Tag: oil prices

Oil Prices Could Rise To More Than $150

  Oil prices could rise to more than $150 a barrel if the conflict in the Middle East escalates, according to the World Bank, reports...

Russia Eases Fuel Export Embargo

Oil prices fell last week, snapping three-week rally Russia lifts export ban on low-quality diesel, marine fuel IIR: U.S. refiners' weekly capacity seen...

Oil Prices Surge on Tightening Supply Outlook

Oil prices surge to a 10-month high, defying a U.S. crude inventory build, as supply concerns and production cuts by major oil-producing nations drive...

Oil Prices Dropped By Almost 4%

Oil prices dropped by almost 4%, extending the previous session's sharp losses, even after a report showed U.S. crude inventories fell more than expected,...

Oil Prices Spike After An Unexpected Decision To Reduce Production

Economists warned that higher oil prices could make it harder to bring down the cost of living. Brent crude prices rose after Saudi...

Oil Falls Over 6% Amid Financial Worries

Oil prices plunged more than 6% to their lowest in more than a year as unease over Credit Suisse spooked world markets and offset...

Economic Jitters Drop Oil $2/Barrel, U.S. Crude Stocks Rise

U.S. business activity contracts in Jan U.S. crude stocks likely to rise - poll OPEC+ panel unlikely to tweak oil policy at Feb....

Oil Prices Rise On China’s COVID-19 Easing And U.S. Storm Concerns

A recent news article published in the Shipping Tribune states that oil prices climb on easing China COVID-19 curbs, concerns over U.S. storm impact. Oil...

Oil Prices Fall As The Druzhba Pipeline Starts Up

Oil falls as Druzhba pipeline reopens, China COVID worries stay at the fore states a Financial Post news source. Oil prices settled more than a...

HSFO Cash Differentials Drop Further

Cash differentials for high sulphur fuel oil (HSFO) declined further on Monday, while the market’s balance-month timespreads slipped into a contango, reports brecorder. HSFO differentials...
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