Last Updated: July 11, 2023, 01:20 IST United States of America (USA) The U.S. Labor Department reported last Friday the smallest monthly job gain in… Read More »Oil Prices Ease on US Interest Rate Fears, but OPEC+ Cuts Limit the Fall – News18
Last Updated: July 08, 2023, 01:27 IST New York, United States of America (USA) Oil analytics firm Vortexa said there are currently 10.5 million barrels… Read More »Oil Prices Surge to 9-Week High on Supply Concerns – News18
Oil prices rose on Monday after key producers Saudi Arabia and Russia further cut crude output in a bid to protect their precious revenues, but… Read More »Oil Prices Rise as Saudi Arabia and Russia Cut Crude Output – News18
Last Updated: June 03, 2023, 02:02 IST New York, United States of America (USA) U.S. drillers have been cutting back on drilling for months due… Read More »Oil Prices Up Over 2 Percent after US Debt Deal, Jobs Data
Last Updated: May 29, 2023, 05:20 IST Washington D.C., United States of America (USA) U.S. energy firms cut rigs for a fourth week in a… Read More »Oil Climbs in Early Asian Trade after US Leaders Strike Provisional Debt Deal
Last Updated: May 23, 2023, 00:57 IST Last week, both oil benchmarks gained about 2% in their first weekly rise in five after wildfires shut… Read More »Oil Prices Rise as Strong Demand Forecasts Outweigh Supply Concerns
Last Updated: May 19, 2023, 01:59 IST The strength of April U.S. economic data in addition to optimism about the debt ceiling negotiations have strengthened… Read More »Oil Prices Settle Down 1 Percent; Strong US Data Boosts Dollar
Last Updated: May 16, 2023, 23:47 IST Both benchmarks rose more than 1% on Monday, reversing a three-session losing streak. (Image: Reuters File) Brent crude… Read More »Oil Prices Slide on Disappointing China, US Economic Data, Despite IEA’s Demand Forecast
Last Updated: May 16, 2023, 01:06 IST Wildfires raged in Alberta, Canada, shutting in large amounts of crude supply, and prices rose on fears they… Read More »Oil Prices Surge on Supply Tightening in Canada, Global Economic Concerns
Last Updated: May 12, 2023, 23:45 IST Concern mounted that the United States – the world’s biggest oil consumer – will enter recession, with talks… Read More »Oil Prices Slide for Third Consecutive Week Amid Supply Concerns, Economic Uncertainty