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Tag "oil prices"

Crude oil price rises to $87 per barrel — highest since October 2023

    Crude oil price rises to $87 per barrel — highest since October 2023

Crude oil prices, on Monday, increased to a five-month high. Brent crude increased by 0.56 percent to $87.54 a barrel while US West Texas Intermediate (WTI) crude rose 0.79 percent,

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Iran to Islamic nations: Impose oil embargo on Israel over airstrikes in Gaza

    Iran to Islamic nations: Impose oil embargo on Israel over airstrikes in Gaza

Iran has proposed an oil embargo on Israel in retaliation to the country’s military action in Gaza, which has become the battleground in the Israel and Hamas war. On Tuesday,

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Oil price nears $95 a barrel amid fears of supply deficit

    Oil price nears $95 a barrel amid fears of supply deficit

Oil price, on Monday, recorded an upswing to nearly $95 a barrel. Brent crude rose 0.38 percent to $94.30 a barrel by 11.14 WAT, while US West Texas Intermediate crude

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Fears of tighter global supply push oil price to $83 a barrel

    Fears of tighter global supply push oil price to $83 a barrel

Oil price, on Thursday, rose to $83 a barrel. Brent crude, the global oil benchmark, rose 0.75 percent to trade at $83 a barrel, while the US West Texas Intermediate

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Oil price falls to $75 a barrel amid demand fears in US, China

  Oil price falls to $75 a barrel amid demand fears in US, China

Oil prices fell on Friday as renewed economic concerns in the United States and China (two main oil consumers) raised

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Monetary policy rate, food prices in February… 7 top business stories to track this week

  Monetary policy rate, food prices in February… 7 top business stories to track this week

Here are the seven top business news you need to track this week — March 20 to March 24 CBN

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Oil price falls to $72 a barrel — first time since December 2021

  Oil price falls to $72 a barrel — first time since December 2021

Oil price fell on Wednesday to $72 a barrel for the first time in more than one year. Brent crude,

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Oil price rises to $85 a barrel amid Russia’s plan to cut output

  Oil price rises to $85 a barrel amid Russia’s plan to cut output

Oil prices rose on Friday after Russia announced plans to cut oil production. The decision was in response to price

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Boost in China demand pushes oil price to $84 a barrel

  Boost in China demand pushes oil price to $84 a barrel

Oil prices rose on Friday buoyed by expectations that demand from China will remain resilient. Brent crude, the global benchmark

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Oil price nears $85 a barrel amid potential shrink in Russian oil supply

  Oil price nears $85 a barrel amid potential shrink in Russian oil supply

Oil price rose on Friday on hopes that Russian crude oil supplies will drop. Brent crude was up by 2.63

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