Oil prices were mixed on Tuesday as an impasse in output talks between key crude producers regarding changes to February supply forced the Organisation of the...
Oil prices hit their highs in many months on Monday amid hopes that the Organisation of the Petroleum Exporting Countries (OPEC) and allies will limit supply...
Global crude oil markets have shed around one fifth of their value this year as coronavirus-induced lockdowns hammered much of the world’s economy, but oil prices...
Oil prices advanced on Wednesday, boosted by a COVID-19 stimulus package in the United States and a decrease in crude oil stockpiles. Brent crude futures were...
Trump, whose administration is about to wind down, had initially said he would block the $2.3 trillion aid and spending package. Europe, in the meantime, teed...
Oil prices gained further on Thursday as a fall in the United States crude stockpiles boosted demand hopes, while signs of an imminent Brexit deal buoyed...
Oil prices fell on Wednesday following an industry report that revealed a surprise build in the United States crude oil stocks, and as President Donald Trump...
Oil prices fell towards $50 per barrel on Tuesday, compounding losses incurred on Monday, as a new coronavirus variant in the United Kingdom reignited worries over...
Oil prices fell by over three percent on Monday as a rapidly spreading new COVID-19 strain that has shut down much of the United Kingdom triggered...
Oil prices dropped from nine-month highs on Friday, with escalating coronavirus infections viewed as a threat to near-term fuel demand and a stronger U.S. dollar also...
Oil prices rose to a 9-month high on Thursday after government data indicated a drop in United States crude stocks last week, an advancement towards a...
Oil prices declined on Wednesday following a surprise increase in crude oil stockpiles in the U.S. and on continuous investor worries about fuel demand being weak...
Oil prices climbed past $50 per barrel on Tuesday as hopes from the rollout of COVID-19 vaccines moderated tighter lockdowns in Europe and predictions of a...
Oil prices climbed on Monday, lifting Brent (the benchmark for Nigeria’s crude oil grades) above $50 per barrel amid optimism that a dispensation of coronavirus vaccines will boost...
Oil prices dipped on Friday but were on course for the sixth consecutive of gains, as the rollout of COVID-19 vaccinations boosted the optimism that fuel...
Oil price climbed past $49 per barrel on Thursday, with the optimism of a quicker rebound in demand after the rollout of COVID-19 vaccines moderated a...
Oil prices inched lower on Monday as a persistent rise in coronavirus infections around the world spurred a number of renewed lockdowns as well as new...
Oil prices advanced by nearly 2% on Friday, approaching a fifth successive week of gains, with key producers consenting on a compromise to extend some cuts...
Oil prices dropped on Thursday as producers comprising Saudi Arabia and Russia deliberated over the necessity of prolonging current output cuts introduced during the first wave...
Oil prices edged lower in early trading on Tuesday but later scaled some of the losses after reports that the United Kingdom had emerged the first...
Oil prices dipped on Monday over investors’ uncertainty of the outcome of a meeting of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies...
Oil prices weakened on Friday in quiet trade on account of the United States Thanksgiving holiday, falling amid glut fears and reservations about a vaccine to...
Oil slid from its peak levels in seven months on Thursday, with intimations of larger production contributing to end a rebound fuelled by the hope that...
Oil prices climbed by over one percent on Monday, sustaining the gains recorded in the week that just went by as traders targeted a swift recovery,...
Oil prices weakened Thursday, with an uptick in COVID-19 infections and stricter curbs on economies around the world fuelling worries over weaker fuel demand, casting shadow...
Oil prices advanced further on Wednesday amidst optimism that the Organisation of the Petroleum Exporting Countries (OPEC) and allies will slow down a proposed hike in...
Oil prices drifted up on Tuesday amid hopes that the Organisation of the Petroleum Exporting Countries and allies will retain current output reduction for a minimum...
Oil prices lifted higher on Monday, recovering some of the grounds lost at the Friday session, with the optimism that the Organisation of the Petroleum Exporting...
Oil prices lifted further on Wednesday as the optimism that a vaccine, developed by Pfizer and BioNTech, will turn out 100 per cent effective in treating...
Oil prices lifted on Monday as benchmark Brent climbed past $40 per barrel, with Joe Biden’s triumph in the U.S presidential poll sharpening investors’ interest and...
Oil prices slid below $40 per barrel on Friday as fresh lockdowns imposed in Europe to curb spiralling coronavirus cases spurred anxiety regarding crude demand outlook...
Oil prices slipped on Thursday as the chances of Joe Biden, the Democratic Party presidential candidate in the U.S., brightened in a nerve-racking race for the...
Oil prices climbed by around 3% on Wednesday following U.S. President Donald Trump’s false claim to electoral victory in a keen race at a time millions...
Oil prices extended their rebound on United States Election Day in the midst of recovery in financial markets on Tuesday even though fears over increasing coronavirus...
Oil prices declined on Monday over concerns that widening coronavirus lockdowns in Europe would hurt fuel demand and amidst worries about turbulence over this week’s presidential...
Oil prices slipped by nearly 3% on Wednesday, wiping out most of the previous session’s gains as a build in the U.S crude stocks and rising...
Oil prices advanced towards $41 a barrel on Tuesday as energy companies closed down some U.S. Gulf of Mexico oil production due to a hurricane, even...
Oil prices dipped by more than 2% on Monday, extending last week’s losses as surging COVID-19 cases in the U.S and Europe worsened worries about oil...
Oil prices on Friday clung to gains recorded at the last session, following Russian President Vladimir Putin’s indication that he would be prepared to prolong record...
Oil prices dipped on Tuesday amid concerns that a resurgence of COVID-19 infections around the world is impeding fuel demand recovery just as rising Libyan supply...
Oil prices slid on Monday after China’s third-quarter economic growth did not rise as much as expected, underlining worries that rising coronavirus infections around the world...
Oil prices slipped on Friday, hobbled by worries that an uptick in coronavirus infections in Europe and the U.S. is tapering demand in two of the...
Oil prices climbed on Tuesday, partially reversing an almost 3% loss from the Monday session, invigorated by strong China data, much as anxieties surrounding supply restart...
Oil prices weakened on Monday as Libya removed force majeure on its biggest oilfield, a Norwegian industrial action hindering production came to a halt and producers...
Oil prices edged up on Friday, brightening the two benchmarks’ chances of recording their strongest weekly advancements since early June, following output shutdowns occasioned by a...
Oil prices climbed on Thursday, bolstered by production outages in the Gulf of Mexico and potential of higher supply losses in Norway and by optimism regarding...
Oil prices declined Wednesday following U.S. President Donald Trump’s cancellation of a fourth stimulus package and a surprise build in the U.S. oil stockpiles. Brent crude futures...
Oil prices advanced on Tuesday, supported by disruptions in Norwegian supply, another Gulf of Mexico hurricane and United President Donald Trump’s comeback to the White House...
Oil prices advanced on Monday, boosted by doctors’ view on United States President Donald Trump’s health, with intimations he could be discharged from hospital on Monday....
Oil prices dropped for a second day on Friday over worries about an escalating case of the coronavirus, which United States President Donald Trump just tested...