oil prices

Oil prices dipped on Tuesday, paring some gains from the previous session, as the market feared that more aggressive interest rates hikes from central banks may lead to a global economic slowdown and soften fuel demand. Brent crude…

Oil prices dropped for a second session on Monday as weak China economic data triggered concerns about demand as the world's largest crude importer. Meanwhile, the head of the world's top exporter, Saudi Aramco, said the company was…

Oil prices have risen slightly on Friday, bouncing off their lowest levels since February. This comes as concerns over supply shortages was countered by expected declines in fuel demand. Brent crude rose 39 cents, or 0.4%, to $94.51 a…

Oil price rose more than $1 a barrel on Thursday, to reach $107, extending gains from the previous session,. The price gain is buoyed by improved risk appetite among investors as lower crude inventories and a rebound in gasoline demand…

Oil prices fell more than $1 a barrel on Wednesday, under pressure from global central bank efforts to limit inflation as fuel demand weakens. Brent crude prices fell $1.06, or 0.9%, to $106.29 a barrel by 0946 GMT, while U.S. West Texas…

Oil prices are expected to stay above $100 a barrel this year as Europe and other regions struggle to wean themselves off Russian supply. A survey of 34 economists and analysts forecasts Brent crude would average $106.82 a barrel in…

Oil prices rose on Tuesday as tight global supply outweighed worries that fuel demand would be hit by a possible recession and fresh COVID-19 curbs in China. Brent crude futures rose 94 cents, or 0.9%, to $123.21 a barrel at 1029 GMT,…

Oil prices have risen on Wednesday, buoyed by tight supplies and the prospect of rising demand from the upcoming start of the summer driving season in the United States, the world's biggest crude consumer. Brent crude futures for July rose…

Oil prices on Wednesday rose for the first time in three days, as West Texas Intermediate (WTI) Crude traded around $98 per barrel, while Brent Oil nears $102 after entering bear market territory the day before. However,…

The black liquid ended the week very bullish despite Friday’s dip where longs in the market took some profit after four days of bullish momentum. The week concluded is still a big one for oil bulls due to the Organization of Petroleum…