Crude oil prices weakened Monday in European trading as the release of healthy Chinese economic data was not enough to turn […]
Tag: oil
Crude Oil Reaches $50
2020 was a rough year for the crude oil market. As the energy demand plunged during the global financial crisis, […]
Oil Up With Supply Constraints In Focus After Saudi Cuts
Oil prices rose almost 1% on Thursday after a fall in U.S. stockpiles added further support following the unilateral decision […]
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 Prices Reach Multi-Month Highs
On Monday oil prices touched multi-month highs on anticipation that OPEC and allied producers may limit output at current levels […]
Oil On 9-Month High As COVID-19 Rush Stokes Demand Fears
Oil prices eased on Friday but stayed within touching distance of nine-month highs hit in the previous session as soaring […]
Oil Prices Hit Nine-Month High After U.S. Crude Stock Draw
Oil hit a nine-month high on Thursday after government data showed a fall in U.S. crude stockpiles last week, while progress towards […]
Oil Prices Rise; Tanker Blast at Saudi Arabia
Oil prices rose on Monday, pushing Brent back above $50 a barrel, buoyed by hopes that a rollout of coronavirus […]
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 […]
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 […]
