Oil Prices Fall Below $90. It’s Not Just About Middle East Tensions.

Markets are still anxiously awaiting Israel’s response to Iran’s attacks over the weekend. A further escalation of the conflict could lead to a significant spike in oil prices. Read More

Oil prices edge up off 3-month lows, but demand concerns persist

NEW YORK: Oil futures on Wednesday ... Brent crude rose US$1.01, or 2.5%, to settle at $40.79 a barrel. The benchmark dropped more than 5% on Tuesday to fall below $40 for the first time since ... Read More

Oil prices edge lower on stronger dollar, weak U.S. gasoline demand

Oil prices fell for the second consecutive session ... U.S. West Texas Intermediate (WTI) crude futures for May delivery fell 39 cents, or 0.5%, to $81.23 a barrel. Both Brent and WTI had fallen ... Read More

Oil Prices Edge Up as CME Raises Margins

Crude oil prices were edging ... Brent crude was up by as much as 1.5% and was recently trading above the $117 mark. On Monday, crude oil had rebounded strongly after last week's demolition ... Read More

Will global energy prices fall this year?

Over the next 12 months, demand for oil is expected to increase by around 1.1 million barrels per day, according to a report from analysts at the industry news ... allow prices to go up to the ... Read More

Crude Oil Prices Edge to 5-Month High, Doesn’t Feel Like a ’Breakout’

headline (3.5% vs 3.4 ... crude oil’s performance through Q1 was exceptional. In a raw measure of movement, the commodity posted its biggest three-month rally (32 percent) since the second ... Read More

Oil prices advance on tighter supply outlook

LONDON: Oil prices ... supply outlook ahead, while the OPEC+ producer alliance was widely expected to stay the course on its current production cuts. Brent crude futures for May were up 91 cents ... Read More

oil prices

Bloomberg reported that Urals grade crude is selling at around $75 a barrel, exceeding the G7 nations' $60 price cap on Russian oil. Citi says investors should avoid chasing the rebound in value ... Read More

Oil prices fall as weak China trade data offsets supply concerns

SINGAPORE: Oil prices slipped on Tuesday after data ... but still up 17% from a year ago. At the same time, China's overall imports dropped 12.4% and exports fell 14.5% from a year earlier. Read More

Sinopec Posts 13 Percent Fall in Annual Profit on Weaker Oil Prices

Sinopec's annual profits declined 13 percent, after oil prices fell and Chinese ... fell and its chemicals business continued to lose money. Chinese refiners ramped up fuel production last year ... Read More

Oil prices settle at a four-month high after IEA lifts demand-growth outlook

Oil futures rose Thursday ... he said. Crude prices rose sharply Wednesday after data from the Energy Information Administration showed a fall in U.S. crude inventories last week. Read More

Oil & gas News

Showcase your company news with guaranteed exposure both in print and online Gather your employees for an afternoon of games as we honor the Best Places to… Join us for lunch and constructive ... Read More