Oil Prices Rise more than $2 amid Global Energy CrunchCommodities

Oil Prices Rise more than $2 amid Global Energy Crunch

Oil extended gains, rising more than $2 on Monday. Due to the energy crunch, supplies from major oil producers continue…

Oil Drops to $74 on Risk Aversion; EU Gas Extends GainsCommodities

Oil Drops to $74 on Risk Aversion; EU Gas Extends Gains

The rising risk aversion weighed on stock markets and boosted the dollar. With that, oil dipped more than $1 a…

China to Release First Batch of 7.38 Million BarrelsCommodities

China to Release First Batch of 7.38 Million Barrels

As much as 7.38 million barrels of crude oil will be released by China’s National Food and Strategic Reserves Administration…

Oil Rises to One-week Highs on U.S. Supply WorriesCommodities

Oil Rises to One-week Highs on U.S. Supply Worries

Oil prices are expected to remain at a range bound in a stable market in the coming months, according to…

Natural-gas Futures Rose to Strongest Finish since 2014Commodities

Natural-gas Futures Rose to Strongest Finish since 2014

Natural-gas futures and oil prices were up on Wednesday due to a sluggish return of energy output in the Gulf…

Fears of Weaker Oil Demand Weigh on SentimentCommodities

Fears of Weaker Oil Demand Weigh on Sentiment

Prices of oil were mixed on Tuesday with Saudi Arabia’s sharp cuts in crude contract prices for Asia causing fears…

Oil Declines after Saudi Price CutsCommodities

Oil Declines after Saudi Price Cuts

Prices of oil were down on Monday, continuing to fall following Saudi Arabia’s cutting of crude contract prices for Asia…

Saudi Arabia may Cut Crude Prices for Asia in OctoberCommodities

Saudi Arabia may Cut Crude Prices for Asia in October

Saudi Arabia may cut prices for most crude grades in October for Asia. This came as a poll of six…

Oil Lowers ahead of OPEC and Allies MeetingCommodities

Oil Lowers ahead of OPEC and Allies Meeting

The United States has called for the pumping of more crude prompting OPEC and allies to set a meeting on…

Oil Falls as Demand Concerns Return, Mexico Restored SupplyCommodities

Oil Falls as Demand Concerns Return, Mexico Restored Supply

Oil  pointed downwards on this week’s first session on Thursday, as  demand concerns return due to the  rising COVID-19 infections…