Brent crude future breaches $70 mark after Saudi oil facilities attacked
International benchmark Brent crude futures surpassed the $70 mark after Yemen’s Houthis rebel targeted Saudi Arabia’s oil facilities. Brent crude…
International benchmark Brent crude futures surpassed the $70 mark after Yemen’s Houthis rebel targeted Saudi Arabia’s oil facilities. Brent crude…
Ministers of the Organisation of the Petroleum Exporting Countries (OPEC) have decided to maintain cuts to oil supplies in coming months. This announcement has caused oil prices to increase by…
Crude oil prices increased after OPEC and its allies agreed to extend oil supply cuts into April as they expect a stronger demand recovery amid the Covid-19 pandemic. Brent crude…
Global crude oil prices have increased over hopes that OPEC+ producers might decide against increasing the oil output at a planned meeting and drop in fuel inventories in the US.…
Global crude oil prices have risen as the rollout of the Covid-19 vaccine have improved global demand expectations. The US West Texas Intermediate (WTI) crude futures increased $0.18, or 0.3%,…
Crude oil prices dipped more than 1% on Tuesday over concerns that OPEC may increase oil supply increase and falling demand in China. Brent crude reached $62.91 a barrel, a…
Global crude oil prices increased by more than $1 after the US House of Representatives passed a $1.9tn pandemic aid package, which now awaits the US Senate’s approval. Brent crude…