Highlights Crude oil prices rose on Tuesday. Both the contracts reached their highest level in a month, strengthened by boosting US equities. Omicron-induced staff shortages led to various flight cancellations Crude oil prices rose on Tue...
Highlights Crude oil prices rose on Thursday. The prices had been struggling on concerns that the supply will exceed the demand in 2021 due to rising cases of the new virus variant. Xian city in China ordered 13 million residents to stay at ho...
The year 2021 has been a great one for many commodity players, with several commodities seeing a sharp surge in the prices. Be it metals or energy commodities, many of them reached their all-time high or multiyear high. For instance, lumber prices ...
Highlights Crude oil price tumbled on Tuesday. Producer prices reached 11-year highs on Tuesday. Governments across the globe are trying hard to put restrictions to curb the spread of the Omicron variant. Crude oil prices tumbled to nearl...
Highlights Crude oil price eased on Monday. More than 60 countries across the globe have shown a very high global risk. Governments across the globe including Norway and Britain were tightening restrictions to curb the spread of the virus. ...
Highlights Crude oil price climbs nearly 3% on Tuesday. Crude oil prices tumbled during the last week. Saudi Arabia increased the selling price of all crude grades from Sunday. Crude oil price rises nearly 3% on Tuesday, extending the pre...
At a time when reducing the consumption of non-renewable energy sources has become an increasingly pressing global issue, Japan seems to have found the light at the end of the tunnel. The country has opted to switch to hydrogen as a recourse to the...
Highlights Crude oil price recovers on Monday after settling a little higher on Friday. OPEC+ decided to stick to its original plan of gradually increasing the output. The cartel's next meeting is scheduled for 4 January 2022. Crude oil p...
Highlights Crude oil prices settled higher on Thursday. OPEC+ surprised the market by sticking to its original plan. The cartel decided to boost the supply in January. Crude oil prices settled nearly 1% higher on Thursday after a volatile...
Crude oil prices dropped on Tuesday after the chief cast of Moderna doubted the efficiency of the COVID-19 vaccine against the new variant of coronavirus, prompting worries about oil demand. February delivery Brent Crude oil futures last traded at...