Wednesday, April 17, 2024
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Tag "Brent crude oil"

Oil price rises to $78 a barrel amid hopes of increased China demand

    Oil price rises to $78 a barrel amid hopes of increased China demand

Oil prices rose on Friday on hopes that China, the world’s largest crude importer, would increase its demand. Brent crude increased 0.15 percent to $78.81 a barrel at 10.00 GMT+1.

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Oil price nears $85 a barrel amid potential shrink in Russian oil supply

    Oil price nears $85 a barrel amid potential shrink in Russian oil supply

Oil price rose on Friday on hopes that Russian crude oil supplies will drop. Brent crude was up by 2.63 percent to $83.71 a barrel while US West Texas Intermediate

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Oil price falls below $80 a barrel as central banks hike interest rates

    Oil price falls below $80 a barrel as central banks hike interest rates

Oil prices, on Friday, fell as the market assessed the aftermath of interest rate hikes at central banks. Brent crude futures fell 2.28 percent to $78.87 per barrel while West

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Brent crude tops $95 a barrel ahead of OPEC+ meeting

    Brent crude tops $95 a barrel ahead of OPEC+ meeting

Oil prices climbed 2 percent on Friday on expectations that the Organisation of Petroleum Exporting Countries and its allies, called (OPEC+), will cut production. At 9.40 GMT+1, Brent crude climbed

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Oil prices drop below $100 a barrel — lowest in three months

  Oil prices drop below $100 a barrel — lowest in three months

Oil prices fell below $100 a barrel amid fears of a global recession outweighed supply concerns. On Wednesday, Brent Crude,

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JPMorgan: Oil price may hit $185 a barrel if EU bans import from Russia

  JPMorgan: Oil price may hit $185 a barrel if EU bans import from Russia

JPMorgan, American investment bank, says oil prices could increase to a record $185 per barrel if the European Union (EU)

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Oil price rises above $105 a barrel ahead of OPEC+ meeting

  Oil price rises above $105 a barrel ahead of OPEC+ meeting

Global oil price surpassed $105 a barrel ahead of the meeting of the Organisation of the Petroleum Exporting Countries (OPEC)

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