Oil markets

2 March، 2026

Crude oil prices recorded gains exceeding 7% at the start of the week's trading in the European session on Monday, March 2nd, after rising by more than 12% at the opening of Asian markets. This surge was fueled by escalating geopolitical tensions in the Middle East and the war that erupted over the weekend following an Israeli and US attack...

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12 February، 2026

Crude oil prices declined in midday trading during the European session on Thursday, February 12, after the International Energy Agency (IEA) released a report today showing a downward revision in global demand forecasts. This comes as the US-Iran talks continue to be assessed. US crude (WTI) fell by approximately 0.28%, trading at $64.45 per barrel, while Brent crude traded at...

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2 February، 2026

Crude oil prices declined by more than 4% at the start of the European session on Monday, February 2nd, the opening session of the week, as geopolitical concerns eased and tensions, which had been high last week, subsided. This followed OPEC+'s confirmation of its decision to suspend production increases in March. Brent crude fell by approximately 4.26%, trading at $66.37...

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22 January، 2026

Oil prices declined after three consecutive sessions of gains in midday trading on Thursday, January 22nd, as geopolitical tensions eased and the US president backed down from his threat to impose new tariffs on EU countries over Greenland. Prices are also awaiting official inventory figures. US crude (WTI) fell by about 0.45% to trade at $60.35 per barrel, while Brent...

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15 January، 2026

Crude oil prices fell by more than 4% in midday trading on Thursday, January 15, ending a five-session winning streak. This decline followed comments from US President Donald Trump, who eased market concerns about Iranian oil supplies, and the largest increase in US crude oil inventories since November. US crude (WTI) fell by approximately 4.21%, trading at $59.42 per barrel,...

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13 January، 2026

Crude oil prices rose by more than 1.5% in midday European trading on Tuesday, January 13, marking their fourth consecutive session of gains and reaching their highest levels since November. This surge was fueled by escalating geopolitical tensions and supply disruptions, while markets awaited preliminary inventory figures from the American Petroleum Institute later in the day. US crude (WTI) climbed...

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5 January، 2026

Crude oil prices remained stable in midday trading on Monday, January 5th, the opening session of the week, as investors assessed the impact of geopolitical tensions stemming from the arrest of the Venezuelan president on oil supplies. OPEC+ reaffirmed its decision to suspend production increases in the first quarter of next year at its meeting held over the weekend on...

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17 December، 2025

Crude oil prices rose by more than 2% in midday trading on Wednesday, December 17, after four consecutive sessions of declines. Prices rebounded from their lowest levels since February 2021, reached on Tuesday, supported by escalating tensions between the United States and Venezuela. Official inventory figures are expected later today. US crude (WTI) is up approximately 2.48%, trading at $60.64...

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8 December، 2025

Crude oil prices rose by more than 1% in midday trading on Monday, December 8, the opening session of the week, following gains for three consecutive sessions. This comes amid ongoing monitoring of developments regarding a potential peace agreement between Russia and Ukraine. Brent crude is down approximately 1.07%, trading at $63.07 per barrel, while US crude (WTI) is trading...

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3 December، 2025

Crude oil prices rose by more than 1% at the start of European trading on Wednesday, December 3, as expectations faded for a peace agreement between Russia and Ukraine. This supports the continuation of sanctions on Russian crude, amid anticipation of official inventory figures from the US Energy Information Administration later in the day. US crude (WTI) rose by about...

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