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Tag: oil prices

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Oil Prices Rise After Hitting Lowest Levels in Months
On Mar. 20, there was a resurgence in oil prices, with prices rising more than one percent after being...
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Oil Prices Ease 1% as Dollar Firms and Central Banks Hike Interest Rates
Oil prices eased about 1 percent on Thursday as traders worried about the fuel demand outlook due to...
Oil Prices Rise Amid Optimistic Outlook of Easing Inflation
NEW YORK — Oil prices rose on Tuesday, Nov 15 along with major stock indexes, after U.S. data signaled...
Oil Prices Fall 2.5% Amid ‘Zero-COVID’ Worries and Unstable Supply Chains
NEW YORK — Oil prices sank by more than $2 a barrel on Wednesday, Nov. 9 after industry data showed that...
Oil Prices Fluctuate Amid Recession Concerns and Unstable Chinese Demand
NEW YORK (Reuters) — Oil prices toggled between negative and positive territory on Friday, Oct. 21 as...
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Oil Prices Fall More Than 3% on Recession Worries
Oil prices plummeted more than 3% on Friday as global recession fears and weak oil demand, especially...
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Oil Jumps About $4 as OPEC+ Weighs Biggest Output Cut Since 2020
Oil prices jumped nearly $4 a barrel on Monday as OPEC+ considered reducing output by more than 1 million...
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Oil Settles Lower After Hitting $90/bbl as OPEC+ Considers Output Cut
Oil prices settled lower on Thursday in choppy trading, rising above $90 per barrel and then retreating...
The Biden Admin sold some of the US SPR to the CCP amid the energy crisis and inflation.
Biden Admin Selling US Oil Reserves to China, Europe Amid Energy Crisis
The Joe Biden Administration has drained the U.S. Strategic Petroleum Reserve (SPR) to its lowest levels...
The EU has cut Russia's Sberbank out of the SWIFT network.
The EU Just Cut Russia’s Largest Bank Out of SWIFT
The European Union has announced it will be excluding Russia’s largest financial institution, Sberbank...
Oil Prices Fall 3% in Global Trade as US, China Adjust for Impact of Ukraine War
As Russia’s invasion of Ukraine continues into its second month, oil prices edged lower this week after...
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As Fuel Prices Soar, Experts Warn Americans to Brace for Further Increases
Fuel prices across the United States continue to soar as experts warn that prices have not yet peaked...