oil prices
Stay updated with the latest news and articles about oil prices.
Latest Articles
Oil prices are falling due to the global recession
Brent oil futures were down 38 cents, or 0.5%, at $84.08 at 0114 GMT, extending the previous session's 1% decline.
Crude recovers after big drops, as market participants expect volatility in the short future
The rebound came after two days of severe drops to begin 2023, as investors digested about a possible global recession and the short-term economic indicators in the world's biggest oil users, the United States and China.
Oil prices increased to about $97 as Saudi Arabia suggested that OPEC (Oil Producers) would reduce output
Tuesday saw a little increase in oil prices after Saudi Arabia indicated that OPEC would reduce output to reverse a recent decline in oil futures.
Mukesh Ambani crosses Gautam Adani, reclaiming richest man in Asia title
Chairman, Managing director and the largest shareholder of Reliance Industries Ltd. Mukesh Ambani surpassed Gautam Adani again to be India and Asia’s richest man.
Oil prices stabilize after hitting multi-year record high owing to concerns over inflation
With a turbulent session on Tuesday, the oil prices raised concerns over hindering growth as global economies are on a course to recovery from the COVID-19 pandemic.
OPEC+ sources state oil output policy will remain steady: Report
According to Reuters, OPEC and its allies are expected to stick to their existing agreement to add 400,000 barrels per day of oil to the market in November.
Oil Prices soar higher due tensions in Middle East
The US Energy Information Administration in the previous session had said that the crude stockpiles rose by an unexpected 3.6 million barrels in the previous week due to which the prices fell steeply.
With rising cases of COVID-19, Oil prices falling down!
Oil prices witnessed a down fall as the cases of Covid-19 are going up.
Showing 15 of 489,215 articles