Oil prices rebound as market volatility persists
Slow growth in the Chinese economy has added to the series of bearish factors affecting the oil market
Tag: Brent Crude
Oil price nears $90 per barrel as OPEC+ considers substantial production cut
Source from OPEC said that the group will likely agree on a production cut but gave no indication of the ...
World’s richest countries cap Russia’s oil as Brent crude trades below $95 a barrel
The price of Brent crude futures increased by 66 cents to reach $93 per barrel, while the price of WTI ...
Major oil benchmarks bullish as Saudi Arabia warns of OPEC+ output cuts
All eyes are now on the U.S. crude supply, as market participants are awaiting industry data due today.
Brent falls below $100 for the first time since April 2022
The price of the global benchmark has fallen to a level not traded in 12 weeks, as a result of ...
Brent reclaims $120 after Saudi Arabia hikes crude prices for July 2022
Crude oil started the week on a bullish note as the Brent pushed above $120 a barrel after Saudi Arabia ...
Oil on track for weekly gains amid global supply concerns
Prices of the two major benchmarks are down on Friday but are still on track for weekly gains, supported by ...
Oil prices down over 1% on concerns over recession and China’s COVID restrictions
The world is facing an oil supply crunch, with most companies afraid to invest in the sector as they face ...
Oil bullish on tight supply as US driving season looms
The upcoming US peak driving season could see higher fuel demand, thereby causing a supply shock and putting pressure to ...
Oil bullish on weaker dollar and proposed EU sanctions
The prices of the two major oil benchmarks are bullish today as a result of the EU's proposal for new ...
