Browsing: oil prices
Global oil demand will surpass pre-pandemic levels this year due to increased Covid-19 vaccination rates and as recent virus waves…
Brent oil prices ballooned to a seven-year high, driven mainly the sustained demand and limited supplies in the top regional…
Global oil prices plunged moderated as supply issues in coronavirus-hit countries eased, and market players took into consideration the possible…
US commercial crude oil inventories dropped by 2.1 million barrels from the prior week. At 417.9M barrels, the US crude…
Global oil prices jumped further on Tuesday, driven by the ongoing supply issues and the possibility of lower US inventories…
US crude oil inventories dropped by 4.7 million to 423.6 million barrels in the week closing December 17. The total…
Oil continued to plunge due to concerns of the Omicron variant spread and the possible fallout of President Joe Biden’s…
US Crude stocks increased by 153,000 barrels per day last week to hover around 15.8 million barrels per day from…
Global oil prices would have surged higher if not for the Organization of the Petroleum Exporting Countries and its allies,…
BP Plc intends to be the oil industry’s climate champion as it becomes the first of the world’s supermajors to…
Oil prices increased as Hurricane Ida continued to hamper U.S. production, and traders bet on a tighter market through the…
As the coronavirus continues to favor safe havens, market sentiment remains sluggish on Friday, Aug 20. At the time of…