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Analysts See Oil Prices Rising To $90 By End-2023

Reuters survey: oil prices are set to rise toward $90 per barrel by the end of this year. So far this year, Brent...
Energy

Oil Ticks Up as Russia’s Novak Says No More OPEC+ Cuts Needed

By Tom Kool Crude oil prices ticked higher on Thursday, stabilizing after Wednesday’s drop due to sentiments that the OPEC+ late March production cut announcement...
Energy

Four Scenarios That Could Send Oil Prices To $200

By Irina Slav  Oil at $200 is a possibility, although unlikely to happen. Possible scenarios include a major escalation in the Ukraine conflict or...
Energy

Oil Prices Return To Recent Highs

By Julianne Geiger  The price of crude oil returned on Tuesday to the recent highs seen after OPEC+ announced it would cut production by another...
Energy

Nigeria’s Oil Production Drops For The First Time In Six Months

By Charles Kennedy Nigeria produced 1.517 million barrels of oil per day last month, down by 2% from February, Nigerian media reported, noting that the...
Energy

S&P 500 Wavers As OPEC Move Stokes Inflation Fears

By Agency Report Stock markets around the world are mixed Monday, as a jump in oil prices threatens to add upward pressure on inflation. The S&P...
Energy

Oil Prices Soar As OPEC+ Shocks The Market

On Sunday, OPEC+ announced a surprise production cut of some 1.16 million barrels per day, increasing the total OPEC+ cut to 3.66 million...
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