Tag: Brent crude
Expect Fuel Price Increase in January, IES Tells Ghanaians
The Institute for Energy Security (IES) has projected that the price of fuel would increase marginally in the first pricing window of January, 2021.
Institute...
Oil Responds to OPEC+ Latest Output Deal, Hits 10-Month High of...
Oil prices extended gains on Wednesday, rising to their highest since late February, after Saudi Arabia announced a big voluntary production cut, and as...
Oil Price Slips as New Coronavirus Strain Spreads
Oil prices slips on Tuesday, extending sharp losses overnight, as the rapid spread of a new strain of the novel coronavirus in the United...
Oil Price: Brent Hits Above $50
Oil prices climbed nearly 3% on Thursday, with Brent surging above $50 a barrel for the first time since early March, fueled by hopes...
Oil Slips as Gloom Grows Over Soaring COVID-19 Cases, Lockdowns
Oil prices fell on Tuesday, adding to losses from the previous session that came as California tightened its pandemic lockdown through Christmas and coronavirus...
News of Pfizer Covid-19 Vaccine Spurs 10% Increase on Oil prices
The significant progress reported on the development of a Covid-19 vaccine by pharmaceutical company Pfizer, triggered a leap in oil prices, agencies reported on Monday.The news of...
Oil Price Slips as New Lockdown Measures Threaten Demand Recovery
Oil price slips on Thursday as new restrictions to stem a surge in COVID-19 infections have increased uncertainty over the outlook for economic growth...
Global Oil Prices Drop Following Saudi Cuts, China Imports Slowdown
Oil prices fell by more than 1% on Monday after touching their lowest points since July as Saudi Arabia made the most profound monthly...
Oil turns lower as weaker demand outlook weighs
Oil prices gave back early gains and turned lower on Friday after the International Energy Agency (IEA) deemed supply adequate and the outlook for...
Oil down 3 percent after modest U.S. draw; swings seen pre-UK...
Oil prices extended their losses on Wednesday, falling nearly 3 percent, after a smaller-than-expected U.S. inventory draw-down and jitters ahead of a vote on...
Brent Crude Oil Goes Above $50
London –  Brent crude prices held at about 50 dollars a barrel on Friday as sign that the oil market was moving back to...