Tag: oil prices
Oil prices crash as US-Iran deal hopes calm Global Markets
Global oil prices continued their downward slide on Thursday as growing optimism over possible diplomatic progress between the United States…
Oil falls below $100 following Trump comments about Iran talks
Before the conflict began, Brent had traded between 60 dollars and 70 dollars for several months.
Oil prices fall as OPEC plans to produce more
Sources say OPEC+ may agree to raise production by as much as 500,000 barrels per day in November three times…
Oil prices hit $90 as Saudi Arabia, Russia cut supplies
Investors had expected both leading oil producers to extend voluntary cuts into October, but the three-month extension was unexpected.
Oil prices inch higher ahead of U.S. inventories data
Brent crude futures for August had risen 21 cents, or 0.2%, to $120.79 a barrel by 0413 GMT after closing…
Oil prices slide after OPEC+ production hike
The oil exporters’ cartel said it would increase supply by 648,000 barrels per day in July and August, 200,000 barrels…
Oil prices jump as EU mulls Russian ban
Prices moved higher ahead of talks this week between European Union governments and U.S. President Joe Biden for a series…
Oil prices soar to $139, with plans to boycott Russian oil
Bank of America analysts noted that if Russia's oil is cut off, the market could face a 5 million barrel…
Oil prices soar amidst Russia sanctions
Amid the war in Ukraine, the Organization of the Petroleum Exporting Countries (OPEC), Russia and allies - together called OPEC+…
Updated: Oil prices jump to 2014 levels over Ukrainian crisis
Brent crude rose $8.24, or 8.5%, to $105.08 a barrel at 1045 GMT. U.S. West Texas Intermediate (WTI) crude jumped…
Oil prices surge above $100, stocks plunge as Russia attacks Ukraine
Global stocks and U.S. bond yields took a dive while the dollar also jumped higher. It was a bad day…
Oil prices bullish again, hit $91.31
The benchmarks recorded their highest levels since October 2014 on Friday, $91.70 and $88.84, respectively, and their sixth straight weekly…
Oil prices hit highest level since 2014
As of 8:04 a.m. EST on Tuesday, WTI Crude was up 1.20% at $84.90. Brent Crude traded at $87.20, up…
Global Oil prices rise
Oil prices rose after U.S. government data showed crude and fuel inventories fell, offsetting worries that rising coronavirus cases might…
Oil prices rise again amid global energy crisis
The Organisation of the Petroleum Exporting Countries (OPEC) and allies, together called OPEC+, last week decided to maintain a steady…