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Oil price
Oil Price
Arab Oil Producers Say OPEC+ Should Stick to Current Output Agreement
OPEC+ should stick to its current agreement to add 400,000 barrels of oil per day each month to output, ministers of Arab oil-producing countries said on Sunday…
Oil Price
Asia Shares Skid, Oil Surges as Ukraine Tensions Smoulder
Asian share markets slid and oil surged on Monday amid warnings Russia was set to invade Ukraine, risking sanctions that could trigger a further spike in energy…
Oil Price
Supply Shortages are Wreaking Havoc on The energy Industry
The energy sector is facing shortages on all sides, with commodity prices soaring around the world and very little hope that it will be solved in the near term.
Oil Price
Oil Falls on Prospect of Iran Oil Sanctions Easing
Oil prices retreated on Friday after wild swings during the week, as the prospect of extra supply from Iran returning to the market outweighed fears of a possib…
Oil Price
Oil Prices Drop on Easing of Ukraine Crisis but Outlook Remains Bullish
Oil prices eased slightly early on Wednesday amid a de-escalation of geopolitical tension in eastern Europe but analysts said the decline is “short-lived”, wi…
Oil Price
Putin’s Threats Against Ukraine Could Reinvigorate the U.S. Oil and Gas Industry
Russian President Vladimir Putin has long made it clear that he is no fan of U.S. shale drilling. But, if he invades Ukraine, he may unwillingly help bring back…
Oil Price
Gold, Oil Rise on Ukraine Crisis; U.S. Stocks End Flat
Oil and gold rose on Wednesday after NATO and the United States said Russia was increasing its troop build-up near Ukraine, while a dovish reading of minutes fr…
Oil Price
Oil Steadies as Russia-Ukraine Tensions Cool
Oil pared some losses in early Asian trading on Wednesday after an over 3% fall the previous day, as investors weighed an easing Russia-Ukraine tension against …
Oil Price
Oil Drops Affter Russia Says Some Troops Returning to Bases
Oil fell after Russia said some troops are starting to return to their permanent bases, easing geopolitical tensions that have rallied prices.
Crude Oil
Crude Prices at $100 Could Prompt Major Rise in US Tight Oil Output
Tight oil output from the US could jump by 2.2 million barrels per day if crude prices trade around or above $100 per barrel, driven by growing demand and conti…
Oil Price
Asia's Energy Markets Watching for Russia-Ukraine Fallout
Asia is expected to face higher oil, gas and coal prices if Russia invades Ukraine and triggers sanctions and reprisals from the West, analysts say.
Oil Price
China Petrol Shares Positive Start to Year of the Tiger
Chinese shares performed strongly on the first trading day of the Year of the Tiger, reversing the slumps before the Chinese New Year holiday.
Oil Price
Serbia Caps Fuel Retail Prices for 30 Days
Serbia's government said it capped the fuel retail prices for the next 30 days in a bid to alleviate the impact of the global fuel prices surge on living standa…
Oil Price
Oil Falls on Profit-Taking, All Eyes on Russia, Ukraine
Oil prices fell on Tuesday as investors took profits from the previous day's rally to seven-year highs and as global stock markets slumped, although losses were…
Crude Oil
Barclays Raises 2022 Crude Oil Price Forecasts on Higher IEA Demand View
Barclays raised its crude oil price forecasts for 2022 on Monday, driven by a revision to demand estimates by the International Energy Agency (IEA) last week.
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