Home oil price

oil price

28 Articles
Energy

Oil Prices Hit Seven-Year High

The price of oil hit its highest level in more than seven years on Tuesday as traders worried that an attack on a...

Energy

FG Expects New Oil Projects Amid $42bn Deals

The Federal Government has said it is bullish that many oil and gas projects will commence in the country, following the signing of...

Energy

Oil Prices Under Pressure As Bearish Factors Mount

plethora of bearish factors is driving oil prices lower, with both WTI and Brent set for a third weekly loss in a row....

Energy

Oil At 7-Year High As OPEC Decides On Increase

Oil prices jumped Monday after OPEC and allied oil-producing countries stayed with their gradual approach to restoring output slashed during the pandemic, agreeing to...

Energy

Oil Rises Above $31 As Lockdown Erasing Counter Supply Glut

Oil rose above $31 a barrel on Wednesday as hopes for a recovery in demand as some countries ease coronavirus lockdowns offset a...

Energy

Oil Prices Fall As U.S. Output Hits Record High

Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in stockpiles. Spot Brent crude oil...

Energy

Oil supply to swamp demand in 2019 despite output cuts – IEA

  The global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC even with the group’s production cuts...

Energy

Oil Rises 18% In Best January On Record

February 1, 2019/ Oil prices rose almost 2 percent on Friday morning, closing higher for the week, with traders turning turned bullish once...

Businesstoday Magazine

Businesstoday Conference/Awards