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Tag: Crude Oil

crude Oil, GMT, Brent, West Texas Intermediate, WTI, Barrel, OPEC, North America, Middle East, United States, March, US Federal Reserve, EIA, American Petroleum Institute, API, Global Oil Prices, Editor
Categories Commodities

Oil prices snap three-day losing streak

  • Estimated read time 2 min read
  • May 3, 2024

Major factor contributing to the decline in oil prices was the surge in the US crude oil inventories by 4.906 million barrels last week.

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Ukraine, Opec, Russian, Ukraine, International Energy Agency, US West Texas Intermediate , Crude Oil,
Categories Commodities

Oil rises 1.25pc for eighth straight week on supply concerns

  • Estimated read time 3 min read
  • February 14, 2022

Crude oil prices surged up to 1.25 percent for the eighth consecutive week, hitting the eight-year highs amid supply concerns. The global oil prices were lifted by mounting worries about supply interjections;…

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