oil price

Oil prices continue slump in fallout from SVB shutdown

Oil prices dropped more than $2 a barrel on Tuesday, extending the previous day's slide, as the collapse of Silicon Valley Bank rattled equities markets and sparked fear about a fresh financial crisis.

Oil flat on week as US inventories rise but Russia cuts supply

Oil edged higher in volatile trade on Friday, and was flat on the week, with prices supported by the prospect of lower Russian exports but pressured by rising inventories in the United States and concerns over global economic activity.

Energy prices fall in December, non-energy gain little: World Bank report

Energy prices dropped 6.2 per cent in December, led by crude oil, according to a World Bank report.

Oil falls again after last session's tumble as economic worries grow

Oil edged lower on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to the state of the global economy.

Oil dips as dollar firms while more rate hikes loom

Oil prices dipped in Asian trade on Thursday as the dollar firmed, while the possibility of further interest rate hikes from global central banks also heightened demand concerns.

5 news to follow on November 29

The theme of this week is rivalry. On one end we have, Brazil Argentina rivalry, and then there’s BNP and Awami League. Here’s a quick round-up of what’s happening around to get you all caught-up.

Oil drops as Russian price cap proposal eases tight supply fears

Oil trickled down on Thursday, hovering around two-month lows, as the proposed price cap on Russian oil from Group of Seven (G7) nations was considered higher than the current trading levels, alleviating concerns over tight supply.

Oil prices steady

Oil prices were steady on Wednesday as concerns about lower fuel demand from China amid tightening COVID-19 curbs offset data showing a larger-than-expected U.S. crude draw last week.

Oil slides 2% as supply fears recede

Oil dropped by about 2 per cent on Friday, logging a second weekly decline, due to concern about weakened demand in China and further increases to US interest rates.

March 14, 2023
March 14, 2023

Oil prices continue slump in fallout from SVB shutdown

Oil prices dropped more than $2 a barrel on Tuesday, extending the previous day's slide, as the collapse of Silicon Valley Bank rattled equities markets and sparked fear about a fresh financial crisis.

February 25, 2023
February 25, 2023

Oil flat on week as US inventories rise but Russia cuts supply

Oil edged higher in volatile trade on Friday, and was flat on the week, with prices supported by the prospect of lower Russian exports but pressured by rising inventories in the United States and concerns over global economic activity.

January 9, 2023
January 9, 2023

Energy prices fall in December, non-energy gain little: World Bank report

Energy prices dropped 6.2 per cent in December, led by crude oil, according to a World Bank report.

January 4, 2023
January 4, 2023

Oil falls again after last session's tumble as economic worries grow

Oil edged lower on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to the state of the global economy.

December 15, 2022
December 15, 2022

Oil dips as dollar firms while more rate hikes loom

Oil prices dipped in Asian trade on Thursday as the dollar firmed, while the possibility of further interest rate hikes from global central banks also heightened demand concerns.

November 29, 2022
November 29, 2022

5 news to follow on November 29

The theme of this week is rivalry. On one end we have, Brazil Argentina rivalry, and then there’s BNP and Awami League. Here’s a quick round-up of what’s happening around to get you all caught-up.

November 24, 2022
November 24, 2022

Oil drops as Russian price cap proposal eases tight supply fears

Oil trickled down on Thursday, hovering around two-month lows, as the proposed price cap on Russian oil from Group of Seven (G7) nations was considered higher than the current trading levels, alleviating concerns over tight supply.

November 23, 2022
November 23, 2022

Oil prices steady

Oil prices were steady on Wednesday as concerns about lower fuel demand from China amid tightening COVID-19 curbs offset data showing a larger-than-expected U.S. crude draw last week.

November 19, 2022
November 19, 2022

Oil slides 2% as supply fears recede

Oil dropped by about 2 per cent on Friday, logging a second weekly decline, due to concern about weakened demand in China and further increases to US interest rates.

November 8, 2022
November 8, 2022

Oil prices fall as China demand, recession concerns outweigh supply woes

Oil prices fell on Tuesday as recession concerns and worsening Covid-19 outbreaks in China sparked fears of lower fuel demand, outweighing supply worries.