...

Oil steady as investors weigh trade optimism against potential higher Venezuelan supply

Friday, 25 July 2025 23:44 WIB | Oil

Oil prices were stable on Friday, as trade talk optimism supported the outlook for both the global economy and oil demand, balancing news of the potential for more oil supply from Venezuela. Brent crude futures were up 38 cents, or 0.55%, at $69.56 a barrel at 0755 GMT. U.S. West Texas...

Oil Slips With US Trade Talks, EU Curbs on Russia in Focus

Tuesday, 22 July 2025 04:38 WIB | Oil

Oil nudged lower following its first weekly drop this month, with traders focused on US tariff talks and the European Union’s efforts to curb Russian energy exports. West Texas Intermediate crude fell 1% to trade below $67 a barrel, after slipping 1.6% last week. EU envoys...

Oil prices fall as US delays decision on direct Iran involvement

Saturday, 21 June 2025 00:29 WIB | Oil

Oil prices fell on Friday, but remained on course for a third consecutive weekly rise, after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict. Brent crude futures fell $1.89, or 2.4%, to $76.96 a barrel by 1000 GMT. They were still set to gain nearly 4% on the...

Oil prices rise as Israel-Iran conflict enters seventh day

Thursday, 19 June 2025 23:53 WIB | Oil

Oil prices rose on Thursday after Israel and Iran continued to exchange missile attacks overnight and U.S. President Donald Trump's stance on the conflict kept investors on edge. Brent crude futures rose 36 cents, or 0.5%, to $77.06 a barrel by 0913 GMT. U.S. West Texas Intermediate crude for...

Oil slips as Iran-Israel conflict enters sixth day

Thursday, 19 June 2025 00:08 WIB | Oil

Oil prices fell on Wednesday, after a gain of 4% in the previous session, as markets weighed up the chance of supply disruptions from the Iran-Israel conflict and as they ponder a direct US involvement. Brent crude futures fell 93 cents, or 1.2%, to $75.52 a barrel by 0918 GMT. U.S. West Texas...

Oil prices rise after IEA report, Trump warning on Tehran

Wednesday, 18 June 2025 00:18 WIB | Oil

Oil prices rose Tuesday as traders digested the latest monthly IEA report while ongoing tensions in the Middle East provided support. At 06:15 ET (10:15 GMT), Brent oil futures for August rose 1.7% to $74.48 a barrel, while West Texas Intermediate crude futures gained 1.7% to $71.44 a...

Oil prices hit multi-week highs amid US-China trade talks

Tuesday, 10 June 2025 14:37 WIB | Oil

Oil prices hit multi-week highs on Monday, buoyed by a weaker U.S. dollar, while investors awaited news from U.S.-China trade talks in London in hopes a deal could boost the global economic outlook and subsequently fuel demand. Brent crude futures settled 57 cents higher, or 0.9%, to $67.04 a...

Oil edges higher on tariff exemptions and rebound in Chinese imports

Monday, 14 April 2025 23:22 WIB | Oil

Oil prices edged higher on Monday after U.S. exclusions on some tariffs and Chinese data showing a sharp rebound in crude imports in March, but gains were capped by concerns that the trade war between the United States and China could weaken global economic growth and dent fuel demand. Brent...

Oil slips after US-Russia agreement on 30-day energy ceasefire

Wednesday, 19 March 2025 18:36 WIB | Oil

Oil prices fell on Wednesday after Russia agreed to U.S. President Donald Trump's proposal that Moscow and Kyiv stop attacking each other's energy infrastructure temporarily, which could lead to more Russian oil entering global markets. Brent crude futures fell 19 cents, or 0.3%, to $70.37 a...

Oil prices ease after US-Russia agreement on 30-day energy ceasefire

Wednesday, 19 March 2025 14:48 WIB | Oil

Oil prices slid on Wednesday after Russia agreed to U.S. President Donald Trump’s proposal that Moscow and Kyiv stop attacking each other’s energy infrastructure temporarily, which could lead to more Russian oil entering global markets. Brent crude futures were down 12 cents, or 0.2%, at $70.44 a...

Crude Oil Prices on Track for 3rd Week of Declines Amid Trump Policy Moves, Impending Trade War

Saturday, 8 February 2025 00:10 WIB | Oil

Crude oil prices rose early Friday, but remain on track for a third straight week of declines as U.S. President Donald Trump's tariff announcements and a potential trade war with China weigh on the market. Brent crude gained 0.7% to US$74.81/barrel and West Texas Intermediate crude increased 0.7%...

Oil Firms Slightly as Trump Policies Continue to Drag on Prices

Friday, 7 February 2025 00:26 WIB | Oil

Oil prices edged up on Thursday after Saudi Arabia's state oil company raised its March crude prices sharply, but the gains barely dented the previous day's slide in benchmark Brent crude. Brent crude futures rose 28 cents, or 0.4%, to $74.89 a barrel by 0952 GMT. U.S. West Texas Intermediate...

Oil Fluctuates as Trump’s Rapid-Fire Trade Moves Rattle Market

Monday, 27 January 2025 19:11 WIB | Oil

Oil fluctuated as investors reacted to rapid-fire moves on trade by the Trump administration, with the US threatening, and then holding off, a broad package of curbs against Colombia. Brent dropped below $78 a barrel, but pared a deeper intraday loss, while West Texas Intermediate was near...

Oil Declines as Trump’s First Trade Curbs Undermine Sentiment

Monday, 27 January 2025 14:35 WIB | Oil

Oil fell as President Donald Trump imposed his first set of sanctions and tariffs in a move that highlighted risks to the global economy and to trade. Brent dropped toward $78 a barrel after logging its first weekly decline this year, with West Texas Intermediate above $74. The US...

Oil Set for First Weekly Drop This Year as Trump Rattles Market

Friday, 24 January 2025 14:48 WIB | Oil

Oil headed for the first weekly decline this year after Donald Trump raised the prospect of trade wars and said he will ask Saudi Arabia and OPEC to lower prices in his first few days as the new US president. West Texas Intermediate fell toward $74 a barrel, and is down almost 5% this week,...

Oil Settles Lower, But Marks 4th Weekly Gain

Saturday, 18 January 2025 10:37 WIB | Oil

WTI crude oil futures declined 1% to settle at $77.89 per barrel and Brent crude oil futures fell 0.6% to settle at $80.79 per barrel on Friday, driven by expectations of a ceasefire agreement in Gaza, which could reduce attacks on ships by Yemen's Houthi militia. Despite this drop, oil prices...

Oil Heads for 4th Weekly Gain

Saturday, 18 January 2025 06:17 WIB | Oil

WTI crude oil futures fell to $78 per barrel and Brent crude oil futures fell below $81 per barrel on Friday but remained on track for a fourth consecutive week of gains, driven by concerns over US sanctions on Russian energy. Last week, the Biden administration imposed broader sanctions...

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