Tag: Crude Oil

Oil prices fell on Wednesday, taking a breather after a strong rally this week spurred by the loss of a quarter ...

Oil benchmarks jumped more than 5% on Monday, helped by a weaker U.S. dollar, after marking their biggest week of ...

Oil prices reversed out of a seven-day losing stretch on Monday as investors punted on crude at bargain levels, though lingering ...

U.S. crude oil inventories fell 3.2 million barrels last week to 435.5 million barrels, their lowest since January 2020, the ...

Oil prices steadied on Wednesday after four days of declines with investors still worried about the outlook for fuel demand ...

Oil prices rose on Tuesday, recovering from the previous day’s losses, as investors sought bargains and on expectations that major producers ...

Oil prices fell more than 1% on Monday, dropping for a third session after official data showed that refining throughput and ...

Oil prices fell for a second day on Friday after the IEA warned that demand growth for crude and its products ...

Oil prices were steady on Thursday following two days of gains after a call from the United States, the world’s ...

Oil prices on Wednesday consolidated strong overnight gains as a bullish outlook for U.S. fuel demand outweighed concerns about mobility curbs ...

Oil prices rose on Tuesday, edging up from a three-week low in the previous session, but gains are likely to be ...

Oil prices fell on Monday on worries over China’s economy after a survey showed factory activity growing at its slowest pace ...

Oil prices fell on Friday but were on track to post solid gains for the week with demand growing faster than ...

Oil prices slipped but remained near $75 per barrel on Thursday as crude stockpiles in the United States, the world’s top oil consumer, ...

Oil prices climbed on Wednesday after industry data showed U.S. crude and product inventories fell more sharply than expected last week, ...

Oil prices were steady on Tuesday with investors betting tight supply and rising vaccination rates will help offset any impact on ...

Oil prices were lower on Monday as investors balanced concerns about fuel demand from the spread of COVID-19 variants and floods ...

Oil prices trimmed overnight gains on Friday but were poised to end the week largely steady after rebounding from a sharp ...

Oil prices fell on Thursday after an unexpected rise in U.S. crude oil inventories and as rising COVID-19 infections threaten ...

Oil prices fell on Wednesday after an industry report showed an unexpected build-up in U.S. oil inventories last week, which ...

Oil prices fell more than $1 a barrel on Monday after the OPEC+ group of producers overcame internal divisions and ...

Oil prices fell a third day on Friday as supply concerns continued to haunt the market, with OPEC likely to ...

Relief for Kenyans after the government retained fuel prices at the same levels as last month in the July review. ...

Oil prices fell nearly 1% on Thursday, extending losses as investors braced for more supplies following a compromise between top ...

Oil prices fell on Wednesday on future demand concerns after data showed that China’s first-half crude imports dropped, but were ...

Oil prices climbed on Tuesday, reversing some of the previous day’s losses, as tight supply and expectations of a further ...

Oil prices were lower in early Asian trade on Monday as the dispute in talks among key producers to raise ...

Oil prices were mixed on Friday after a boost from a drop in U.S. crude and gasoline inventories but were ...

Oil prices fell for a third day on Thursday amid anxiety that supply may rise after the collapse of this ...

Oil jumped to its highest level in nearly three years after talks between OPEC, and its oil-producing allies were postponed ...

Oil prices held steady on Friday after OPEC+ ministers delayed a meeting on output policy as the United Arab Emirates ...

Oil prices edged higher on Thursday, supported by lower U.S. inventories, as investors waited for a decision from key producers ...

Oil prices on Wednesday extended the previous day’s small gains after an industry report showed U.S. crude stockpiles fell last ...

Oil prices dropped for a second day on Tuesday on worries about slower fuel demand growth as outbreaks of the ...

Oil prices climbed to highs last seen in October 2018 on Monday as the United States and Iran wrangled over ...

Oil prices climbed for a third straight session on Friday, on track for a fifth consecutive weekly gain, as demand ...

Oil prices climbed on Thursday after a sharp drawdown in U.S. crude, and gasoline stocks reinforced optimism of a quick ...

Crude oil prices rose on Tuesday, with Brent hitting $75 a barrel for the first time since April 2019, as ...

Oil prices nudged up on Monday, underpinned by strong demand during the summer driving season and a pause in talks ...

Oil prices fell for a second consecutive day on Friday as the U.S. dollar soared on the prospect of interest ...

Crude oil prices fell on Thursday, pressured by a stronger U.S. dollar, but losses were limited by a big drop ...

Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session. The prospect of extra supply coming to ...

Shares in Asia-Pacific were mixed in Monday trade, with multiple major markets in the region closed for holidays. The Nikkei 225 in ...

Oil prices held near multi-year highs on Monday, underpinned by an improved outlook for demand as increased COVID-19 vaccinations help ...

Oil prices slipped on Friday but were set for their third weekly rise on expectations for a recovery in fuel ...

Oil prices slid on Thursday as inventory data in the United States, the world’s top oil consumer, showed a surge ...

Oil prices rose for a second day on Wednesday on signs of strong fuel demand in Europe, while the prospect ...

Oil prices edged lower on Tuesday as concerns about the fragile state of the global recovery in demand for crude ...

Oil extended gains to hit fresh multi-year highs on Monday, supported by a brighter economic and fuel-demand outlook. At the ...

