Oil in panic mode on calls for Joe Biden to open Strategic Petroleum Reserve
In response to President Biden's suggestion that the Strategic Petroleum Reserve be used to counter the surge in gasoline prices ...
Tag: West Texas Intermediate
U.S oil gains for the 9th consecutive week
The United States benchmark, the West Texas Intermediate (WTI), has appreciated for the ninth consecutive week, extending its winning streak ...
U.S oil trades 7-year high amid global energy crisis
The U.S benchmark, the West Texas Intermediate (WTI), has broken through the $80 resistance zone, to currently stand at $81.30, ...
U.S Oil on the verge of breaking $80 range
The U.S. oil benchmark, the West Texas Intermediate (WTI) is on the verge of breaking through the $80 resistance zone ...
Naira depreciates at official market as oil price hits two months high
Thursday, 23rd September 2021: The exchange rate between the naira and the US dollar closed at N413.68/$1, at the official ...
Crude oil starts the week bullish
Brent crude oil is up 0.33%, currently trading $73.75 a barrel while U.S. Oil, West Texas Intermediate (WTI) is up ...
Oil traders slow down buying efforts on fears of Europe’s energy demand
Brent crude futures were also down by 0.2%, to trade at $68.29 a barrel.
Oil prices near $60 a barrel, OPEC+ stays resolute on supply cuts
Oil traders are going long on hopes that a $1.9 trillion stimulus package proposed by Joe Biden last month would ...
Oil prices pump up in January with gains of more than 7%
Oil prices settled lower for the second straight week on fears that energy demand might face challenges.
Oil prices tumble on fears that energy demand is dropping
Oil prices drifted lower after digesting a surprising build in U.S. crude oil inventories that re-ignited fuel demand anxiety.
