Tag: Oil Price
Oil falls by $1 amid fuel demand concerns
(Reuters) - Oil prices fell $1 on Monday as concerns about fuel demand caused by the spread of COVID-19 variantsas well aschanges to import...
Oil price environment looks ‘constructive’, says Baker Hughes top executive
(S&P Global Platts) Continued signs of global economic recovery from the coronavirus pandemic should prompt further demand growth for oil and natural gas, not...
Oil prices take biggest one-day hit since March after OPEC+ agreed...
(Reuters) - Oil slumped more than $5 a barrel on Monday, headed for its worst day since March, after OPEC+ agreed to boost output,...
Oil prices slip as new poll shows COVID-19 cases rising in...
(Reuters) - Crude futures slipped on Monday as concerns over slowing global growth outweighed the prospect of tightening supply after talks among key producers...
Oil prices fall third day in a row amid OPEC+ uncertainty
(Reuters) - Oil prices fell for a third day on Thursday amid uncertainty over supply after the collapse this week of talks among major...
OPEC+ brinkmanship pushing oil prices, reminds markets of inflation pain points
(Reuters) - OPEC+ brinkmanship has taken oil prices towards $80 a barrel, the highest since 2018, threatening to upend central banks' transitory inflation narrative...
Oil prices jump higher as OPEC+ abandons talks on output levels
(Reuters) - Oil prices rose on Monday, driven higher after OPEC+ nations called off talks on output levels, meaning no deal to boost production...
Oil holds steady after OPEC+ failed to reach consensus on production...
(S&P Global Platts) Crude oil futures were steady during mid-morning trade in Asia July 2 as the market awaited clarity on OPEC+'s production plans...
Oil price climbing to a point where Guyana can rake in...
An oil supply shortfall is coming and with OPEC+ expected to provide just a fraction of the demand, barrels from producers outside of the...
Oil jumps to 2-year high as travel picks up
(Reuters) Oil rose above $75 a barrel on Wednesday, reaching its highest since late 2018, after an industry report on U.S. crude inventories reinforced...