Tag: Oil Prices

Oil prices fall for third consecutive week

|Date: Saturday, May 13, 2023

Oil prices fall for third consecutive week

Oil prices settled more than 1% lower on Friday, falling for the third consecutive week, according to Reu ...

Oil prices settled more than 1% lower on Friday, falling for the third consecutive week, according to Reuters. ...

Saturday, May 13, 2023
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Oil prices little changed as U.S. crude drawdown offsets China COVID worries

|Date: Wednesday, December 21, 2022

Oil prices little changed as U.S. crude drawdown offsets China COVID worries

Oil prices were little changed on Wednesday as a larger-than-expected draw in U.S. crude stocks offset wo ...

Oil prices were little changed on Wednesday as a larger-than-expected draw in U.S. crude stocks offset worries about rising COVID-19 cases in top oil importer China, Reuters reported. ...

Wednesday, December 21, 2022
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Oil prices fall over $1/bbl on Russian oil price cap talks

|Date: Wednesday, November 23, 2022

Oil prices fall over $1/bbl on Russian oil price cap talks

Oil prices fell by more than $1 a barrel on Wednesday as the Group of Seven (G7) nations looked at a pric ...

Oil prices fell by more than $1 a barrel on Wednesday as the Group of Seven (G7) nations looked at a price cap on Russian oil above where the crude grade is currently trading, according to Reuters. ...

Wednesday, November 23, 2022
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Oil prices dip on U.S. inventory build, China COVID worries

|Date: Wednesday, November 9, 2022

Oil prices dip on U.S. inventory build, China COVID worries

Oil prices slipped on Wednesday after industry data showed that U.S. crude stockpiles rose more than expe ...

Oil prices slipped on Wednesday after industry data showed that U.S. crude stockpiles rose more than expected and on concerns that a rebound in COVID-19 cases in top importer China would hurt fuel dem ...

Wednesday, November 9, 2022
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Oil contracts settle near highest level in three weeks

|Date: Thursday, October 6, 2022

Oil contracts settle near highest level in three weeks

Oil prices stabilized near a three-week high Thursday after OPEC+ agreed to reduce global crude supplies ...

Oil prices stabilized near a three-week high Thursday after OPEC+ agreed to reduce global crude supplies by reducing production by about two million barrels per day, in the largest reduction since 202 ...

Thursday, October 6, 2022
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Oil prices rise after biggest fall since January

|Date: Thursday, September 8, 2022

Oil prices rise after biggest fall since January

Oil prices increased Thursday after their biggest decline Wednesday by close to 6 percent, down to its lo ...

Oil prices increased Thursday after their biggest decline Wednesday by close to 6 percent, down to its lowest level in nearly 9 months, specifically since January 2022. ...

Thursday, September 8, 2022
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Oil prices exceed $107 a barrel

|Date: Thursday, July 28, 2022

Oil prices exceed $107 a barrel

Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, supported by impro ...

Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, supported by improved risk appetite among investors, while falling crude inventories and reviving US gasoline dem ...

Thursday, July 28, 2022
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OPEC daily basket price stands at $109.35 a barrel Tuesday

|Date: Wednesday, July 27, 2022

OPEC daily basket price stands at $109.35 a barrel Tuesday

The price of OPEC basket of thirteen crudes stood at US$109.35 a barrel on Tuesday, compared with US$106. ...

The price of OPEC basket of thirteen crudes stood at US$109.35 a barrel on Tuesday, compared with US$106.27 the previous day, according to OPEC Secretariat calculations. ...

Wednesday, July 27, 2022
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Brent crude prices fell to $106 a barrel

|Date: Monday, July 11, 2022

Brent crude prices fell to $106 a barrel

Brent crude recorded Monday a decline of one percent, after rising Friday by about 2.3%. ...

Brent crude recorded Monday a decline of one percent, after rising Friday by about 2.3%. ...

Monday, July 11, 2022
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Oil slumps 4% as Biden set to cut fuel costs for drivers

|Date: Wednesday, June 22, 2022

Oil slumps 4% as Biden set to cut fuel costs for drivers

Oil prices tumbled on Wednesday on news of a plan by U.S. President Joe Biden to cut fuel costs for drive ...

Oil prices tumbled on Wednesday on news of a plan by U.S. President Joe Biden to cut fuel costs for drivers and amid concerns over a potential economic recession after recent central bank rate hikes, ...

Wednesday, June 22, 2022
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Oil prices fall for third consecutive week

Oil prices fall for third consecutive week

Oil prices little changed as U.S. crude drawdown offsets China COVID worries

Oil prices little changed as U.S. crude drawdown offsets China COVID worries

Oil prices fall over $1/bbl on Russian oil price cap talks

Oil prices fall over $1/bbl on Russian oil price cap talks

Oil prices dip on U.S. inventory build, China COVID worries

Oil prices dip on U.S. inventory build, China COVID worries

Oil contracts settle near highest level in three weeks

Oil contracts settle near highest level in three weeks

Oil prices rise after biggest fall since January

Oil prices rise after biggest fall since January

Oil prices exceed $107 a barrel

Oil prices exceed $107 a barrel

OPEC daily basket price stands at $109.35 a barrel Tuesday

OPEC daily basket price stands at $109.35 a barrel Tuesday

Brent crude prices fell to $106 a barrel

Brent crude prices fell to $106 a barrel

Oil slumps 4% as Biden set to cut fuel costs for drivers

Oil slumps 4% as Biden set to cut fuel costs for drivers