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.
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.