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Serinus-Energy

Oil prices steady amid China demand revival

Oil prices were broadly steady on Thursday as the prospect of higher fuel demand in China as it reopens post-COVID curbs was offset by fears that U.S. crude stocks hitting their highest

Serinus-Energy

Oil prices edge up

Oil prices inched up on Monday after falling 8% last week to more than three-week lows as concerns that slower growth in major economies may limit fuel consumption outweighed signs

Serinus-Energy

Oil rises as US recession fears ease

Oil prices climbed on Wednesday underpinned by a weaker dollar, which fell on signs of slowing inflation in the United States, easing fears that the world’s largest oil user may face a recession

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