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Brent Oil - Oil heads for weekly gain but remains under supply hike pressure

16-05-2025 01:36

Oil prices extended declines on Friday, under increased supply pressure from an OPEC+ output hike and the prospect of an Iranian nuclear deal, but are heading for a second consecutive weekly gain due ...

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Oil spikes as Iran casts doubt on potential nuclear deal with US

Oil jumped briefly after Tehran cast fresh doubts on the status of US-Iran talks over a potential nuclear deal.

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Natural Gas and Oil Forecast: Rising U.S. Crude Inventories Threaten Price Stability

Natural gas slides near $3.35 as sellers dominate; oil steadies despite rising stockpiles and a forecasted global supply surplus in 2025.

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Oil set for second weekly rise on trade war truce

Oil prices held steady on Friday, heading for a second consecutive weekly gain due to easing U.S.-China trade tensions though a potential return of Iranian supply limited price gains. Brent crude ...

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Oil holds decline as potential Iran deal raises supply concerns

Brent traded below $65 a barrel after declining 2.4% on Thursday in its biggest daily drop this month while West Texas Intermediate traded near $62 a barrel.

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