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July 27, 2025

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SUNDAY, JULY 27, 2025

Brent crude

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo
Global Economy

Oil plunge deepens on fears global trade war could trigger recession

Oil plunged 7% on Friday as China ramped up tariffs on US goods, escalating a trade war that has led investors to price in a higher probability of recession. Over the past week, Brent lost 10.9%,...

An oil pump jack is seen in Artesia, New Mexico, US, April 6, 2023. Photo: REUTERS/Liz Hampton/File Photo
USA

Oil near three-week high on supply fears, US stocks drop

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, US November 24, 2019. Photo: REUTERS/Angus Mordant/File Photo
Global Economy

Oil gains on supply concerns from Iran sanctions, strong refining margins

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo
Global Economy

Global crude exports dip as trade routes reshuffle again

Oil tankers the Yamilah III and the Bow Gemini are seen anchored in New York Harbor in New York City, US, May 24, 2022. Photo: REUTERS/Brendan McDermid/File Photo
Global Economy

Oil rises as investors return from holidays, eye China recovery

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo
Global Economy

Oil prices fall on supply glut fears despite OPEC+ output cut extension

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, US November 24, 2019. Photo: REUTERS/Angus Mordant/File Photo
Global Economy

Oil prices inch up on geopolitical tensions, OPEC+ supply plans

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US April 21, 2020. Photo: REUTERS/Drone Base/File Photo
Global Economy

Oil prices steady with focus on Israel-Hezbollah ceasefire, OPEC+ policy

A view shows oil tanks of Transneft oil pipeline operator at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. Photo: REUTERS/Tatiana Meel/File Photo
Global Economy

Oil prices ease, Russia, Iran tensions check losses

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo
Global Economy

Oil prices settle up 1% at 2-week high as Ukraine war intensifies

Representational Photo: Collected
South Asia

India says oil prices would have rocketed without its Russian imports

Storage tanks for crude oil, gasoline, diesel, and other refined petroleum products are seen at the Kinder Morgan Terminal, viewed from the Phillips 66 Company's Los Angeles Refinery in Carson, California, US, March 11, 2022. Picture taken with a drone. Photo: REUTERS/Bing Guan/File Photo
Global Economy

Oil gains more than $1 after OPEC+ delays output hike

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo
Global Economy

OPEC+ could delay December oil output hike

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