Oil prices are expected to remain relatively stable this week after a small gain last week, indicating a complicated interplay of market forces. Th...
Nigerian oil prices per barrel rose slightly in London on Monday, continuing the upward trend that began last week. This surge, combined with conc...
The US price of sour oil has noticeably increased since the Biden administration announced plans to buy comparable crude for its emergency reserves th...
Oil prices dropped further on Monday, indicating concerns about slowing Chinese consumption. Despite geopolitical tensions in the Middle East...
After witnessing sharp falls the previous week, oil prices "stabilised" in early Asian trading on Monday, amid continued attempts to es...
Oil prices witnessed a decline of over 2% on Thursday, owing to unsubstantiated reports of an Israel-Hamas truce. This, combined with a major refinery...
Oil prices fell on Wednesday as China's economic growth fell slightly short of estimates, raising fears about future demand. Furthermore, the stre...
Oil prices fell more than 1% on Monday, with sharp price cuts by top producer Saudi Arabia and an increase in OPEC output offsetting concerns over gro...
Oil prices jumped more than 1% in Asian trade on Monday, buoyed by lower Russian shipments and as Houthi attacks on ships in the Red Sea fanned concer...
Oil prices rose on Monday, fueled by heightened geopolitical tensions in the Middle East, raising fears about the region's oil supplies. The in...
Germany is considering extending the price caps on gas and electricity prices until the end of the coming winter in March 2024, Reuters reported on Fr...
The OPEC+ panel assessing the oil market concluded a brief meeting on Wednesday without suggesting any changes to the present oil production strategy,...
Brent crude declined on Wednesday ahead of the OPEC+ ministerial council meeting, as the market weighed expectations for tighter supply against concer...
Crude oil prices fell on Thursday after a string of rises earlier in the week. Brent crude, in particular, fell sharply just before it approached the ...
Brent crude reached $97.24 per barrel on Thursday, its highest level since November 2022, according to a recent analysis of oil prices. Demand surg...