Tag: Crude Oil
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Oil Prices Head for Weekly Decline as Supply Concerns Override Geopolitical Risks
Oil prices retreated for a third consecutive day Friday, positioning crude for its first weekly decline in two weeks as mounting supply concerns overshadowed...
Oil Prices Sink as OPEC+ Production Speculation Weighs
Oil prices extended losses Thursday amid mounting speculation that OPEC+ will increase production output during this weekend's crucial policy meeting, deepening concerns about oversupply...
Oil Prices Stagnate Ahead of Trump-Putin Talks, U.S. Inventory Data
Crude oil markets held steady under pressure Wednesday as traders awaited pivotal U.S. inventory reports and Friday’s high-stakes meeting between U.S. President Donald Trump...
Oil Steadies Amid Sanction Risks, Summer Demand
Crude oil futures traded within a narrow range as geopolitical tensions and seasonal demand dynamics balanced market sentiment, Exness Senior Financial Markets Strategist Dat...
Africa’s Fuel Import Reliance Grows Despite Crude Export Surge
Africa continues importing refined petroleum despite rising crude oil exports, exposing critical refining deficits across the continent.
According to Afreximbank's July 2025 Commodity Market Update,...
