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Tag "Brent Crude"

Oil price tops $100 a barrel on possible OPEC+ output cuts

    Oil price tops $100 a barrel on possible OPEC+ output cuts

Oil price rose above $100 a barrel amid talks of output tightening to support prices in the case of a potential Iranian crude deal and the prospect of a drop

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Oil prices fall below $95 a barrel amid fears of global recession

    Oil prices fall below $95 a barrel amid fears of global recession

Oil prices fell on Tuesday as weak economic data from China, a top crude importer, renewed fears of a global recession. Brent crude futures fell 1.6 percent to $93.50 a

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Oil price tumbles to $109 a barrel amid Biden’s push for petrol tax holiday

    Oil price tumbles to $109 a barrel amid Biden’s push for petrol tax holiday

Oil prices fell amid a push by President Joe Biden to bring down soaring fuel costs in the United States.  On Wednesday, Brent crude futures dropped 4.51 percent to $109.98

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OPEC: Nigeria’s oil output rose by 6% to 1.39m bpd in January

    OPEC: Nigeria’s oil output rose by 6% to 1.39m bpd in January

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s oil output increased by six percent to 1.39 million barrels per day (bpd) in January 2022. OPEC said this in its

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Oil price hits $88 a barrel — first time since 2014

  Oil price hits $88 a barrel — first time since 2014

Brent crude, global oil benchmark, rose to $88 a barrel on Tuesday, on tighter supply by Organisation of Petroleum Exporting

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Oil price hits $80 per barrel as OPEC+ retains monthly output

  Oil price hits $80 per barrel as OPEC+ retains monthly output

Oil prices surge on Tuesday as Brent crude, global oil benchmark, surpassed $80 per barrel. At 16:00 GMT +1 on

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Oil price hits $85 a barrel — first time in three years

  Oil price hits $85 a barrel — first time in three years

Brent oil, the global benchmark, has crossed the $85 mark — the highest level since October 2018 — in what

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Oil price hits 2-month high, trades at $77 a barrel

  Oil price hits 2-month high, trades at $77 a barrel

The price of Brent crude rose to the highest in two months amid supply constraints and a drop in crude

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Oil prices drop to one-week low amid declining output in China

  Oil prices drop to one-week low amid declining output in China

Crude oil prices dropped by a week low amid a decline in refining output in China and fresh outbreaks in

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Oil inches towards $80 after OPEC+ calls off output talks

  Oil inches towards $80 after OPEC+ calls off output talks

Oil prices continued an upward trend after talks collapsed among ministers from OPEC+ — consisting of the Organisation of the

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