Oil breaks the $100 ceiling after Russia attacks on Ukraine
Oil prices peaked this Thursday with Brent crude futures reaching $105 per barrel for the first time since 2014 after Russia’s attack on Ukraine sparked...
Tag : oil prices
Oil prices spike after inventories drop; US-Iran talks ongoing
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Oil prices peaked up this Wednesday after the US crude inventories dropped by around 5 million barrels, versus market expectations of a slight increase. Such...
Oil surpasses $90 per barrel over Ukraine and Russia tensions
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Oil prices went up and surpassed $90 per barrel this Wednesday for the first time since 2014, supported by tight supplies and rising political tensions...
Oil gets near $82 per barrel as demand recovers and supply tightens
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Oil prices got near $82 per barrel this Tuesday, supported by tight supplies and stronger demand, as coronavirus cases soar, but not mobility restrictions and...
Oil goes up above $78 as investors remain optimistic about 2022
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Oil prices were up above $78 per barrel this Monday, supported by tight supplies and hopes of a broader and continued recovery in 2022. The...
Oil prices recover 3% as Omicron fears fade away
Oil prices recovered around 3% this Monday as fears of the Omicron variant causing severe demand disruption in the market are fading away. According to...
Oil snaps three-day rally before Christmas
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Oil prices snapped a three-day rally this Friday after Christmas, even though, oil prices ended up the week higher, as the market is easing concerns...
US to sell 18 million barrels from Strategic Petroleum Reserve
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The US government will sell 18 million barrels from the Strategic Petroleum Reserve to companies on January 4, 2022. The release is part of a...
Oil prices near $75 per barrel, boosted by easing concerns over Omicron
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Oil prices rose this Friday and headed on to their biggest weekly gain since late August, as the market is easing its concerns over Omicron,...
Oil jumps back towards $72 as Omicron panic brushes off the market
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Oil prices jumped back towards $72 per barrel this Monday, as the initial panic caused by the Omicron variant of the Covid-19 is now brushing...