Browsing Tag
oil prices
14 posts
Oil Prices Rise Amid Middle East Tensions
Oil prices saw an increase early Monday as fears of supply disruption heightened due to tensions in the…
15 January 2024
Oil-and-Gas Giants Shell and BP Benefit from Rising Oil Prices Amid Mounting Middle East Tensions
Shares in Shell and BP, two major oil-and-gas companies listed in London, are performing well, outpacing the FTSE…
4 January 2024
Oil Prices Retreat on Increased Supplies and Record Production
Oil futures retreated early on Thursday following a build in U.S. petroleum supplies and record domestic production. This…
21 December 2023
OPEC+ Announcement Analysis
The announcement made by OPEC+ has been assessed by analysts at Morgan Stanley, who believe that even if…
1 December 2023
Oil Prices Drop as OPEC Delays Meeting
Oil prices dropped further on Thursday as traders digested a delay by the Organization of the Petroleum Exporting…
23 November 2023
U.S. Crude Inventories Increase as Oil Prices Decline
The Energy Information Administration (EIA) has recently released its report on U.S. commercial crude inventories. The data reveals…
15 November 2023
U.S. Crude Inventories Rise Higher Than Expected
The Energy Information Administration (EIA) released a report on Thursday, revealing a significant increase in U.S. commercial crude…
12 October 2023
Oil Prices Soar amid Supply Concerns
Oil prices reached their highest point in over a year on Thursday as worries emerged about the global…
28 September 2023
Rising Oil Prices and their Implications for Inflation and Consumer Behavior
Oil prices are rapidly approaching the $100-per-barrel mark, and experts predict that they will likely surpass this threshold…
21 September 2023
Treasury Secretary Janet Yellen Optimistic About Stabilizing Oil Prices
Treasury Secretary Janet Yellen expressed her belief that oil prices will soon stabilize while also emphasizing the Biden…
18 September 2023