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Oil prices

  • Oil prices stable with supply disruptions cancelling out fears of reduced demand

    January 10, 2022

    Oil prices were stable on Monday, as supply disruptions in Kazakhstan and Libya offset fears from soaring Omicron infections around the world.

  • Chariot’s shares enjoy wild ride up the London Stock Exchange after it discovers gas at offshore well

    January 10, 2022

    Chariot’s shares galloped 44 per cent up the FTSE AIM All-Share after it discovered more gas than expected at its offshore well in Morocco.

  • Oil prices stabilise despite OPEC+ sticking to raised output targets

    January 5, 2022

    Oil prices rose above $81 per barrel on Wednesday after OPEC+ opted to maintain its agreed output target rise for February.

  • Oil prices remain stable with OPEC+ expected to maintain output increases

    January 4, 2022

    Oil prices have remained stable ahead of today’s OPEC+ meeting, with the organisation on course to increase supplies in the market.

  • Oil prices dip two per cent as Omicron variant renews concerns of supply glut

    January 2, 2022

    Oil prices have fallen amid rising fears of reduced demand and a supply glut next year following record Covid-19 cases reported in major economies.

  • Oil prices show signs of recovery after encouraging reports on Omicron variant

    December 23, 2021

    Oil prices remain stable following multiple reports from the UK confirming the Omicron variant is milder than previous variants.

  • US inventories prop up oil prices amid Omicron uncertainty

    December 22, 2021

    Oil prices have stabilised following five per cent drops on Monday, after US crude inventories revealed larger-than-expected declines.

  • Oil prices slide amid surplus fears as Omicron hits demand

    December 19, 2021

    Oil prices have dropped again as fears over the Omicron variant and its effect on demand spread across the market.

  • Oil market set for weekly loss as Omicron fears dent demand

    December 17, 2021

    Oil prices dipped again on Friday as fears over the effects of the Omicron variant on air travel demand spread across the market.

  • Oil prices drop amid concerns of reduced travel demand as Omicron spreads worldwide

    December 15, 2021

    Oil prices are still falling after IEA's gloomy update this week, forecasting reduced air travel demand as Omicron spreads around the world.

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