Brent Crude Prices Recoup Losses And Rise Nearly 3%, Back-Up Above $100
Oil rises as OPEC warns of tight supply, China eases COVID curbsThe wild gyrations in crude markets continued on Tuesday, with Brent oil prices trading nearly 3 per cent higher…
Oil Prices Fall Sharply To Below $107 A Barrel On Hopes Of US Crude Supply Boost
Oil prices dive as US weighs massive reserves releaseOil prices fell sharply to below $107 a barrel on Thursday as the US administration considered releasing crude for several months from…
Global Markets’ Turmoil To Continue, Early Indications Point To Risk Aversion
Global Markets’ turmoil to continue, early indications point to risk aversionFinancial markets brace for more turmoil this week as the Russia-Ukraine conflict shows little signs of easing. At the same…
India, US, China To Release Crude In Coordinated Bid To Tame Prices
The U.S. will release 50 million barrels of crude from its strategic reserves in concert with China, Japan, India and South Korea and the U.K — an unprecedented, coordinated attempt…
Crude Oil Prices Settle Higher On Renewed Supply Concerns: Report
Brent fell for a second straight week, slipping about two per centCrude prices settled higher on Friday fuelled by renewed supply concerns after OPEC+ producers rebuffed a U.S. call to…
Oil Climbs While OPEC+ Considers Output Increase
OPEC+ is moving towards adding about 2 million barrels per day (bpd) of oil this yearOil rose almost $2 on Thursday, supported by the prospect of strengthening demand, lower U.S.…