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Oil rises 1% on Iran sanctions, drop in US crude stocks Read More »
USD/CAD slips as the Canadian Dollar finds support from a rebound in crude Oil prices and favorable macroeconomic factors. China’s 90% reduction in US Oil imports has redirected more than a quarter of its seaborne demand toward Canadian shipments. The US Dollar stays on the back foot, pressured by rising political and economic uncertainty in
USD/CAD maintains losses near 1.3800, six-month lows due to higher Oil prices Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Apr 22, 2025, 1:30 AM CDT Crude oil prices stabilized today, following Monday’s dip, and even made some gains earlier in the day, as traders rushed to cover
Oil Prices Stabilize on Short-Covering and an OPEC+ Output Decline Read More »
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Apr 21, 2025, 6:00 PM CDT Gold prices hit a record high at $3,384 per ounce early on Monday. Gold prices have outperformed all
Traders Flee to Gold, Ditch Oil Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Apr 21, 2025, 3:45 AM CDT Crude oil prices began trade this week with a decline amid diminished hopes for a quick end to the war in the
Oil Prices Begin the Week With a Dip Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Apr 21, 2025, 2:46 AM CDT Russia’s Economy Ministry has lowered its forecast for oil prices this year in an update for its baseline scenario, reflecting the latest
Russia’s Economy Ministry Lowers 2025 Oil Price Forecast Read More »
Global crude oil prices have surged past the $65 per barrel mark, marking a notable recovery for Brent and Nigerian oil blends from an early April dip. The post Brent and Nigerian oil blends stage recovery above $65 per barrel, eye $70 appeared first on Nairametrics… https://nairametrics.com/2025/04/20/brent-and-nigerian-oil-blends-stage-recovery-above-65-per-barrel-eye-70/
Brent and Nigerian oil blends stage recovery above $65 per barrel, eye $70 Read More »
Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Apr 18, 2025, 10:04 AM CDT Oil prices are set to post a weekly gain for the first time in three weeks, although demand concerns continue to loom as the U.S.-China trade war escalates.
Oil Prices Post a Weekly Gain Despite Demand Fears Read More »
Despite recent reductions, petrol prices from the Dangote Petroleum Refinery remain relatively high when compared to the global drop in crude oil prices, according to a new report by S&P Global. This pricing strategy, analysts say, has made fuel importation into Nigeria more attractive for marketers. The 650,000 barrels per day refinery, located in Lekki,
Dangote’s fuel prices still high despite global crude slump — S&P Global Read More »
USD/CAD gains support following hawkish remarks from Federal Reserve Chair Jerome Powell. CME FedWatch Tool suggested that traders are now anticipating the first rate cut in July. The commodity-linked CAD may find support from stronger crude Oil prices. USD/CAD halts its two days of losses, trading around 1.3860 during the Asian hours. However, market activity
USD/CAD moves above 1.3850, upside seems restrained due to improved Oil prices Read More »
