Oil price

Oil price move above $100 not likely on a sustained basis, UBS says
Goldman Sachs raises 12-month Brent forecast to $100 a barrel from $93
September 20, 2023, 6:18 AM
Oil hits $95 on supply woes ahead of Fed policy meeting
Opec+ is not aiming for price control through its output cuts, but less volatility in the market, Saudi Arabia’s energy minister says
September 19, 2023, 6:37 AM
Oil prices close in on $95 mark as crude supplies tighten
China's central bank trimmed the reserve requirement ratio for financial institutions for the second time this year
September 18, 2023, 5:33 AM
Aramco to buy 100% stake in Chile’s fuel retailer Esmax to bolster downstream expansion
The deal enables world's largest oil exporting company to enter South American fuels and lubricants retail market
September 15, 2023, 6:05 PM
Oil prices edge higher after IEA forecasts tighter market on Opec+ cuts
US Consumer Price Index rose by 0.6% last month, outpacing July's increase of 0.2%
September 14, 2023, 6:04 AM
Oil prices hover near 10-month high amid expectations of tighter crude market
Futures jumped nearly 2% on Tuesday after Opec and EIA forecast tighter crude supplies in the second half of the year
September 13, 2023, 6:41 AM
Oil prices edge higher as investors wait for further clarity on interest rates
Libya has closed four major oil ports after Storm Daniel caused devastating floods in the country
September 12, 2023, 6:35 AM
Oil prices hit 9-month highs as crude supplies tighten
Both benchmarks surged this week after Saudi Arabia and Russia said they would extend supply cuts
September 08, 2023, 6:32 AM
Oil prices dip amid strong dollar and demand concerns
US crude stocks, an indicator of fuel demand, fell by 5.5 million barrels last week
September 07, 2023, 6:29 AM
Oil prices fall as weak China data offsets expectations of supply cuts
Services activity in the Asian country grew at the slowest pace in eight months in August because of weak demand
September 05, 2023, 5:51 AM
Oil steadies after multi-month high amid tight market supply
Brent broke losing streak last week with 4.8 per cent gain
September 04, 2023, 10:14 AM
Oil prices hit highest level in months as crude supplies tighten
The market responded positively to the US jobs report, which is seen as a signal that the Fed would hit pause on interest rate rises
September 01, 2023, 6:46 AM
Oil edges higher amid prospects of further supply cuts
Russia does not rule out extending its voluntary cut on crude exports until October, Deputy Prime Minister Alexander Novak says
August 31, 2023, 9:44 AM
Oil extends gains on large drop in US crude stocks and hurricane concerns
Hurricane Idalia, forecast to reach Category 4 intensity, is expected to make landfall in Florida on Wednesday
August 30, 2023, 6:45 AM
BP chief urges more oil and gas investment to avoid price spikes
Accelerating energy transition should also be a priority for countries
August 26, 2023, 12:35 PM
Oil prices down on weak manufacturing data and easing supply worries
The US is in talks with Venezuela to explore a temporary lifting of sanctions
August 24, 2023, 6:52 AM
Oil prices dip amid China demand concerns and US crude stock drop
Iran plans to keep raising its oil production amid cooling tensions with the US
August 23, 2023, 7:51 AM
Oil prices fall amid potential easing of limited supply and China concerns
Iraq and Turkey are set to discuss resuming exports through the Ceyhan oil terminal
August 22, 2023, 7:52 AM
Oil-price slide continues as concern grows over China's economic growth
UBS raised its oil price forecast for the year as Saudi Arabia and Russia imposed additional supply cuts
August 16, 2023, 6:41 AM
Oil prices post seventh weekly gain in a row on upbeat forecasts from Opec and IEA
Global demand has reached record as supply cuts tighten the markets, IEA says
August 11, 2023, 1:45 PM