Browsing Category
Commodities
Oil prices move higher on tight supplies
Oil prices move higher on tight supplies
Oil prices recovered on Thursday from a dramatic decline the previous day, supported by tight oil supplies and peak summer…
Oil Prices Unmoved After API Reports
Oil Prices Unmoved After API Reports
The American Petroleum Institute (API) reported a crude oil increase of 736,000 barrels this week, whereas analysts projected a…
Oil Prices Rise
Oil Prices Rise
Oil prices increased on Tuesday as concerns over a future recession and new Covid-19 limitations in China outweighed concerns about constrained…
How are COVID And Economic Fear Affecting Oil Prices?
How are China's COVID And Economic Fear Affecting Oil Prices?
Oil prices gained $1 in choppy trade on Tuesday as tight global supply overshadowed concerns that…
How is Beijing’s Pandemic Warning Pushing Oil Prices Down?
How Is Beijing's Pandemic warning Pushing Oil Prices Down?
On Monday, oil prices fell more than $2 as a flare-up in COVID-19 cases in Beijing shattered expectations…
Gas Prices Hit a New Record High
Gas Prices Hit a New Record High
According to AAA, petrol prices rose on Sunday, reaching a national average of $5.01 per gallon. According to AAA, the national…
Why are the New COVID Restrictions Pushing Oil Prices Down?
Why are the New COVID Restrictions Pushing Oil Prices Down?
Oil prices fell on Friday but maintained close to three-month highs. The drop resulted from concerns…
Oil-Stock Trade Is ‘Too Obvious’
Oil-Stock Trade Is 'Too Obvious'
The oil market is "overextended," There are better stocks to purchase than Exxon Mobil Corp. XOM, -1.23%, and Chevron Corp. CVX,…
China’s Export Data Raise Oil Price, Restrictions Limit Gain
China's Export Data Raise Oil Price, Restrictions Limit Gain
After China announced stronger-than-expected exports in May, oil prices stayed steady at 13-week highs…
U.S. Natural Gas Prices Tumble
U.S. Natural Gas Prices Tumble
An explosion near midday Wednesday at the Freeport liquefied natural gas export plant on Quintana Island on the Upper Texas coast…
Why isn’t the Increase in US Supply Keeping Oil Prices Down?
Why isn't the Increase in U.S. Supply Keeping Oil Prices Down?
On the relaxation of Chinese COVID-19-related lockdowns and a prospective strike by Norwegian oil…
Oil Prices Inch Higher
Oil Prices Inch Higher
Oil prices rose slightly on Wednesday ahead of reports on U.S. oil stockpiles, with crude futures boosted by tight supply and increasing…
Loosening COVID Restrictions In China Pushes Oil Prices Up
Loosening COVID Restrictions In China Pushes Oil Prices Up
Oil prices rose slightly on Tuesday, owing to expectations of a demand recovery in China as the world's…
How Much Does Oil Affect Gas Prices?
How Much Does Oil Affect Gas Prices?
Another week, another all-time high in gas prices. According to AAA, the average price of regular unleaded gas increased by a…
Saudi Arabia’s July Price Hike Outperforms The OPEC+ Accord
Saudi Arabia's July Price Hike Outperforms The OPEC+ Accord
On Monday, oil prices rose above $120 per barrel as Saudi Arabia boosted crude pricing for July, despite…
Peak Oil Demand Will Likely Reshape Geopolitical Maps
Peak Oil Demand Will Likely Reshape Geopolitical Maps
BP Plc. (NYSE: BP), a British oil and gas supermajor sent shockwaves through the energy markets two years ago…
The OPEC+ Proposal Falls Short Of Expectations, Prices Rise
The OPEC+ Proposal Falls Short Of Expectations, Prices Rise
Oil prices rose somewhat on Friday as markets dismissed OPEC+'s plan to raise output, questioning if the…
Oil Prices Rise Slightly as The OPEC+ Plan Falls Short
Oil Prices Rise Slightly as The OPEC+ Plan Falls Short
Oil prices edged higher on Friday as markets dismissed OPEC+'s decision to increase output and questioned…
Oil Prices Fall as Investors Wait for OPEC+ Policy
Oil Prices Fall as Investors Wait for OPEC+ Policy
Oil prices on Thursday were higher as Saudi Arabia could benefit from a recent backlash before the major…
Oil Prices Drop Close to 2%
Oil Prices Drop Close to 2%
In the afternoon of Asian trading hours, worldwide benchmark Brent crude futures fell 1.84 per cent to $114.15 a barrel. Crude futures…