Oil prices fell sharply as optimism increased for a Russia-Ukraine peace deal, sending Brent crude below $60 a barrel to its lowest level since May.

Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing ...

Crude oil price extended previous losses to a two-month low as concerns over a supply glut and slowing demand growth continue ...

While Opec has now reined in its growth plans, and supply fell last month because of sanctions on Russia and Venezuela, the ...

China's flows of crude oil into storage probably jumped in November to the highest in six months, as a surge in imports ...

Brent oil dropped under $60 on Russia-Ukraine peace hopes and US sanctions, causing hesitancy among key Russian oil buyers.

Key crude prices in the Middle East have dropped to their weakest level against the Brent benchmark in two months, signaling ...

The first US labour market report since the US government shutdown was a highly anticipated market event. In the end, it was ...

FTSE 100 Live 16 December: Rate cut seen as jobs market weakens, Brent Crude below $60 - ...

Investors reacted to the delayed release of the November jobs report, seen as pivotal to the path of interest rates next year ...

Oil extended declines, with Brent crude slipping below US$60 a barrel for the first time since May, as indications grow that ...

Oil prices continue to weaken, with both WTI and Brent breaking key technical levels. Attention is focused on whether major ...