Oil prices fell more than $1 a barrel on Wednesday, under pressure from global central bank efforts to limit inflation as fuel demand weakens. Brent crude...
Oil prices have risen on Wednesday, buoyed by tight supplies and the prospect of rising demand from the upcoming start of the summer driving season in...
Oil prices that rallied 50% in 2021 will power further ahead this year, analysts predict, saying a lack of production capacity and limited investment in the...
Oil prices start the London trading session bullish with investors regaining some risk appetite. However, they await clues from the U.S. Federal Reserve chairman on potential...
Oil prices fell about 3% on Monday as soaring Omicron Coronavirus cases in Europe and the United States prompted investor concerns that new regulations to combat...
The World Bank has noted that the surge in oil prices may persist until 2023 and this could have an adverse effect on global economies. Average...
Oil prices surged on Monday as OPEC+ kept to its plan to not boost output further, while US and European stocks slumped amid worries over inflation...
President Muhammadu Buhari has charged the new board of the Nigeria Sovereign Investment Authority (NSIA) to make more investments that support economic diversification, as global oil...
In China, there were 125 new virus cases on Friday, the highest since mid-January, with authorities reportedly launching new restrictions, including flight cancellations, warnings by 46...
Oil prices dropped by around 0.5% on Monday, with West Texas Oil (WTI) trading below $72 a barrel and Brent crude below $74 a barrel, amid...