Results for
OIl
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Oil extends rally on prospect of fresh Russia sanctions by US, Europe
Oil prices rose on Tuesday as the United States and Europe planned new sanctions to punish Russia over alleged war crimes in Ukraine, raising concerns ... Energy -
Oil prices drop to lowest in three weeks as Russia favors Iran nuclear deal
Oil prices dropped to their lowest in almost three weeks on Tuesday as Russia indicated it is in favor of the Iran nuclear deal resuming as soon as ... Energy -
Oil price rises towards $85 on demand recovery, lagging OPEC supply
Oil rose towards $85 a barrel on Tuesday, not far from a multi-year high, supported by signs that supply from OPEC and other producers is falling ... Energy -
Oil prices extend gains to multi-year highs on tight global supply
Oil prices extended pre-weekend gains on Monday to hit multi-year highs, lifted by tight global supply and strengthening fuel demand in the United ... Energy -
Oil prices fall as major economies suffer inflation, supply chain issues
Oil prices edged down on Wednesday on concerns that oil demand growth will fall as major economies suffer through inflation and supply chain issues ... Energy -
Oil price hits multi-year high on OPEC+ restraint amid tightening energy supplies
Oil hit a multi-year high on Wednesday above $83 a barrel, supported by OPEC+’s refusal to ramp up production more rapidly against a backdrop of ... Energy -
Oil prices rise on growing fuel demand, tight supply
Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw in US crude inventories as production ... Energy -
Oil price rallies towards $73 on tight US supplies, Biden-Xi call
Oil rose towards $73 a barrel on Friday, supported by growing signs of supply tightness in the United States as a result of Hurricane Ida and as ... Energy -
Value of Saudi Arabia’s June oil exports rise 123 pct to over $16 bln
The value of Saudi Arabia’s oil exports in June increased 123 percent to 61.5 billion riyals ($16.4 billion) from a year earlier while non-oil exports ... Gulf -
Oil prices rebound after seven-day losing streak, helped by weaker dollar
Oil prices jumped 3 percent on Monday, recovering from a seven-day losing streak, with gains driven by a weaker dollar despite demand concerns stoked ... Energy -
Oil prices dip slightly as delta variant weighs on demand forecasts
The Brent benchmark oil price fell for a second day on Friday, albeit holding above $70 a barrel, after the International Energy Agency warned that ... Coronavirus -
Oil prices climb towards $75 on demand rise, falling inventories
Oil gained for a fifth day on Wednesday, climbing towards $75 a barrel to its highest since April 2019, supported by a recovery in demand from the ... Energy -
Oil prices up more than $1 as potential hitch emerges during Iran talks
Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs said ... Energy -
Oil prices gain after cyberattack forces shutdown of Colonial Pipeline in US
Oil rose on Monday after major US fuel pipeline operator Colonial Pipeline had to shut fuel pipelines due to a cyberattack, raising concerns about ... Energy -
Oil prices near $70 as easing restrictions in UK, US boost demand hopes
Oil prices rose for a third day on Wednesday as easing of lockdowns in the United States and parts of Europe heralded a boost in fuel demand in summer ... Energy -
Oil prices rise after Saudi minister urges caution on market at OPEC+ meet
Oil prices rose more than $1 per barrel on Thursday after Saudi Energy Minister Prince Abdulaziz bin Salman urged caution and vigilance at the ... Energy -
Oil prices slip on fears over higher supply from OPEC+, slowing demand from China
Oil prices slipped on Tuesday as expectations that top producers would agree to raise oil supply in a meeting this week weighed on sentiment, already ... Energy -
Oil prices soar to 13-month highs above $63 as market re-balances
Oil prices soared on Monday to their highest in about 13 months as vaccine rollouts promised to revive demand and producers kept supply reined ... Energy -
With oil past peak, energy major Shell vows net zero emissions goal by 2050
Energy giant Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, raising its ambition from previous targets, as its oil output declines ... Energy -
Despite revising down 2021 demand growth, OPEC+ sees oil market deficit
OPEC+ expects deep output cuts will keep the global oil market in deficit throughout the year, even though the producer group has revised down 2021 ... Coronavirus -
Crude oil prices rise 2 pct, hit near 12-month highs as producers restrain output
Oil prices rose more than 2 percent on Tuesday, hitting near 12-month highs after major crude producers showed they were reining in output roughly in ... Energy
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