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Gulf Oil Investment Seen Resilient Despite Crude Price Slump

Despite international oil prices plunging to their lowest levels in four years, Gulf countries are expected to press ahead with their exploration and production...

As Malaysian Oil Reserves Dwindle, Uganda Emerges as an Unlikely New Frontier

With Malaysia’s oil reserves rapidly depleting, Uganda, a lesser-known oil-producing nation in East Africa, may hold the key to securing future resources. Uganda, with...

Crude Oil Surrounded by Positive Pressures: Analysis for April 22, 2025

Crude oil has shown strong upside momentum in its recent intraday trading, after successfully retesting the key support level at $61.50. This formed a...

Oil Prices Post Weekly Gains on Trade Deal Hopes and New Sanctions

Oil prices rose sharply on Thursday, posting a weekly gain as optimism surrounding a potential trade deal...

Oil Markets Close for Good Friday, But Prices Rise Ahead of Holiday

Oil markets were closed on Good Friday, a holiday observed before Easter Sunday, but the benchmarks saw...

Brent Crude Oil Prices Show Positive Momentum – Market Analysis for April 14, 2025

Brent crude oil (BRENT) prices experienced a slight dip in recent intraday trading, as the market attempts...

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Today’s US crude oil index quotation (June 27, 2022)

Today's US crude oil index quotation (June 27, 2022) name Price (USD/Barrel) ups and downs Change (%) date WTI crude oil 3.03 107.06 2.91 2022/06/27 The above is the latest U.S. crude oil index. For...

The latest query on international crude oil futures prices (June 27, 2022)

The latest query on international crude oil futures prices (June 27, 2022) name Price (USD/Barrel) ups and downs Quote change(%) date WTI crude oil 107.06 3.03 2.91 2022/06/27 Brent Crude 108.99 2.79 2.63 2022/06/27

Brent oil prices may soar to $150 a barrel

On June 23, local time, according to the US Drilling website, the Bank of America Global Research Center predicted in a new report sent...

How Fed Rate Hikes Affect Oil

Oil prices fell. The Fed raises interest rates to promote the appreciation of the US dollar. Oil is priced in US dollars. If the...

brent crude oil price today_brent crude price live in dollars(2022.6.23)

brent crude oil price today_brent crude price live in dollars: Live Brent Oil Dollars price: BRT USD 108.22000 -6.55 -5.7% Updated 14:45:56 Day Low 107.02500 Last Daily 114.76500 Day High 114.76500 Live Brent Oil Price...

Oil falls around 3% as investors eye U.S. Fed rate hikes

Oil prices tumbled around 3% on Wednesday as investors worried that rate hikes by the Federal Reserve could push the U.S. economy into recession,...

Explainer: Why is there a worldwide oil-refining crunch?

Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and...

U.S. Gasoline Demand Increasing, Not Waning

U.S. gasoline demand increased by 5.5 percent on Sunday compared to the previous Sunday and was 11.4 percent higher than the average U.S. demand...

EIA: US Refining Capacity Sinks To Near Decade Low

Operable refining capacity in the United States hit a nearly decade low in 2022, the EIA’s latest Refining Capacity Report showed on Tuesday. U.S. refining...

The EU Is Considering Capping Gas Prices

Italy’s idea that the EU impose a cap on natural gas prices has emerged as the “only sustainable solution” to soaring energy prices, Italian...

Iran’s Oil Exports Surge In June

Iran’s crude oil exports are estimated to have jumped to an average of 961,000 barrels per day (bpd) between June 1 and June 19,...

API Reports Biggest Crude Oil Inventory Rise Since February

The American Petroleum Institute (API) reported a build this week for crude oil of 5.607 million barrels, while analysts predicted a draw of 1.433...

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