ALL POSTS FILED UNDER: OIL PRICES
Shanghai Covid: Oil prices fall after city starts lockdown
Add a CommentGlobal oil prices have fallen as China starts to implement a city-wide lockdown in Shanghai, an important financial and manufacturing hub. Brent crude lost more than $4.50 a barrel on concerns that the move would mean that demand for oil … Read more →
Oil prices fall as strengthening dollar impacts commodities
Add a CommentOil fell the most since November with a stronger dollar and concerns surrounding inflation weighing on crude’s best start to the year on record. Futures in New York declined 3.2% on Friday, with a rising dollar reducing the appeal of … Read more →
Oil prices touch multi-month highs as OPEC+ expected to cap output
Add a CommentOil prices touched multi-month highs on Monday on expectations that OPEC and allied producers may cap output at current levels in February as the coronavirus pandemic keeps worries about first-half demand elevated. Prices rose in line with broader financial markets … Read more →
Oil prices dip on wilting hopes for U.S.-China trade deal
Add a CommentOil prices eased on Thursday on the expectations that the resumption of U.S.-China talks will not end the trade war between the world’s two largest oil consumers, exacerbating anxiety over the global economy and fuel demand. China, the world’s biggest … Read more →
(Selorm) | 
(Nana Kwesi)