Oil

Possible Incident in The Strait of Hormuz Caused Troubles

The global oil markets face heightened uncertainty as concerns mount over a potential incident in the Strait of Hormuz, a…

3 months ago

Brent Oil Futures Leap to $80.89 Up 0.42%

Key Points: April Brent oil futures climbed to $80.89, and March WTI futures increased to $76.20. February and March crude…

3 months ago

Aramco Abandons Plan to Increase Oil Production

In a noteworthy strategic move, the Saudi Arabian Oil Company (Aramco) has abandoned its initial plans to increase oil production.…

3 months ago

Oil Prices Drop 0.6% to $81.88 On China Concerns

Oil prices underwent significant fluctuations on Tuesday, January 30, influenced by a complex mix of factors. The market saw a…

3 months ago

Brent Crude Oil Jumps 5% to $84/barrel in 2 Days

Crude oil trading has again taken centre stage as geopolitical tensions and supply concerns intensify in the Middle East. The…

3 months ago

Brent Crude Oil Surges Above $83, A Shift in Energy Markets

In a notable development for global markets, the price of Brent crude oil has surged above $83 per barrel, reflecting…

3 months ago

Oil Prices Steady at $79: Global Demand vs. US Cold Snap

Oil prices held close to $79 on international markets on Friday, juggling concerns about demand amid a faltering world economy…

3 months ago

Exxon’s Legal Clash with Activists Over Emission Targets

ExxonMobil, a leading oil company, has initiated legal proceedings against climate activist investors Follow This and Arjuna Capital. ExxonMobil's lawsuit…

3 months ago

Aramco Expects Tightening in The Oil Market

Global oil markets can handle short-term disruptions in the Red Sea. Still, prolonged Houthi attacks on shipping could lead to…

3 months ago

Oil Hits $80 Amid Middle East Tensions, Hormuz Strait Risk

Oil prices climbed to $80 on international markets on Friday, driven by investor concerns over an escalating conflict in the…

4 months ago

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