Oil prices have been strengthening over the past few weeks. The trend is not of particularly noticeable proportions, with Brent still stuck in the low $80s and West Texas Intermediate hovering around $80 per barrel. This could change later in the year, however, Morgan Stanley’s global oil strategist Martijn Rats has predicted. In fact, prices […]
Oil Could Rise More than Anyone Expects This Year Read More »
Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger – Mar 15, 2024, 2:30 PM CDT The Brent crude oil benchmark is set to exceed $80 per barrel by the end of this year, according to a
Bloomberg Survey: Brent To Exceed $80 By Year’s End Read More »
Forex traders said foreign fund outflows and elevated crude oil prices in the international market also dented investors’ sentiments Top Stories Photo: Reuters Published: Fri 15 Mar 2024, 9:27 AM The rupee depreciated 12 paise to 82.96 against the US dollar (23.04 UAE dirhams) in early trade on Friday, weighed down by a strong American
Indian rupee falls 12 paise against UAE dirham in early trade Read More »
Oil drilling rigs Oil prices saw a slight decline on Friday, but they are still up by about 4% for the week, supported by the first decrease in US inventories since January and geopolitical tensions. Brent crude futures for May delivery traded 0.12% lower, after rising by about 4.3% over the past two sessions, at
Oil marginally lower on Friday, bound for weekly gains Read More »
Author of the article: The Associated Press Elaine Kurtenbach And Matt Ott Published Mar 15, 2024 • Last updated 28 minutes ago • 2 minute read BEIJING — Wall Street posted small gains in early trading Friday as markets try to close out another up-and-down week on the positive side. Futures for the S&P 500 and
Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info By Tom Kool – Mar 14, 2024, 2:45 PM CDT Crude oil prices hit a four-month high on Thursday, with the U.S. benchmark crossing over the $80 mark and Brent passing $85 per barrel
Brent Soars Past $85 As IEA Recalculates Supply, Demand Read More »
There’s speculation circulating that within the next 15 days, the cost of petrol may increase across the country, pending a decision from the Prime Minister’s office. This decision holds significant sway over adjustments to petroleum product prices. Recent reports from various media outlets indicate a surge in global crude oil prices over the past fortnight.
Petrol Price Likely to Increase Rs. 1 form 16th March Read More »
Thursday . March 14, 2024 You are here Home Oil updates — crude rises on strong US fuel demand as supply concerns continue Brent futures for May climbed 11 cents, or 0.13 percent, to $84.14 a barrel at 09:52 a.m. Saudi time, while April US West Texas Intermediate crude rose 10 cents, or 0.13 percent, to
Oil updates — crude rises on strong US fuel demand as supply concerns continue Read More »
Oil prices rose on Wednesday after Opec stuck to its oil demand projections and raised its forecast for economic growth this year. Brent, the benchmark for two thirds of the world’s oil, was trading 0.45 per cent higher at $82.29 a barrel at 11.21am UAE time. West Texas Intermediate, the gauge that tracks US crude,
Oil prices rise after Opec maintains demand forecast for 2024 Read More »
Premium Content By Robert Rapier – Mar 12, 2024, 4:00 PM CDT The SPR was aggressively depleted by 291 million barrels during Biden’s first two and a half years, primarily in response to rising gasoline prices and the Ukraine crisis. Critics argue this depletion compromises U.S. energy security, while supporters claim decreased dependency on imports
Biden’s SPR Gamble Sparks Debate Over U.S. Energy Security Read More »
