Tag: Oil prices

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Russia’s invasion, spike in oil prices rattle global markets: Moody’s

NEW YORK: The significant escalation of the Ukraine-Russia conflict rattled equity markets and led to an increase in global oil prices, which likely has...

Oil price rally loses steam after reaching 2014 highs

ISLAMABAD: Crude oil prices finally went down in a volatile session on Tuesday ahead of Opec+ meeting schedule for February 2, amid rumours that...

Oil prices climb as COVID recovery, power generators stoke demand

LONDON: Oil prices hit multi-year highs on Monday buoyed by recovering demand and high natural gas and coal prices encouraging users to switch to...

Oil prices climb with little help from hedge funds

LONDON: Prolonged disruption to oil production in the Gulf of Mexico and multiplying signs of a worldwide energy shortage have not been enough to...

Oil ticks up on global economic outlook, plummeting US fuel inventories

NEW YORK: Oil prices rose on Wednesday on an upbeat forecast for global economic recovery and as U.S. gasoline inventories plummeted, but prices were...

Oil prices dip ahead of OPEC+ meeting

LONDON: Oil prices dipped on Thursday ahead of talks between OPEC and its allies on whether to ease production cuts and after a record...
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