Oil prices Surge Above $50 As US Stockpiles Shrink
Oil prices extend its gains Thursday morning to a nine-month high at $51.06 after United States (US) crude stockpiles declined more than expected and lawmakers edged closer toward a new…
Oil Extend Losses As Coronavirus Spike Cools Demand Hopes
Oil prices slid for a second straight session on Monday as coronavirus cases rose in the United States and other places, leading some countries to resume partial lockdowns that could…
Oil Prices Nudge Higher, Eyes On Speech By Fed Chair
Oil prices clawed back the previous day’s losses on Friday, with Brent nudging above $60 a barrel. This is as tighter supplies from key producers offset slowing demand growth and…
Oil Rises Towards $65 On Fears Of U.S. Attack On Iran
Oil prices rallied towards 65 dollars per barrel on fears of a U.S. military attack on Iran that would disrupt flows from the Middle East, which provides more than 20…
Oil Prices Dip To 18-Month Low
Jennifer Akamanu Oil prices fell more than one per cent on Thursday after rebounding eight per cent in the previous session, as worries over a glut in crude supply…
