Oil prices surged on Tuesday as concerns over potential supply disruptions after Russia’s invasion of Ukraine and related sanctions outweighing talks of a co-ordinated global crude stocks release. May Brent

Oil prices have higher to go, and they will stay there for an extended period of time, says the chief executive of Vitol, Russell Hardy. “The 100 million-barrel number is

By one measure, oil prices could rise to $150 a barrel this year, which would be the highest price ever recorded. And while the Russia-Ukraine standoff is part of the

Oil prices were steady on Monday in seesaw trading, after hitting their highest in more than seven years on fears that a possible invasion of Ukraine by Russia could trigger

Oil prices edged up on Wednesday after OPEC+ stuck to planned moderate output increases despite pressure from top consumers to raise output more quickly. Brent crude ended settling up 31

Oil prices jumped on Monday on the back of supply disruption concerns linked to the rise in geopolitical tensions in the Middle East and Eastern Europe, while demand held steady

Oil prices rose more than $1 on Tuesday to a more than seven-year high on worries about possible supply disruptions after Yemen’s Houthi group attacked the United Arab Emirates, escalating

Weekly Economic Indicators released by the Central Bank of Sri Lanka (CBSL) for 1 – 7 January 2022 show crude oil prices taking an upward trend. “During the period under

This week, the American Petroleum Institute (API) estimated the inventory draw for crude oil to be 3.670 million barrels. U.S. crude inventories have shed some 65 million barrels since the