Oil price jumps on US stimulus hopes

Oil prices gained on Monday as European diesel demand, constrained by Russian sanctions and shipping disruptions, pulled prices higher in a market jittery with U.S. refinery output limited by planned overhauls, analysts said. Brent crude futures

Oil prices rose for a second day on Thursday, buoyed by a softer dollar and another attack on shipping near Yemen. Brent crude futures rose 35 cents, or 0.4%, to $83.38 a barrel at 1036 GMT.

Oil prices edged lower on Tuesday but remained near three-week highs on heightened Middle East tensions and as China showed some signs of economic recovery. Brent futures dipped 29 cents or 0.35% to $83.27 a barrel

Oil prices edged up on Tuesday as uncertainty over fighting in the Middle East kept markets on edge, but gains were capped by concerns that central banks will keep interest rates higher for longer to battle

Oil prices rose for a third consecutive day on Wednesday, boosted by a larger-than-expected fall in U.S. fuel stocks, and rising tensions in the Middle East. Brent crude futures settled 62 cents higher, or 0.79% at

Crude oil prices started trade this week with a gain amid indications that the United States plans further military action in the Middle East and that the Yemeni Houthis have no plans to stop shooting at

The National Agency of Petroleum, Gas and Biofuels (ANPG) have finally disclosed the selected preferred bidders of the country 2023 onshore licensing bid round. The agency in its capacity as National Concessionaire and holder of mining

Oil prices climbed on Monday after a drone attack on U.S. forces in Jordan added to worries over supply disruption in the Middle East as Houthi rebels stepped up their attacks on vessels in the Red

Angola has selected the winners for four onshore oil and gas concessions in the Congo and Kwanza basins in its latest bid round, the country’s upstream regulator ANPG announced on Monday. On the Kwanza basin, the KON 13

Angola’s Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has handed out blocks onshore, including to Serinus Energy and Afentra. The two companies won stakes in Kwanza Basin licences. ANPG also awarded licences in the Lower

Oil prices settled on Thursday (Jan 18) after the International Energy Agency (IEA) joined producer group Opec in forecasting strong growth in global oil demand and as cold winter weather disrupted US crude output while the

Oil prices edged up on Monday as traders watched for supply disruption risks in the Middle East following strikes by U.S. and British forces to stop Houthi militia in Yemen from attacking ships in the Red

Oil prices climbed around 2% on Tuesday as the Middle East crisis and a Libyan supply outage pared the previous day’s heavy losses. Brent futures rose $1.48, or 1.9%, to $77.60 a barrel by 2:13 p.m.

Oil prices jumped in the first session of the New Year, boosted by the chances of Middle East supply disruptions after a naval clash in the Red Sea, as well as hopes of strong holiday demand

Oil prices rose in Asian trade on Monday, rising nearly 1% in early trade, supported by lower exports from Russia and as attacks by the Houthis on ships in the Red Sea raised concerns of oil

Oil prices held steady on Monday as U.S. efforts to replenish strategic reserves provided support, though concerns persist about oversupply and softer fuel demand growth next year. Brent crude futures edged up 2 cents to $75.86

Oil prices were steady on Wednesday, as investors weighed the effectiveness of an extension in OPEC+ cuts in tightening supply against a worsening demand outlook in China. Brent crude futures fell 5 cents, or 0.06%, to