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Oil prices

  • Oil prices enjoy healthy gains amid easing concerns over Omicron variant

    December 10, 2021

    Oil prices continue to recover from last month’s steep dive with markets increasingly less fearful of the emerging Omicron variant.

  • Oil prices steady despite looming pandemic restrictions

    December 8, 2021

    Oil prices remain steady despite reports of key markets potentially introducing more pandemic restrictions ahead of Christmas.

  • Oil sorted? Prices show partial signs of recovery amid reports of mild Omicron variant

    December 6, 2021

    Oil partially recovered on Monday, climbing towards $72 a barrel with reports of Omicron being milder than first feared.

  • OPEC+ maintains output rises despite fears of reduced oil demand

    December 2, 2021

    OPEC and its allies including Russia (OPEC+) are sticking to monthly oil output increases, despite fears of reduced demand following the new Omicron variant.

  • Oil market awaits Omicron’s effect on demand

    December 1, 2021

    Oil prices are hovering at around $70 per barrel with big swings on both benchmarks amid growing uncertainty over the Omicron variant.

  • Oil prices rebound from massive drop despite discovery of Covid-19 variant

    November 29, 2021

    Oil prices showed some signs of recovery on Monday after massive drops last week of over ten per cent on both major benchmarks.

  • Oil, gas and mining ride the commodities boom as fundraising tops £1bn

    November 29, 2021

    Oil, gas and mining companies have raised over £1bn in fundraising on the London Stock Exchange this year, amid a commodity price boom.

  • Crude awakening: Oil markets braced for further drops following new Covid-19 variant

    November 28, 2021

    Oil prices could plummet further after price drops of over ten per cent last Friday on both major benchmarks amid deepening Covid-19 fears.

  • Oil is calm: Prices stabilise following wild market swings on both benchmarks

    November 25, 2021

     Oil prices remained stable on Thursday following wild swings on both major benchmarks over the past few months.

  • Oil toils: Prices slide to seven-week low as Covid-19 cases surge across Europe

    November 21, 2021

    Oil prices slide to seven week lows amid rising Covid-19 cases and positive noises from Japan regarding releasing reserves.

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