Tags :WTI

Energy News World

Oil gains as spectre of sanctions on Russian oil spurs

Global Business Magazine March 8, 2022

Oil prices rose on Tuesday, with Brent surging past $127 a barrel, as the possibility of formal U.S. sanctions against Russian oil Read More

Energy News Oil & Gas World

Oil price surges to highest since 2008 on delays in

Global Business Magazine March 7, 2022

Oil prices soared to their highest since 2008 due to delays in the potential return of Iranian crude to global markets and as Read More

Energy News Oil & Gas World

Oil rises as tight market looks to Russian-Western diplomacy

Global Business Magazine February 21, 2022

Oil prices rose slightly on Monday as fresh diplomatic efforts to resolve the Ukraine crisis provided some relief from supply concerns that Read More

Energy News World

Oil hits seven-year highs as U.S. storm heightens supply concerns

Global Business Magazine February 4, 2022

Oil prices reached seven-year highs on Friday as geopolitical tensions and a winter storm in the United States fuelled concerns over supply Read More

Business News Oil & Gas Regional

Oil rises on elevated geopolitical risks in Europe and Middle

Global Business Magazine January 24, 2022

Oil prices rose on Monday on worries about supply disruption amid concerns about Russia-Ukraine discord and rising tensions in the Middle East, Read More

Business Economy News Omicron World

Oil prices shrug off Omicron slump, soar to 2-month highs

Global Business Magazine January 12, 2022

Oil prices hit two-month highs on Wednesday on tight supply and easing concerns about the potential hit to demand from the Omicron Read More

Business News Omicron World

Oil steady as supply disruptions offset Omicron fears

Global Business Magazine January 10, 2022

Oil prices were largely steady on Monday as supply disruptions in Kazakhstan and Libya offset worries stemming from the rapid global rise Read More

Business News World

Oil prices steady ahead of OPEC+ meeting

Global Business Magazine January 4, 2022

Oil prices were largely steady on Tuesday as investors expected major producers to agree to stick to their planned output increase at Read More

Business News World

Oil starts 2022 with rally towards $79 as Omicron impact

Global Business Magazine January 3, 2022

Oil rose towards $79 a barrel on Monday supported by tight supply and hopes of further demand recovery in 2022 spurred in part by Read More

Business News World

Oil fall as Omicron risks weigh

Global Business Magazine December 13, 2021

Oil fell on Monday as new concerns about the Omicron coronavirus variant and doubts around the effectiveness of vaccines against it were Read More