Sunday 22 Dec

oil prices

Oil prices rise; Brent crude $74.02 per barrel
2024/12/19

Oil prices rise; Brent crude $74.02 per barrel

Oil prices climbed on Wednesday, buoyed by a decline in U.S. crude stockpiles and investor anticipation of a potential Federal Reserve interest rate cut. This...

Gulf oil prices surge amid ME supply shortages
2024/12/18

Gulf oil prices surge amid ME supply shortages

Middle Eastern oil markets are witnessing a decline in supply amid the UAE's intention to reduce its crude oil sales and the stumbling of Iranian...

OPEC+ to hold virtual meeting this week
2024/11/26

OPEC+ to hold virtual meeting this week

The OPEC+ alliance, led by Saudi Arabia and Russia, is set to hold its scheduled meeting this week virtually. This marks the third consecutive online...

Brent crude climbs above $71 as oil prices rise slightly
2024/11/18

Brent crude climbs above $71 as oil prices rise slightly

Oil prices edged higher on Monday, but geopolitical tensions and weakening demand continue to tug the market in opposite directions. While escalating tensions between Russia...

Oil prices decline following China's disappointing stimulus plan
2024/11/11

Oil prices decline following China's disappointing stimulus plan

Oil prices dipped on Monday after China announced a stimulus package that fell short of expectations.

European gas prices surge on oil rally, weakening winds
2024/11/05

European gas prices surge on oil rally, weakening winds

European natural gas prices surged on Monday, driven by a combination of factors including rising oil prices, subdued weather conditions, and concerns over potential supply...

Europe braces for diesel flood as imports surge
2024/10/09

Europe braces for diesel flood as imports surge

Europe is gearing up for a significant influx of diesel imports this month, as shipments from both the United States and Saudi Arabia converge. The...

Brent Crude hits $73 as geopolitical tensions escalate
2024/09/30

Brent Crude hits $73 as geopolitical tensions escalate

Oil prices have surged amid heightened geopolitical tensions and uncertainty. Following Israel's assassination of Hezbollah leader Hassan Nasrallah, the market is closely watching Iran's retaliation....