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Will Oil Prices Head Higher In 2023?

Oil prices have traded below $100 per barrel since the beginning of August. A recession could weigh further on global oil demand, though...
News

Brent Crude Zooms Towards $100 As OPEC+ Leaks That It May Cut Production Again

Crude oil prices rallied on Tuesday morning as OPEC+ leaked that it may cut oil production 'when and if Iranian production returns'. New...
Business

Oil Dips As Fear Of Recession Prevails On Market

Crude prices opened lower on Friday morning as recession fears persist. As of 9:00 a.m. ET on Friday, WTI Crude was trading below...
News

WTI Crude Falls To Lowest Level Since January

Crude oil prices fell further on Tuesday, with WTI falling to its lowest benchmark price since January this year. Crude oil prices began their fall on...
Headline

Barclays Slashes Oil Price Forecast To $103 Per Barrel

Barclays has slashed its Brent oil price forecast by $8. The bank noted that persistent Russian oil supply and an expected surplus were...
News

Salman Rushdie, ‘Satanic Verses’ Author Stabbed In New York

Author Sir Salman Rushdie, who has faced death threats for his novel The Satanic Verses, has been stabbed in the neck while on stage...
Headline

OPEC’s Oil Production Rises But Still Well Below OPEC+ Target

OPEC’s total crude oil production rose by 216,000 barrels per day (bpd) in July compared to June, but combined production from the 10 OPEC...
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