Oil Market

Oil: Losses on the week ahead of OPEC+

Oil: Losses on the week ahead of OPEC+

Oil prices closed with gains on Friday, but recorded losses for the week as investors await the OPEC+ meeting next…

Oil closed at a two-week low with a ‘plunge’ of more than 3%

Oil prices closed at a near two-week low as China imposed new coronavirus lockdown measures. Chinese authorities imposed a lockdown…

WTI plunges more than 9%, Brent more than 12% in August

Oil prices hit a two-week low on Wednesday, with U.S. crude losing more than 9% on the month amid heightened…

OPEC+: Sees risk of bigger surplus in 2022

The oil market is expected to see a larger-than-expected surplus this year, OPEC+ said in a report released today, as…

Oil tumbles more than 5% after Monday’s rally

Oil prices ended deep red on Tuesday amid concerns over the outlook for the global economy and energy demand amid…

6% plunge for oil prices

Oil prices plunged in Tuesday's trade as worries about the global economic outlook and energy demand intensified. Specifically, the October…

Losses of more than 1.5% for oil – In the region of 250 euros for natural gas

The prices in the energy sector show a mild de-escalation, with oil investors moving hesitantly due to fears of a…

3% drop for oil – In the region of 260 euros for natural gas

LAST UPDATE 14:30 The prices of the energy sector show a mild de-escalation today, with oil investors moving hesitantly as…

Oil prices increase by 1%

Oil prices rose 1% as expectations that OPEC would cut output if needed to support prices, combined with the conflict…

US crude jumps 3% in the week – Brent hits $100 again

Oil prices ended Friday's session with gains, extending their upward trend for the week. The prospect of OPEC+ cutting output…