Crude oil prices went lower…
Israeli authorities claimed to have…
China has released gasoline and diesel from its fuel reserve to arrest a price climb that has increased volatility in some parts of the country, Reuters has reported, citing…
Oil and natural gas prices have fallen over the past few days thanks to a trifecta of bearish catalysts: Warm weather, Putin’s natural gas intervention, and an agreement to resume…
Crude oil could hit $100 per barrel if the winter turns out cold, one analyst has warned, adding that natural gas prices could double from current levels. BMO Capital Markets…
China put more than 35,000 residents in a northern county on lockdown as of Monday to contain a new COVID flare-up in the country – a development which the…
Brent Crude prices hit $86.10 per barrel early on Thursday, jumping to the highest level in three years, before retreating to just above $85 amid profit-taking. Driven by signs of…
Oil prices could hit $100 a barrel during the first half of 2022 amid low global commercial stocks, Iraq’s Oil Minister Ihsan Abdul Jabbar Ismaael said on Wednesday, as…
Oil prices dropped early on Wednesday after China said it was considering an intervention on the domestic coal market to reduce the record prices down to a “reasonable range.” As…
The ongoing energy crunch has put a lid on what seemed to be the ideal bull run for this year’s autumn season – OPEC+ has maintained rigorous discipline even after…
Oil prices reversed course on Tuesday, paring gains from earlier in the day in what some analysts described as a short-term pullback from multi-year highs as the global energy crunch…
With oil prices rallying in recent weeks, it looks like we are going to see $100 a barrel oil, John Catsimatidis, who is active in both the oil and food…
Oil prices rose early on Monday, extending Friday’s gains and hitting fresh multi-year highs, as the energy crisis in Europe and Asia continues to brighten the outlook for oil products…
Oil prices rose early on Friday, with WTI Crude set for its eighth consecutive weekly gain for the longest weekly winning streak since 2015 and Brent briefly topping $85 a…
It is “quite possible” that the WTI Crude oil prices reach $100 per barrel in light of growing global demand for energy commodities, Russian President Vladimir Putin said on a…
Wild spikes in the prompt timespread for oil product futures in the United States have suggested that crude oil supply is set to tighten further, adding upward pressure to prices,…
Oil prices extended Friday’s rally into Monday, with the U.S. benchmark topping $81 and trading just shy of $82 a barrel as Europe and Asia continue to struggle to…
Oil prices rose early on Friday, headed to another week of gains with the U.S. benchmark reaching $80 per barrel, as the world scrambles for natural gas and coal supply…
There has been a major dichotomy on Wall Street regarding the oil price trajectory, with some viewing the massive oil and gas rally as being temporary and transitory…
A release of crude oil from the U.S. emergency reserve is one option the Department of Energy is considering in a bid to tame prices at the gas pump. Another…
Saudi Arabia has cut its official crude oil selling price for Asian buyers following the latest price rise spurred by the OPEC+ decision to stick to monthly additions of 400,000…
Last year, shortly after the World Health Organization (WHO) declared Covid-19 a global pandemic, governments everywhere unveiled massive monetary and fiscal stimuli (over $15T globally) in a bid…