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.
Crude moves: End of oil rally may be in sight with US ramping up production November 16, 2021 Soaring oil prices could be reduced by a global rebound in supplies, the International Energy Agency (IEA) said yesterday. In its November oil report, the organisation argued “the tide might be turning” in the market as supplies catch up with demand. The IEA now expects oil production to increase by 1.5m barrels per day over [...]
Exclusive: En+ chairman and former minister Lord Barker warns ‘don’t expect a big bang’ from COP26 November 14, 2021 Many eyes were on Lord Gregory Barker of Battle earlier this week, as ‘his’ global energy giant En+ was at the heart of COP26’s complex ecosystem of executives, government reps, lobbyists, NGOs and activists in Glasgow. Lord Barker was appointed independent chairman of the En+ Group board of directors in October 2017, just before the company’s [...]