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Oil prices

  • Biden his time: What can the US President do to contain rising oil prices ahead of the mid-terms?

    January 25, 2022

    As inflation, interest rates and Covid-19 mortalities rise in the US the only thing that appears to be sliding is President Joe Biden’s poll numbers.

  • Oil prices drop as investors brace for interest rate hikes

    January 24, 2022

    Oil prices fell around three per cent on Monday, with both major benchmarks hit by looming fears of interest-rate hikes from the Federal Reserve.

  • US boosts supplies after OPEC+ producers struggle to raise outputs in line with targets

    January 23, 2022

    Oil producers are failing to raise their outputs in line with agreed targets established by OPEC+ this year.

  • Oil prices slide as production ramps up Stateside

    January 21, 2022

    Oil prices have tumbled as market sentiment took a downturn following rising inventories the US, with questions over future benchmark performance.

  • Oil: Market rally drums up hopes of $100 prices amid tightening supplies and international tensions

    January 20, 2022

    Rebounding demand, tightening supplies and geopolitical tensions could power oil prices above $100 per barrel for the first time in eight years.

  • Oil rally drums up expectations with analysts forecasting $100 prices

    January 19, 2022

    OANDA's senior analyst Craig Erlam has told City A.M. oil prices could reach $100 per barrel during the first quarter this year.

  • Oil prices climb to seven-year highs with OPEC bullish amid tightening supplies

    January 18, 2022

    Oil prices rose to seven-year highs today, with both major benchmarks rallying amid tightening supplies and festering geopolitical tensions.

  • Crude awakening: Oil prices climb as supplies tighten and fears of Ukraine invasion rise

    January 17, 2022

    Oil prices are on the rise this morning amid tightening supplies and White House fears of a Russian invasion of Ukraine.

  • US agency predicts decline in oil prices as producers pledge to boost global inventories

    January 13, 2022

    Increased supplies in global petroleum inventories will cause oil prices to drop, argues the US Energy Information Administration.

  • Oil prices could reach $100 per barrel amid tightening supplies and reduced Omicron fears

    January 12, 2022

    Oil prices could reach to $100 per barrel within months, as supplies tighten and demand strengthens amid reduced Omicron fears.

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