Echo Energy

Oil gains on rosier outlook for global economy

Oil prices rose for the third session on Tuesday as the passage of a U.S. infrastructure bill, Chinese exports and the global post-pandemic recovery lifted the outlook for fuel demand.

Echo Energy

Oil prices soar

Petroleum futures and options saw another influx of hedge fund inflows last week as renewed bullishness about output restrictions overcame concerns about the already-high level of prices. Hedge funds and

Echo Energy

Oil remains near multi-year highs

Oil futures rose on Tuesday and were near multi-year highs as an energy supply crunch continued across the globe, while falling temperatures in China revived concerns over whether the world’s

Echo Energy

Oil price rally expected to continue

Another rally in crude oil prices could be in store this week given the contagion effect of global natural gas shortages that are pushing energy users and speculators buy up

Echo Energy

Crude oil price rises strongly

Crude oil price’s rise stopped at 78.35, to show temporary negative trades, noticing that the price completed forming bullish flag pattern that appears on the minor image, as it breached

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