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Crude oil futures edge higher as demand outlook improves

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(S&P Global Platts) Crude oil futures were higher in mid-morning trade in Asia April 14, despite a pause in the Johnson & Johnson vaccine...

Oil rises on stronger economic outlook

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(Reuters) -Oil prices edged higher on Wednesday on the prospects for stronger global economic growth amid increased COVID-19 vaccinations and a report that crude...

Crude oil futures edge higher, Brent pushes past $65

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(S&P Global Platts) Crude oil futures edged higher during mid-morning trade in Asia March 30 as optimism over the OPEC+ coalition persisting with its...

Oil jumps by 1% as ship runs aground in Suez Canal

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(Reuters) - Oil rose more than 1% on Wednesday after a ship ran aground in the Suez Canal raising supply concerns, although fears of...

Brent crude hits 22-month high

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(S&P Global Platts) Crude futures rallied nearly 3% March 11 amid a rising tide of bullish sentiment fueled by improved second-half 2021 outlooks. NYMEX April...

Guyana draws down highest price for its crude since production began

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Just over a year since oil production began at the Stabroek block offshore Guyana, the government secured its highest price yet for the export...

Brent, WTI forecasts revised 14% higher

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(S&P Global Platts) The US Energy Information Administration revised its crude price forecast higher in its monthly Short-Term Energy Outlook released March 9 amid...

Brent jumps above $70 for first time since pandemic struck as...

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(Reuters) - Brent crude futures jumped above $70 a barrel on Monday for the first time since the COVID-19 pandemic began, while U.S. crude touched its...

Oil soars to highest levels in almost 14 months

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(Reuters) - Oil prices jumped more than $1 a barrel on Friday, hitting their highest levels in nearly 14 months, after OPEC and its...

New Goldman oil price forecast could see Guyana picking up US$75...

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American multinational investment bank and financial services company Goldman Sachs in a new forecast expects Brent oil prices to reach $70 per barrel in the...