oil prices Tag

Oil settled higher on Friday, one expectations that OPEC's decision to increase production targets by slightly more than planned will not add enough oil to global supply which should tighten as China eases COVID restrictions. The...

Oil slipped on Friday after OPEC+ decided to increase production targets by slightly more than planned, although tight global supply and rising demand as China eases COVID restrictions limited the decline. The Organization of the Petroleum...

Oil prices rose on Monday, hitting their highest in more than two months, as traders waited to see whether a planned European Union meeting would reach an agreement on banning Russian oil imports. The Brent crude...

Oil prices rose on Thursday, extending a cautious rally this week on signs of tight supply as the European Union (EU) wrangles with Hungary over plans to ban imports from Russia. Brent crude futures for July...

Oil fell by almost $1 on Tuesday as concerns over a possible recession and China's COVID-19 curbs outweighed tight global supply and expectations of a pick-up in fuel demand with the U.S. summer driving season. Investment...

Oil prices gained on Monday with U.S. fuel demand, tight supply and a slightly weaker U.S. dollar supporting the market, as Shanghai prepares to reopen after a two-month lockdown that fuelled worries about a sharp...