Oil Registers Biggest Annual Gain Since At Least 2016: Report
Global oil prices are expected to rise further next year as jet fuel demand catches up.Oil prices fell on Friday but were set to post their biggest annual gains since…
Oil Hits $75 Per Barrel As US Implied Demand Outweighs Omicron Concern
Crude and other risk assets such as equities also got a boostOil nudged above $75 a barrel on Thursday, supported by record U.S. implied demand and falling crude stockpiles, even…
Brent Crude Heads For 5th Week Of Losses As Oil Prices Plunge On New Covid Variant
OPEC+ is monitoring developments around the new coronavirus variantOil prices plunged about $10 a barrel on Friday, their largest one-day drop since April 2020, as a new COVID-19 variant spooked…
Oil Traded Below Multi-Year Highs. Brent Crude Futures Registers 7th Weekly Gain
U.S. West Texas Intermediate crude futures gained $1.26 to settle at $83.76 a barrelOil traded just below multi-year highs on Friday with bullish sentiment about low supplies tamped by concerns…
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.…