Tag: Brent crude

Brent crude futures rose by $1.18, or 1.70%, to $70.64 per barrel at 11:23 GMT, while U.S. West Texas Intermediate (WTI) crude futures climbed

Market analysts suggest that while factors such as refinery maintenance and geopolitical developments continue...

OPEC+ has long been a central player in global oil markets, but recent analysis by global energy market expert Vandana Hari suggest that while the oil-producing cartel has managed to ...

Global Oil prices have edged higher on Tuesday, recouping some of the previous session's losses, as market sentiment remained cautiously optimistic despite subdued trading activity ahead of the Christmas holiday.   By ...

Global oil prices experienced an uptick on Monday, driven by heightened political uncertainty in key oil-producing nations. The market reacted to the sudden death of Iran’s President Ebrahim Raisi in ...

In a world driven by oil, the price of this essential commodity holds the key to shaping the entire economic landscape. Oil prices are set to rise this year, as ...

Exxon Mobil has posted a better-than-expected $36 billion profit for 2023 on Friday 2nd February, 2024, lifted by fuels trading and higher oil and gas production. Profits from oil majors ...

Energy expert, Dr Yussif Sulemana, has revealed that the hikes in brent crude to $88 per barrel due to the Israeli-Hamas conflict is merely speculative. According to him, the increase ...

Saudi Arabia and other OPEC+ oil producers have announced a surprise cut in oil output of around 1.16 million barrels per day, in a move that has started causing an ...

OPEC country officials predicted that oil may resume its rally in 2023 as Chinese demand recovers after COVID curbs were scrapped and lack of investment limits growth in supply, which ...