Oil Price

Oil prices climb as Chinese border opening spurs fuel demand

Oil prices climbed on Monday as China’s reopening of its borders eased concerns about fuel demand. Persecondnews.com reports that Brent, the benchmark for two...

Oil prices post first quarterly loss ahead of OPEC + meeting

Global oil prices posted their first quarterly loss in two years at the end of a volatile trading week on Friday, as investors...

Oil prices swing amid recession fears

Oil prices swung on Wednesday, losing earlier gains, and slumped to six-month lows as investors weighed fall in US inventories against recession fears...

Oil prices skyrocket as US threatens ban on Russian crude

  Oil prices soared above $130 a barrel in early trading on Monday, their highest since 2008, after the US said it is...

Oil Prices Hit $100, Russia Speaks Out

    Oil prices hit a fresh seven-year high and Brent hit $99 a barrel early on Tuesday amid an escalation in the...

Bank of America Says Oil Prices Could Climb Above $100

  The price of oil could hit $100 per barrel over the next six months If winter temperatures in the northern hemisphere turn...

Oil prices climbs to $43.41 as OPEC+ extends output cuts

    Oil prices rose more than 2% early on Monday to their highest in three months after OPEC and its allies including...

Oil price rises above $31 

  Following ease of coronavirus lockdowns by some countries, oil price on Wednesday rose above $31 per barrel.  Brent crude has almost...

Oil price collapses to $12 as global market experiences glut

    US oil prices dived to 21-year lows Monday, giving up more than 30 percent in a market flooded with crude and...

Oil Price Explosion – Brent Crude Jumps 20%

Oil prices jumped on global markets Sunday night after a wave of weekend drone attacks instantly erased half of Saudi Arabia’s oil production....

Oil price hits $69 per barrel after Niger Delta Avengers threats of attack

Oil prices rose on Thursday on a reported decline in U.S. crude inventories, and as the Niger Delta Avengers threatened to attack oil...