Oil prices

Saudi banks set for strong 2026 lending growth amid Vision 2030 project boom

S&P Global forecasts $75 billion corporate loan surge for Saudi banks

Gas surge puts Saudi Arabia on track to end oil burn by 2030

Statistics compiled from the Joint Organizations Data Initiative (JODI) show that direct oil burn averaged 943,000 b/d during the first half of this year even as electricity demand soared by 10 percent year-on-year

Oil prices extend losses as U.S. product stockpiles grow, China activity slows

Brent oil futures expiring in July dropped 0.3 percent to $81.61 per barrel

Oil prices climb on demand optimism, OPEC+ cuts eyed

Brent crude futures for July delivery rose 0.3 percent to $84.51 per barrel

Oil prices maintain stability following recovery from 3-month low, investors await inflation data

Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel

Oil prices bounce back slightly as traders eye U.S. inflation report, upcoming OPEC+ meeting

Brent oil futures for July delivery gained 0.1 percent to $82.22 per barrel

Oil prices hover near multi-month lows, poised for weekly decline on rate hike concerns

Brent crude oil futures for July delivery fell 0.1 percent to $81.31 per barrel

Oil prices dip amid concerns over prolonged high U.S. rates, weaker demand

Brent crude oil futures expiring in July declined 0.7 percent to $81.35 per barrel

Oil prices continue downward slide amid rising U.S. stockpiles, jitters over interest rate hikes

Brent crude oil futures expiring in July slid 0.6 percent to $82.40 per barrel

Oil prices dip amid fears on U.S. inflation, higher interest rates dampening demand

Brent crude futures fell 44 cents, or 0.53 percent, to $83.27 a barrel

Oil prices edge higher ahead of Fed cues, improving demand

Brent oil futures expiring in July rose 0.3 percent to $84.19 per barrel

Oil prices steady, on track for modest weekly gains as demand outlook brightens

Brent crude futures for July delivery edged up 0.1 percent to $83.33 per barrel

Oil prices rise amid weaker dollar, tighter supply expectations

Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel

Oil prices rise amid drop in U.S. inventories, inflation concerns

Brent oil futures expiring in July rose 0.4 percent to $82.70 a barrel

Oil prices surge as China’s fiscal stimulus, Canadian wildfires threaten supply

Brent oil futures, set to expire in July, rose by 0.3 percent to reach $83.59 per barrel

Oil prices inch lower on concerns about Chinese imports, U.S. inflation

Brent oil futures expiring in July fell 0.3 percent to $83.53 per barrel

Oil prices rise on strong Chinese demand, weakening U.S. labor market

Brent oil futures, expiring in July, advanced by 0.5 percent to reach $84.33 per barrel

Oil prices rise on mixed Chinese trade data, Middle East tensions

Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel

Oil prices slide as U.S. inventories surge, demand weakens

Brent crude oil futures dropped by 30 cents or 0.36 percent, settling at $82.86 per barrel

Oil prices up amidst global tensions, concerns about sluggish demand and reduced supplies

Brent oil futures expiring in July had risen by 0.5 percent to reach $83.73 per barrel

Oil prices inch up as Saudi Arabia increases June crude prices

Brent crude futures rose by 28 cents, or 0.3 percent, reaching $83.24 per barrel

Oil prices edge up on prospects of OPEC+ maintaining output cuts

OPEC+ is likely to extend its voluntary oil output cuts of 2.2 million barrels per day beyond June

Oil prices rally as U.S. crude inventories surge, Fed maintains interest rate

Surprise increase in U.S. crude inventories and prospects of a ceasefire in the Middle East add downward pressure on prices