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Category :Oil & Gas

Oil falls below $100 on Russia-Ukraine talks, demand concerns

Global Business Magazine March 16, 2022

Oil fell below $100 a barrel in a volatile session on Wednesday, as it came under pressure from signs of progress in Russia-Ukraine Read More

Energy News Oil & Gas World

Oil prices fall, continuing downward trend from last week

Global Business Magazine March 14, 2022

Oil prices fell on Sunday at the start of the session, extending last week's decline, as a U.S. official said Russia Read More

Energy News Oil & Gas World

Oil rises but set for weekly loss after talk of potential supply plugs

Global Business Magazine March 11, 2022

Oil prices rose on Friday on continued concerns about supply disruptions for Russian oil and oil products, but were on track for Read More

Energy News Oil & Gas World

Analysis: An oil shock is coming, but the U.S. may have already paid for it

Global Business Magazine March 10, 2022

The gusher of money the U.S. government poured into family bank accounts during the coronavirus pandemic, credited with speeding the rebound Read More

Energy News Oil & Gas World

Oil bounces as tight supply gives high floor to prices

Global Business Magazine March 10, 2022

Oil prices bounced on Thursday from a sharp drop in the previous session after the United Arab Emirates backtracked on statements saying Read More

Energy News Oil & Gas World

Oil falls to $125 on speculation U.S. Russia oil ban won’t worsen supply shock

Global Business Magazine March 9, 2022

Oil fell to around $125 a barrel on Wednesday as some investors took the view that the U.S. ban on Russian oil Read More

Energy News Oil & Gas World

Aramco CEO says Ukraine invasion has accelerated global energy crisis

Global Business Magazine March 9, 2022

Saudi Aramco CEO Amin Nasser said the "tragic situation unfolding in Ukraine" is making the global energy crisis worse, according to prepared Read More