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Oil & Gas Trade
Saudi Arabia May Hike May Crude Oil Prices to Asia
General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File Photo Purchase Licensing Rig…
Crude Oil
Crude Oil Prices Impacted by Weak Data From China
China’s trade balance came down to $65.81 billion in May against $90.21 billion in June. May’s trade balance numbers were below the market expectati…
Crude Oil
Iran Raises Aug Crude Oil Prices to Asia
Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $8.90 above the Oman/Dubai average for August, up $2.80 from th…
Oil Price
Crude Oil Falls to $100, Eases Inflationary Worries
Crude oil prices fell to $100 a barrel on Tuesday, from a high of $139 last week, easing worries for consumers and the economy facing inflationary headwinds.
Crude Oil
Global Crude Oil Prices Extend Losses Ahead of Fed Meeting
Brent crude futures were last down by $3.05 or 2.7% at $109.62 a barrel at 0351 GMT on Monday.
Oil Price
Fueling Inflation: Petrol, Diesel Prices Set to Rise as Crude to Range Around $95-125
Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the s…
Energy Transition
Why $100 Oil Could Hurt the Energy Transition More Than It Helps
The surge in crude oil prices past $100 a barrel has raised a big question: Will this latest spike in the notoriously volatile oil market help to speed the glob…
Oil Price
Idaho Gas Prices Hold Steady, but the National Average is Soaring
Russia’s invasion of Ukraine is already having far reaching effects, bringing another wave of higher crude oil prices and sending the national average price of…
Crude Oil
Rising Crude Oil Prices Great Opportunity for Nigeria
President Muhammadu Buhari says rising crude oil prices present a great opportunity for Nigeria, especially with the passage of the Petroleum Industry Act (PIA)…
Crude Oil
EIA Sees Brent Oil Price Falling To Average $72 In 2022
EIA: Crude oil prices are set to decline next year from the current levels of around $80
Oil Price
Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on subs…
Crude Oil
Oil Edges Higher on Tighter U.S. Supplies, Brent Tops $75 a Barrel
Oil prices rose on Thursday as crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since January 2020, with Brent crude o…
Crude Oil
Crude Oil Prices Steady Near Multi-Year Highs
Crude oil prices hovered near multi-year highs on Thursday, buoyed by falling U.S. crude inventories which limited the impact of a stronger U.S. dollar.
Crude Oil
Oil Prices Tumble As Crude Inventories Rise
Crude oil prices moved further down today after the Energy Information Administration reported a crude oil inventory build of 1.3 million barrels for the week t…
Crude Oil
WoodMac: Oil Prices Could Drop To $10 In 2050
Brent Crude oil prices could fall to $10 per barrel by 2050 if the world accelerates the energy transition with decisive action to achieve the Paris Agreement c…
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