Oil Prices Rise As Houthis Strengthen Their Attacks
On Thursday, oil prices rose as Iran-aligned Houthis stepped up their attacks in the Red Sea near Yemen while the market faced a large build in crude inventories in the world’s largest producer, the United States.
During the...
Oil Prices Set For $105 On Global Demand Growth
Solid growth in global oil demand is set to drive oil prices to above $100 this year and Brent Crude could trade at $105 per barrel by the fourth quarter.
Also, global oil demand is set to...
Oil Price Gains 2%, Rises To $85/Barrel
The global benchmark for crude oil, Brent Crude, has risen by 2.5 per cent and traded above $85 on Tuesday as a result of expectations that China might ease its COVID-19 restrictions.
Oil market updates by oilprice.com showed that...
Crude Oil Price Drops To $86 Per Barrel
Brent, the global benchmark for crude, dropped in price on Sunday as virtually all oil grades witnessed reduced prices on the first day of the week despite efforts by the Organisation of Petroleum Exporting Countries (OPEC) to...
Oil Prices Plunge To $95 On Prospect Of Iran’s Nuclear Deal
Oil prices plunged yesterday amid a considerable progression in restoring Iran’s 2015 nuclear deal with world powers.
Brent crude futures, the global oil benchmark, fell $1.3 per cent to $95.31 a barrel.
US West Texas Intermediate,...
OPEC+ Set To Meet Today As Oil Prices Recover
Oil prices recovered after a turbulent session as traders counted down to the Organisation of Petroleum Exporting Countries and allies (OPEC+) meeting which is set to hold today over September supply.
West Texas Intermediate futures climbed more...
