US Presidents' Day: Global Oil Prices Plunge Near $77.80 Per Barr...
WitriyaniMon, 19 Feb 2024
Global oil prices per barrel have recently declined, possibly due to technical corrections and weak trading caused by Presidents' Day holiday in the United States. WTI prices reached around $77.80 per
Strong Demand Triggers Rapid Oil Price Rise!
WitriyaniFri, 07 Jul 2023
Oil prices rose slightly on Friday, posting a second straight weekly gain, as strong demand led to a larger-than-expected draw in U.S. crude stockpiles, offsetting concerns about higher U.S. interest
After UK Interest Rate Hike, Oil Demand Plummets!
WitriyaniFri, 23 Jun 2023
Oil price news today - Oil prices fell for a second straight session and headed for a weekly decline of more than 3% on Friday. The decline was caused by higher-than-expected interest rates in the UK
Global Oil Prices Weak! OPEC-Driven Rally Fails?
WitriyaniTue, 06 Jun 2023
Oil prices eased in Asia on Tuesday as early optimism over further supply cuts from Saudi Arabia and OPEC was largely overshadowed by ongoing concerns about slowing economic growth and falling demand.
Crude Oil Below Highs, Market Weighs Demand
Wachda MihmiiTue, 08 Nov 2022
Crude oil prices hovered below a two-month high on Tuesday as the market weighed mixed demand signals from top importer China, although a weaker dollar, amid expectations of a less hawkish Federal Res
Crude Oil Prices Hit Today's Highest Value, US Dollar Weakens!
Wachda MihmiiThu, 27 Oct 2022
Crude oil prices hit their highest level in two weeks on Thursday (10/27/2022) as pressure from the dollar eased, while record high US crude exports showed that global oil demand remains strong despit
Oil Prices Post Weekly Decline as COVID-19 Surge
Wachda MihmiiFri, 14 Oct 2022
Oil prices rose on Friday but were set to end the week lower as a surge in COVID cases in China fueled concerns about slowing demand, while the U.S. posted a bigger-than-expected build in crude invent
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