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Keywords: Brent crude


Oil prices surge toward biggest weekly gain since June

Oil prices have soared to their highest weekly increase in nearly five months, driven by fresh sanctions from the United States and the European Union against Russia's largest oil companies. The measures have sparked fears of supply disruptions, pushing crude futures up by over 5% on Thursday. Brent......

Oil prices continue to fall amid market oversupply fears

Oil prices extended their losses on Thursday as investors grew increasingly concerned that global supply could soon outpace demand, mainly due to rising production from OPEC and its allies. Brent crude for November delivery dropped 0.9% to $66.99 per barrel, while U.S. benchmark West Texas Intermediate......