Search result for Oil prices
The state has imposed a price cap on oil refineries
To better control energy inflation, energy authorities are considering setting a price restriction on oil sold by Thai refineries, with current measures to combat the problem set to expire this month.
According to Energy Minister Supattanapong Punmeechaow, the Energy Ministry has organi...
Australian share market elevates
Highlights :
- The energy and mining sector boosts the Australian economy
- The Energy stocks were among the top gainers of rise in the Australia’s rise. The oil prices were tracked and it gained overnight on hopes of demand recovery in 2022. An overall rise o...
Oil Prices Surge in the US With Decline in Crude Inventories
On Wednesday, a decline in US inventories led to a sharp increase in oil prices with an already boosting demand.
Brent Crude saw an increase of 16 cents, or 0.2 percent, at 79.10 dollars per barrel. West Texas Intermediate crude rose by 5 cents, or 0.07 percent, to 76.03 dollars per bar...
Oil Prices surge a US-IRAN locks tension heightens
With the US-Iran tensions running high, after Trump approved of Iraqi general Qassem Soleimani’s assassination, the oil prices are taking hit. The prices of oil rose to a three month high as US-Iran relations is under stress. Oil prices surged to $70 a barrel.
Industry experts are...
OIL PRICES DEPRECIATE BUT SET FOR BIGGEST YEARLY RISE SINCE 2016
On Tuesday, with the final day of the year, oil prices has experienced a fall. However it also recorded the biggest annual rise since 2016. This price rise is supported by easing trade tensions between Washington and Beijing.
Brent crude oil futures for March delivery were recorded at 1...
OIL ON THREE-MONTH HIGH AS US CONSUMERS ARE TRADE OPTIMISTIC
Oil prices are on a three-month high on Friday. This is a domino effect of record braking online spending of US consumers in the festive season, marked from thanksgiving to Christmas. The online spending encouraged the faith of the consumers in the world's number 1 economy even before the hop...
Crude stocks in the US go up and cause the oil stocks to go down
Oil prices fell on Wednesday after the unforeseen build-up of industry data in US shipbuilding and investors were waiting for news about whether a fresh round of U.S. tariffs would take effect on Chinese goods on Sunday.
Futures from Brent have dropped by 0943GMT to $64.10/barrel. The l...
Oil prices fall significantly after the OPEC meeting
On Saturday, the OPEC will take no drastic steps to lift oil prices, as global stocks pulled back from trade war worries. Oil prices are not expected on Friday.
In the lead-up to the Organization of Petroleum Exporting Countries meeting held in Vienna on 5 December, the US and European ...
Oil prices stable after two-day decrease as growth concerns weigh
On Wednesday, after dropping the previous two days, oil prices were steady as an increase in U.S. stockpiles fuelled worries about sluggish global economic growth in the middle of the U.S .- China trade war, the world's two largest oil consumers.
U.S. crude inventories increased fro...