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Serinus-Energy

Crude oil prices steady

Crude oil prices were steady on Tuesday as concerns about a global economic slowdown and expected build in U.S. oil inventories were offset by hopes of a fuel demand recovery

Serinus-Energy

Oil prices gain around 1%

Oil prices rose on Wednesday to their highest since early December on optimism that the lifting of China’s strict COVID-19 curbs will lead to a fuel demand recovery in the

Serinus-Energy

Oil will jump 28% in 2023, Eurasia Group says

Oil prices will spring back above $100 a barrel in 2023 as tight supply meets growing demand, the political research and consultancy firm Eurasia Group said in its list of top

Serinus-Energy

Oil prices climb as China reopens its borders

Crude oil prices began the week with gains after China reopened its borders, spurring optimism that the country was indeed coming out of its Covid-related self-isolation. This optimism pushed both Brent crude and West Texas

Serinus-Energy

Oil rebounds

Oil rebounded on Thursday after posting the biggest two-day loss for the start of a year in three decades with the shutdown of a U.S. fuel pipeline providing support, though

Serinus-Energy

Oil prices surge

The price of oil rose $1 (83 pence) on Friday in expectation of a fall in supply of Russian crude. This has helped to assuage fears of a hit to demand in the US

Serinus-Energy

Oil prices rise on expectations of higher demand

Oil prices rose on Monday amid optimism triggered by China’s reopening and the recovery of crude demand in the world’s second-largest economy. Brent, the benchmark for two thirds of the world’s

Serinus-Energy

Oil up $2/bbl on supply risks

Oil prices settled up about $2 a barrel on Monday on supply jitters, as a key pipeline supplying the United States closed and Russia threatened a production cut even as

Serinus-Energy

Oil prices rise

Oil prices edged up on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude. At