Oil prices eased on Friday as concerns about the patchy roll-out of COVID-19 vaccinations around the globe tempered optimism over ...

Oil prices rose for a third day on Thursday on expectations for a surge in fuel demand, particularly in the ...

Oil prices rose on Wednesday after OPEC and its allies stuck to their plan to cautiously bring back oil supply ...

Oil prices rose on Tuesday, with Brent topping $70, as optimism grew over the fuel demand outlook during the summer ...

Oil prices climbed in early Asian trade on Monday, stimulated by the bright outlook for fuel demand growth in the ...

Robust economic data from the United States, the world’s largest economy and oil consumer, also buoyed risk appetite by investors.

Oil prices fell on Thursday but stayed within the tight range they have been in all week, as optimism on ...

Oil prices were steady on Wednesday as concerns of a possible resumption in Iranian supply that would result in an ...

Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as prospects ...

Oil prices edged higher on Monday as a storm formed in the Gulf of Mexico. Iran said a three-month nuclear ...

Oil prices edged higher on Friday, taking a break after three days of losses as investors braced for the return ...

Oil prices fell on Thursday after a slump in the previous session, as rising U.S. stockpiles added to concerns about ...

Oil prices fell for a second day on Wednesday on the potential of Iranian supply returning and as investors sold ...

Oil prices climbed on Tuesday, extending gains from the previous day, as optimism over the reopening of the U.S. and ...

Oil prices edged lower on Monday as the recovery of a major U.S. pipeline network eased concerns about oversupply, and ...

Oil prices fell on Friday after dropping about 3% a day earlier as coronavirus cases remained high in major oil ...

Oil prices fell on Thursday, pulling back from an eight-week high as concerns about the coronavirus crisis in India, the ...

Oil prices rose on Wednesday after a drop in U.S. crude inventories reinforced OPEC's robust demand outlook, while the market ...

Oil prices fell on Tuesday as the prospect of the main U.S. East Coast gasoline pipeline remaining shut for the ...

Crude oil prices edged higher on Monday after a major cyberattack forced the shutdown of critical fuel supply pipelines in ...

Oil prices recovered after a 1% dip in the previous session, on buoyant economic data from China and the United ...

Oil prices edged higher on Wednesday, extending gains from the previous session after industry data indicated U.S. crude stocks fell ...

Oil prices added to overnight gains on Tuesday, as more U.S. states eased lockdowns and the European Union sought to ...

Oil prices fell on Monday as a fatal second wave of a coronavirus epidemic hit India cutting short the demand ...

Oil prices slipped on Friday after touching their highest in six weeks as concerns of wider lockdowns in India and ...

Oil prices extended gains on Thursday after rising 1% the previous session, as bullish forecasts on recovering demand this summer ...

Oil prices edged lower on Wednesday with a rapid spread of COVID-19 infections in India, a bigger-than-expected build in U.S. ...

Oil was up Tuesday morning in Asia, bouncing back from the previous session’s drops. However, investors remained concerned about fuel ...

Oil prices rose on Friday on hopes of a fuel demand recovery in the United States and Europe as economic ...

Libya’s National Oil Corp (NOC) declared force majeure on Monday on exports from the port of Hariga and said it ...

Oil prices rose on Tuesday, supported by a weaker U.S. dollar which boosts demand for dollar-denominated assets from buyers holding ...

Oil prices extended gains on Friday, recording a weekly gain of more than 6% with an improved oil demand outlook ...

The Energy and Petroleum Regulatory Authority(EPRA) has retained Diesel, Petrol and Kerosene’s price between 15th April and May 14th, 2021. ...

Total SE has signed agreements with Ugandan officials for an oil development set to transform the East African nation into ...

Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies ...

Oil prices fell on Thursday after official figures showed a big increase in U.S. gasoline stocks, causing concerns about demand ...

Oil prices dropped earlier this week after the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, ...

Oil prices rose early on Tuesday as a drop in the U.S. dollar made crude a more attractive buy, paring ...

Oil has recovered from historic lows last year with the support of record OPEC+ cuts, most of which will remain ...

Crude prices rose on Thursday, redeeming some of the previous session’s losses on expectations that a meeting of OPEC + ...

Oil prices rose on Wednesday, paring overnight losses a day ahead of a meeting of OPEC and its allies, with ...

Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold. Investors focus has ...

Oil Prices are getting some support from expectations that the OPEC and its allies will maintain lower output levels when ...

Oil prices reversed a sharp sell-off a day earlier to rise 1% on Friday on mounting fears that it could ...

Oil prices fell 1% on Tuesday amidst concerns that curb the spread of the coronavirus pandemic and slow vaccine rollouts ...

Oil prices extended losses on Monday, amidst concerns that European lockdowns may slow down the expected recovery on oil demand. ...

Oil prices fell on Friday for the sixth day in a row, down nearly 9% for the week, as a ...

Oil prices declined for a fifth consecutive session on Thursday, falling around 1% after official data showed a further increase ...

Oil prices climbed on Wednesday as investors weighed a recovery in U.S. refinery activity as industry data showed U.S. crude ...

Oil prices fell on Tuesday, extending declines for a third day, as concerns about rising stockpiles in the United States ...

Super Petrol prices rose by Kes 7.63 to retail at Kes 122.81 per litre following the latest Energy and Petroleum ...