Crude oil prices experienced volatility today due to a combination of factors including global demand concerns, positive developments in the Russia-Ukraine conflict, and supply considerations. The EIA's report on crude oil inventories also provided support to prices. Uncertainties persist, and the market remains cautious about the long-term outlook for crude oil prices.

Crude Oil fell to 59.17 USD/Bbl on December 2, 2025, down 0.25% from the previous day. Over the past month, Crude Oil's price has fallen 3.08%, and is down 15.40% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on December of 2025.

Today, the price of Brent crude oil experienced fluctuations amid ongoing concerns about the world economy due to the trade tensions between the United States and China. The United States and China, the world's top oil consumers, have been imposing tariffs on each other's goods, raising concerns about the global economic growth and oil demand. Overall, the price of Brent crude oil today exhibited volatility due to the ongoing trade tensions and market expectations regarding production cuts.

Brent fell to 63.05 USD/Bbl on December 2, 2025, down 0.19% from the previous day. Over the past month, Brent's price has fallen 2.84%, and is down 14.36% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent crude oil - values, historical data, forecasts and news - updated on December of 2025.

Oil futures prices remain unchanged as traders watch for the impact of new COVID-19 variants and OPEC+ meeting outcomes. The US-Iran negotiations and latest inventory data also influence oil prices.

Palm Oil rose to 4,134 MYR/T on December 2, 2025, up 1.00% from the previous day. Over the past month, Palm Oil's price has risen 0.46%, but it is still 18.56% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palm Oil - values, historical data, forecasts and news - updated on December of 2025.

Oil prices dropped today due to concerns over the economic impact of the COVID-19 pandemic and the increase in oil supply. However, the approval of vaccines and discussions of production cuts provide some hope for a potential recovery in the future.

On October 27, 2025, the Brent crude oil price stood at 65.14 U.S. dollars per barrel, compared to 61.31 U.S. dollars for WTI oil and 67.54 U.S. dollars for the OPEC basket. Oil prices rose slightly that week.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for global oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (where a contract is agreed upon while product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.

Heating Oil rose to 2.35 USD/Gal on December 2, 2025, up 0.21% from the previous day. Over the past month, Heating Oil's price has fallen 2.25%, but it is still 6.31% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Heating oil - values, historical data, forecasts and news - updated on December of 2025.

Crude oil prices surged to a seven-year high due to ongoing supply constraints, declining inventories, robust global demand, geopolitical tensions, and the OPEC+ output policy.

Stocks of crude oil in the United States increased by 2.77million barrels in the week ending November 21 of 2025. This dataset provides the latest reported value for - United States Crude Oil Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Today's crude oil trading news covers significant developments including OPEC+ production cuts, global demand surge, Iran nuclear deal talks, US crude oil inventories, and environmental concerns. Stay informed to navigate this dynamic market.

During the Q2 of 2024, the price of white oil in the United States reached 1638 USD/MT in June. The U.S. market exhibited stability, driven by a steady supply-demand outlook and regular refinery functions. Despite fluctuating rates of crude oil and minor geopolitical conflicts, the market remained resilient, with only slight seasonal price variations due to increased demand for cosmetic products during summer. In confluence with this, prices remained static compared to earlier quarters, reflecting a dependable pricing environment, ensuring minimal disruption in the white oil market.

Sunflower Oil rose to 1,426.40 INR/10 kg on December 2, 2025, up 0.68% from the previous day. Over the past month, Sunflower Oil's price has risen 0.79%, and is up 8.44% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Sunflower Oil.

This statistic depicts the average annual prices for palm oil from 2014 through 2027*. In 2025, the average price for palm oil stood at 1,020 nominal U.S. dollars per metric ton.

Today, Brent oil prices experienced some volatility in the market due to geopolitical tensions, global economic concerns, and supply-demand dynamics. Learn more about the factors driving the movements in Brent oil prices and the potential impact on the market.

API Crude Oil Stock Change in the United States decreased to -2.48 BBL/1Million in November 28 from -1.90 BBL/1Million in the previous week. This dataset provides - United States API Crude Oil Stock Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Learn about the various factors that impact the crude oil market, including geopolitical tensions, global economic conditions, OPEC+ decisions, weather conditions, and market sentiment.

Natural gas rose to 4.94 USD/MMBtu on December 3, 2025, up 2.04% from the previous day. Over the past month, Natural gas's price has risen 13.71%, and is up 62.29% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on December of 2025.

Urals Oil fell to 54.22 USD/Bbl on December 1, 2025, down 0.37% from the previous day. Over the past month, Urals Oil's price has fallen 7.52%, and is down 17.95% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Urals Crude.