Echo Energy plc

Oil extends gains on higher gasoline demand

Oil prices continued to climb on Tuesday with investors expecting a tighter market led by a seasonal rise in gasoline demand and supply cuts from OPEC+ producers, though concerns over the risk of a U.S.

Echo Energy plc

Oil prices rise on Canada wildfires

Crude oil prices were on the rise on Monday as the market continued to fear a tightening of crude supplies on Canadian wildfires. Crude oil prices were trading up 1.5% on

Echo Energy plc

Oil edges up after three-day plunge

Oil prices rose on Thursday but were unable to claw back much of this week’s more than 8% decline as demand concerns in major consuming countries continued to weigh. Brent

Echo Energy plc

Oil prices rebound

Crude oil futures were trending higher as hopes of a demand-led recovery seemed to win over growing concerns regarding the health of the global economy, particularly in key economies in the U.S.

Echo Energy plc

Oil prices firm today

Oil prices firmed slightly early on Tuesday, after falling 2% in the previous session, as stronger economic data from the world’s largest crude importer China underpinned demand outlook. Brent crude

Echo Energy plc

Oil rises on China stimulus expectations

Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude stockpiles. Brent crude futures

Echo Energy plc

Oil markets steady as investors weigh banking crisis

Oil prices stabilised in Asian trade on Monday as investors sought cues from broader financial markets, while comments by Russian President Vladimir Putin over the weekend ratcheted up geopolitical tensions in

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