Oil prices rose more than 7% on Monday, with global benchmark Brent crossing $115 a barrel, as European Union countries debated whether to join the…
Posts tagged as “Oil”
Energy markets have entered correction mode, with prices substantially lower, following a wild three-week rise. Brent has lost 30% of its value since its intra-day…
Many observers predicted that if President Joe Biden announced intentions to release up to 50 million barrels of Oil from the strategic petroleum reserve to…
The major stock index in Canada rose as increased crude Oil Prices prices boosted the energy sector, but a hawkish tone from the US Federal…
Oil prices dropped by more than a tenth in only one day after health officials revealed the discovery of the latest potentially hazardous coronavirus type…
According to the shale patch’s largest operator, US Oil producers are unable to raise output to temper surging crude prices that remain “under Opec supervision.” Last…
Oil prices jumped on Friday, putting them on course for a big week of gains, as energy companies began shutting down output in the Gulf…
The world’s leading Oil and gas companies are attempting to entice investors back by paying out more money to shareholders. Market players, particularly those with…
Oil prices fell on Monday, adding to last week’s severe losses, as fears of a demand slowdown were fueled by mounting Covid cases. WTI crude…
Oil falls in New York after a surprising increase in Oil stocks in the United States fueled renewed fears about demand recovery as China battled…