Tag: crude 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 ...

Global record-high natural gas prices appear to be pushing some of the energy-intensive firms to curtail production in a trend that is now adding to disruptions to global supply chains ...

Sinopec Corp’s top executive says China’s oil consumption is predicted to peak around 2026 at about 16 million barrels per day. He also said that the consumption of natural gas ...

After the recent announcements of massive developments in Iraq by various major oil companies, the nation seems to be rebounding considerably from the COVID-19 pandemic. It now looks to maintain ...

Rahul Dhir, Tullow Oil Plc chief, described a strong operational performance as the firm released its financial results for the first half of this year. In this period, sales revenue ...

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 ...

The prices of oil surged on August 27, 2021, and seems on track to record massive gains for the week on fears about supply disruptions as energy firms started shutting ...

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 ...