Tag: Brent crude

Brent crude oil prices have risen, for the fifth consecutive day on Monday, nearing US$80 a barrel amid supply constraints as demand gains momentum in UK, Europe and other economies. ...

A strong demand for gasoline in China drove crude oil demand higher and subsequently increased the prices of the commodity in the market, according to a Bloomberg report. According to ...

Crude oil spot prices made a come-back in gains, after a slump in April 2021, rising about 6 percent on average month-on-month basis. This is buoyed by the stronger physical ...

Oil price has pulled back after hitting an all year high in the early hours of Monday as investors await the outcome of this week's talks between Iran and world ...

Goldman Sachs forecasts that Brent Crude will rise to $65 per barrel in the next six months, earlier than anticipated, due to the boost in demand from the rollout of ...

Oil demand and supply has experienced massive changes over the past months due to the ongoing coronavirus pandemic. Although global demand and supply for oil is being anticipated to improve, ...

Organization of the Petroleum Exporting Countries (OPEC) and its allies are set to reverse output cuts in August as oil prices steadied on Monday, pressured by rising COVID-19 cases around ...

The Institute of Energy Security, IES, says consumers and stakeholders should not be expecting any major change in the prices of fuel and other petroleum products at the various pumps ...