Oil prices - Meta Forex

Oil Prices Plummet 8% as OPEC+ Stuns Markets With 1.5M Barrel/Day Production Surge

News Editor / 4 months

2 min read

Crude oil prices plummeted on Monday after OPEC+ shocked markets with an unanticipated 1.5 million barrel per day (bpd) production hike, sparking the most severe single-day decline since mid-2020. Brent crude futures plunged 8.1% to 65.40/barrel, with West Texas Intermediate (WTI) crashing 8.3 61.85 – wiping out half a year of gains in mere hours. […]

Gulf States Navigate Economic Crossroads Amid U.S. Tariffs and Oil Price Volatility

News Editor / 5 months
0
3 min read

The recent imposition of U.S. tariffs has thrust the oil-rich Gulf Cooperation Council (GCC) countries—comprising Saudi Arabia, the United Arab Emirates (UAE), Qatar, Bahrain, Kuwait, and Oman—into a complex economic landscape. While these nations have historically benefited from robust oil exports, the current global trade tensions present both opportunities and challenges. Tariffs and Their Immediate […]

Global Markets Tread Cautiously as Investors Weigh Economic Data and Geopolitical Risks

News Correspondent / 6 months

2 min read

Global financial markets adopted a cautious stance as investors assessed a mix of economic data and geopolitical developments. U.S. stocks faced downward pressure due to mixed corporate earnings and lingering trade tensions, while Asian and European markets showed mixed reactions to local economic indicators. In the U.S., the S&P 500 and Dow Jones Industrial Average […]

Oil Prices Climb on U.S. Tariff Threat Despite Weekly Decline

Writer / 7 months

2 min read

Market Reaction to Tariff Risks Oil prices rose on Friday as traders assessed the potential impact of U.S. President Donald Trump’s proposed tariffs on Canada and Mexico, key crude suppliers to the U.S. Brent crude futures for March gained $0.61 to $77.48 per barrel, while the April contract rose by $0.48 to $76.37. U.S. WTI […]

Shell Q4 Profits Slide 39% Amid Lower Oil Prices, $3.5 Billion Buyback Announced

Writer / 7 months

2 min read

Earnings Drop Amid Softer Market Conditions Shell reported a significant 39% drop in fourth-quarter profits, with adjusted earnings declining to $3.66 billion compared to the same period last year. The energy giant attributed the slump to weaker oil and gas prices, shrinking refining margins, and reduced trading profits. Capital Returns Remain Steady Despite the decline […]

Oil Prices Fluctuate Amid Trump’s Colombia Sanctions Reversal

Writer / 7 months

3 min read

Oil prices wavered on Monday as markets digested the U.S. government’s decision to retreat from initial sanctions threats against Colombia. This move eased immediate fears of supply disruptions but left traders on edge. Both Brent and U.S. crude benchmarks oscillated between gains and losses, reflecting heightened market uncertainty. By midday GMT, Brent crude futures had […]

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Oil Prices Plummet 8% as OPEC+ Stuns Markets With 1.5M Barrel/Day Production Surge

Gulf States Navigate Economic Crossroads Amid U.S. Tariffs and Oil Price Volatility

Global Markets Tread Cautiously as Investors Weigh Economic Data and Geopolitical Risks

Oil Prices Climb on U.S. Tariff Threat Despite Weekly Decline

Shell Q4 Profits Slide 39% Amid Lower Oil Prices, $3.5 Billion Buyback Announced

Oil Prices Fluctuate Amid Trump’s Colombia Sanctions Reversal

European Shares Edge Higher.

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