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Posted 12/07/2022

Oil Prices Drop after China Reimposes Covid-19 Restrictions

Tuesday saw a drop in oil prices as China reimposed Covid-19 restrictions, including business...

Posted 06/07/2022

Citi Sees Bearish Oil Outlook at $60s if Recession Hits

Oil prices made a slight recovery in the morning session of Asian trading hours...

Posted 23/06/2022

Oil Prices Fall as Recession Fears Mount, Fed’s Powell Plans to Continue Rate Hikes

Oil prices dropped around 3% along with other major commodities as fears of a...

Posted 22/06/2022

Oil Plunges 5% as Biden Aims to Cut Fuel Taxes and Ask Producers for Price Reduction

Oil prices plunged more than 5% on Wednesday as the U.S. President Joe Biden...

Posted 06/06/2022

Brent Top US$120 a Barrel as Saudi Arabia Raises Oil Prices More Than Expected

Oil soared on Monday, with Brent surpassing US$120 per barrel after Saudi Arabia raised...

Posted 02/06/2022

Oil Prices Fall as Saudi Arabia Plans to Boost Production

The price of oil fell in the early morning Asian trading hours following a...

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