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.
Oil be back: Prices recover despite Biden pushing China to release crude reserves November 19, 2021 Oil prices are showing signs of recovery despite calls from the US and China to flood the market with crude reserves.
Oil prices slump to six-week lows as US and China join forces to release reserves November 18, 2021 Oil prices slide six-week lows as US and China pledge to release their reserves to counter high prices.