CEG

Challenger Energy

Oil prices stabilise amid US inventory drop

Oil prices stabilised on Thursday after a drop in U.S. fuel inventories provided some support, following four consecutive days of decline driven by investor concerns over global demand. By 1330

Challenger Energy

Oil prices adjust amid Middle East tensions

Oil prices saw mixed movements on Tuesday as heightened concerns over the Middle East conflict and reduced output at Libya’s largest Sharara oilfield raised fears of supply constraints. The potential

Challenger Energy

Middle East tensions drive oil prices higher

Oil prices rose on Monday, recovering some of last week’s losses, due to fears of escalating conflict in the Middle East following a rocket strike in the Israeli-occupied Golan Heights.