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...
Oil Prices Could Hit $380 Per Barrel, JP Morgan Warns
The price of oil may rise to an all-time high of $380 per barrel if the United States and European sanctions lead Russia to reduce its crude supply in retaliation.
This was disclosed by JPMorgan analysts...
Oil Prices Rebound, Now $107.91/Barrel
Oil prices rebounded on Wednesday as a drop in U.S. oil inventories and concerns over tighter supplies from Russia and Libya drove a recovery from the previous session’s sharp losses.
Brent crude LCOc1 futures rose 65 cents, or 0.6%, to $107.90...
Oil Prices Drop Below $100 A Barrel Amid Lockdowns In China
Oil prices, on Monday, plunged 4 per cent amid concerns that the pandemic will cut demand in China.
Brent crude futures fell 4 5 per cent to $98.16 a barrel by 19:53 GMT +1, while...
Oil Prices Surge Amid Russia-Ukraine Tensions
Oil rose to its highest since 2014 yesterday after Moscow ordered troops into two breakaway regions in eastern Ukraine, adding to supply concerns that are pushing prices towards $100 a barrel.
Brent crude, the global benchmark, was up $1.93, or...
