Echo Energy

Oil prices climb to two-month high

US oil prices rose sharply on Tuesday, climbing above $81 a barrel for the first time in two months. Crude closed at $81.22 a barrel, up nearly 4% on the

Echo Energy

Crude oil price keeps its positive stability

Crude oil price settles above the key support base 76.40, getting good positive support by the EMa50, waiting to resume the bullish trend that targets 79.80 as a next main

Echo Energy

Oil prices rise

Oil prices rebounded on Tuesday after a sharp fall in the previous session as investors’ appetite for risk improved, although they remained cautious amid the rapid spread of the Omicron

Echo Energy

Oil rises towards $75

Oil rose towards $75 on Thursday supported by record U.S. implied demand and falling crude stockpiles, even as the spread of the Omicron coronavirus variant threatens to put a brake

Echo Energy

Oil rises 3%

Oil prices climbed by more than 3% on Tuesday, extending the previous day’s rebound of almost 5% as concerns eased further about the impact on global fuel demand of the

Echo Energy

Oil prices extend gains

Oil prices climbed on Friday, extending gains after OPEC+ said it would review supply additions ahead of its next scheduled meeting if the Omicron variant dents demand, but prices were

Echo Energy

Oil climbs over 3% ahead of OPEC meeting

Oil prices rose more than 3% on Wednesday, recouping a big chunk of the previous session’s steep losses, as major producers prepared to discuss how to respond to the threat

Echo Energy

Oil edges higher

Oil prices edged higher on Wednesday, extending gains from the previous day, as investors remained sceptical about the effectiveness of a U.S.-led release of oil from strategic reserves and turned

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