Latest News for: Oil price

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Oil prices up over investor profit-taking, tighter supply prospects

Anadolu Agency 23 Apr 2024
Oil prices increased on Tuesday amid investor profit-taking and expectations of a tight supply-demand balance in the markets in the coming months, after falling to the lowest levels in nearly a month with the eased tensions in the Middle East.
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Russia cuts oil price forecast to $65 per barrel in 2024-2027

Natural Gas World 23 Apr 2024
MOSCOW, April 23 (Reuters) - The Russian economy ministry has downgraded its forecasts for the country's crude oil export prices for the next three years to $65 per barrel, according to an updated outlook seen by Reuters on Tuesday.
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Oil prices stabilise, Middle East tensions remain in focus

Ammon 23 Apr 2024
Oil prices edged higher on Tuesday, after falling in the ...
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Oil prices rise slightly as tension in Middle East remains focus

Business Day 23 Apr 2024
New Delhi — Oil prices edged higher on Tuesday, after falling in the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East ... oil prices, she said.
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Global stocks mostly rise in relief rally as oil prices ease

Daily Times Chronicle 23 Apr 2024
Major stock markets rallied Monday with a record close for London while oil prices dipped as Middle East worries subsided and traders looked ahead to the release of key US inflation data and corporate earnings ... .
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'Bargain' energy stocks: Morningstar strategist picks 5 to buy as oil prices slide

CNBC 23 Apr 2024
'Bargain' energy stocks. Morningstar strategist picks 5 to buy as oil prices slip ... .
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Oil Prices Drop Amid Easing Middle East Tensions

MENA FN 23 Apr 2024
(MENAFN - The Rio Times) On Monday, the oil markets witnessed a notable decline in prices, triggered by growing confidence that tensions between Iran and Israel would not escalate into a broader ... .
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The U.S. will do 'absolutely anything' in its power to make sure oil prices don't ...

CNBC 23 Apr 2024
Amrita Sen, founder and director of research at Energy Aspects, says the United States is "not in panic mode," but is "very, very worried" about high oil prices ... .
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Oil Prices Stabilize as Geopolitical Risk Cools

Oil Price 23 Apr 2024
Crude oil prices have recouped some of the losses posted on Monday as fears of an escalation between ...
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Oil prices rebound in Asian trading amid geopolitical concerns in Middle East

MENA FN 23 Apr 2024
(MENAFN) In early Asian trading on Tuesday, oil prices saw an uptick, recovering from losses recorded in the previous session, as market participants continued to evaluate the impact of geopolitical ... .
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BOK rate cut elusive amid high oil prices, plunging won

Korea Times 23 Apr 2024
Anchoring the pessimism are elevated oil prices amid fears of wider war in the Middle East and consequent spike in import prices and shipping costs ... dollar is a factor behind rate cuts, according to Rhee, but the bigger question is about oil prices.
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American Club: Oil price cap scheme updates and compliance enforcement alert

SAFETY4SEA 23 Apr 2024
... of Foreign Assets Control (OFAC) Alert on Possible Evasion of the Russian Oil Price Cap (April 2023) Guidance on Implementation of the Price Cap Policy European Commission’s Oil Price Cap Guidance.
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AAA: Gas Prices Stable in PA - exploreClarion

Explore Clarion 23 Apr 2024
Lackluster domestic demand for gasoline paired with decreasing oil prices has limited gas price increases over the past week ... Higher demand and a rise in oil prices could push pump prices higher.
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OPEC cuts and geopolitical tensions propel Brent crude up by over 13% in 2024; central banks face inflation challenge

Live Mint 23 Apr 2024
... dynamics, adding further pressure on policymakers.The continuous increase in oil prices holds significant implications, particularly for nations heavily dependent on dollar-denominated energy imports.
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