Tag: brent oil

On October 11, oil prices continued to move higher with both Brent and West Texas Intermediate (WTI) at more than $80 a barrel. WTI was trading at $80.66 and Brent ...

Oil prices have remained steady on September 9, 2021, as the Delta variant of the coronavirus continues to weigh on the demand outlook. The commodity has managed to offset the ...

Oil prices gained 3% on August 23, 2021, breaking the longest losing streak since 2019 of seven straight sessions in the red, as investor risk appetite increased and the United ...

Saudi Aramco followed its other Big Oil competitors to record bumper earnings, enhanced by a recovery in the prices of oil and chemicals. The biggest energy company globally made a ...

The prices of oil rose on July 21, 2021, extending gains from the previous session as a growing risk appetite offered support despite data indicating that there is an unexpected ...

Prince Abdulaziz bin Salman Al-Saud, Saudi Arabia's Minister of Energy, spoke via video link in a virtual emergency meeting of the OPEC and non-OPEC nations, after the outbreak of the ...

On July 1, 2021, an OPEC+ ministerial panel recommended a slow increase in oil output to the end of this year. This gradual increase will pave the way for a ...

On June 29, oil reversed previous losses to surge after OPEC+ expressed optimism that the market appears significantly improved. Also, a major importer, India called in the group to ease ...

Bank of America Corporation said that oil may surge to reach $100 per barrel in the coming year as travel demand rebounds significantly. That is now the strongest call yet ...

The prices of oil dropped on June 11, 2021, but look set for a third weekly rise on the expectations for a demand recovery in China, Europe, and the United ...