Oil prices were steady on Thursday after falling in the previous session on concerns rising inflation in the United States may prompt the government to release more strategic crude stockpiles to drive down prices. Brent crude...
Brent Crude returned above $75 after giving up 9 cents on Tuesday.as oil prices rose on Wednesday after industry data showed U.S. crude inventories fell more than expected, reinforcing views of a tightening supply-demand balance....
Oil futures rose on Friday, reversing early losses and set for a fourth week of gains after OPEC sources said the producer group expected limited U.S. oil output growth this year despite rising prices. But the...
Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold and attention switched to an OPEC+ meeting this week where the extension of supply curbs may be on...
S&P Global Platts has reported that Nigeria is set to resume crude export from the Qua Iboe terminal in Akwa Ibom State, six weeks after a fire at the terminal disrupted production and loadings. The report...
Oil prices fell on Friday, pressured by fears about a slow recovery in the global economy and fuel demand due to an accelerating rise in COVID-19 infections, but remained on track for a second straight...
Oil settled below $40 a barrel on Friday as rising global coronavirus cases stoked fears about lackluster demand and as drawn-out vote counting in the U.S. presidential election kept markets on edge. Brent crude settled down...