Oil prices rose on Monday as the slow return of U.S. crude output cut by frigid conditions served as a reminder of […]
Tag: crude oil
Oil Hits 13-Month Highs As Market Re-Balances
Oil prices soared on Monday to their highest in about 13 months as vaccine rollouts promised to revive demand and […]
Oil Holds Steady as Supply Cuts Balance Slowing Fuel Demand
Oil prices were mixed on Friday as slowing fuel demand was balanced by a pending supply cut by Saudi Arabia […]
Crude Oil Reaches $50
2020 was a rough year for the crude oil market. As the energy demand plunged during the global financial crisis, […]
After Saudi Arabia Pledges Unilateral Output Cut, Oil Rises To 11 Month High
On Wednesday oil prices rose to their highest since February 2020 after Saudi Arabia agreed to reduce output more than […]
Oil Steady on OPEC+ Deal, Gold Slides
Oil prices are quite steady today, in keeping with how they’ve traded for most of the week. A lot of […]
Oil Slips As COVID-19 Lockdowns Increase
Oil prices fell on Tuesday, adding to losses from the previous session that came as California tightened its pandemic lockdown […]
Brent Crude Could Drop To $45 In 2021 Despite Positive Vaccine News
Fitch Ratings expects Brent prices to drop to $45 per barrel in 2021 — even though there’s good news on the vaccine […]
Twitter Blocks Iran Oil Minister’s Account
Twitter has blocked the official account of Bijan Zanganeh, the Petroleum Minister of Iran, IRNA has reported. OFAC is also […]
Global oil demand unlikely to go up from the vaccine news
Global oil demand is unlikely to get a significant boost from the roll-out of vaccines against COVID-19 until well into […]
