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Oil Prices Jump As Saudi Arabia Extends Oil Production Cut

By Charles Kennedy Oil prices jumped on Thursday after Saudi Arabia said it would extend its unilateral voluntary cut of 1 million barrels per day...
Energy

Oil Prices Tick Higher On Optimistic Economic Forecasts

By Julianne Geiger Oil prices saw another rise on Tuesday morning on optimistic forecasts published by the International Monetary Fund (IMF). On Tuesday, the IMF raised...
Energy

Oil Prices Extend Gains As Fundamentals Come Into Focus

Oil prices are set to post a third consecutive weekly gain, with Brent nearing $81 and WTI changing hands for $76.41. Bullish sentiment...
Energy

Oil Prices Remain Capped By Economic Concerns

By Michael Kern Oil prices are set for a second consecutive weekly gain but the upside remains limited due to continued economic concerns. UAE: Latest Output...
Energy

Oil Prices Diverge As Uncertainty Persists

Uncertainty is rampant in oil markets, with traders struggling to balance economic uncertainty with continued supply cuts and the rising cost of capital. ...
Energy

Oil Prices Fall As Fears Of A Global Economic Slowdown Grow

Oil prices continued to decline on Friday, with WTI falling below $69 and Brent below $73.50. Concerns of a global economic slowdown are...
Energy

Nigeria’s LNG Sales Slump Amid Security And Investment Challenges

By Michael Kern  Nigeria’s revenues from LNG exports declined in the first quarter of 2023 to the lowest in five quarters, due to security challenges...
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