Oil prices climbs above $95 per barrel as weak US output worsens supply woes oil Oil prices are within touching distance of the $100 milestone, after underwhelming levels of shale production in the US.
Oil prices continue rally amid OPEC cuts with $100 per barrel in sight OIL PRICES Oil markets have consolidated last week's hefty gains, with growing expectations of a widening supply deficit this year.
G7 price cap restrains Russian oil revenues but Kremlin still finding buyers ENERGY Price caps on Russian oil and gas have managed to drive down oil revenues and keep prices in check for consumers, experts suggest.
Seven week oil rally ends as demand concerns in China sees prices stall August 20, 2023 This year's longest rally in oil prices has finally stalled, with both benchmarks faltering for the first time since swingeing OPEC cuts.
Oil price rally unlikely to hit $100 per barrel milestone this year, experts say August 14, 2023 Oil prices are unlikely to hit $100 per barrel this year despite a seven-week rebound and tightening supplies this year, experts predict.
Oil records seven weeks of gains despite IEA and OPEC’s differing demand outlooks August 13, 2023 Oil begins trading on Monday after recording seven consecutive weekly gains amid growing expectations of tightening supplies.
Oil prices boosted by six weeks of gains as supplies tighten worldwide August 6, 2023 Oil markets will open trading on Monday having recorded six weeks of gains across both major benchmarks, as tightening supplies bolster prices.
What next for oil prices as US stockpiles slip and hope of China rebound rises August 2, 2023 Oil markets are benefitting from robust demand, with trading on both major benchmarks at a near four month-high.
Oil prices rally due to revived hopes of Chinese demand amid Opec cuts July 30, 2023 Oil prices have recorded five straight weeks of gains with investors seemingly convinced markets will tighten.
Equinor unveils steep drop in profits as fossil fuel prices fall July 26, 2023 Equinor's profits have tumbled in line with falling oil and gas prices, signalling an expected industry-wide decline in earnings.