Echo Energy

Oil extends gains

Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite among investors as lower crude inventories and a rebound in

Echo Energy

Oil prices climb in Asia trading

Oil prices climbed in Asia trading on Friday, rebounding from previous declines amid supply tightness and geopolitical tensions, even though weakened demand in the US has cast a shadow on

Echo Energy

Oil prices rise

Oil prices were rising on Monday as US president Joe Biden failed to get an agreement with Opec to raise output, exacerbating concerns about tight supply. The front-month contract for

Echo Energy

Oil edges higher

Oil edged up on Wednesday, a day after settling below $100 a barrel for the first time since April, and gains were limited by a U.S. supply report showing rising

Echo Energy

Oil likely to hit $200

Oil prices are likely to soar past $200 per barrel if G7 manages to cap the price of Russian crude oil, according to chief commodities analyst at Swedish bank SEB

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