Tag: Oil Price
Crude oil futures edge higher as demand outlook improves
(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
(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
(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
(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
(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
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
(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...
(Reuters)Â -Â 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
(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...
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...