Oil Market

  • Commodity News

Release of reserves oil pressures the current oil prices

On Monday, oil prices rose from seven-week lows. However, they remained under pressure after Japan announced it was considering releasing…

2 years ago
  • Commodity News

After years of sections, Iran is talking oil exports

 Many sanctions were imposed on Iran and its export of oil during the Trump administration. Later on, Mike Pompeo, then…

3 years ago
  • Commodity News

Shortage in supply of oil drove the price high

The oil prices have settled near $85 per barrel on Tuesday. This price is close to a multi-year high. It…

3 years ago
  • Commodity News

Oil Steady, Gold Rises

The ongoing oil sell-off in Asia yesterday met a brick wall and dramatically reversed when Europe entered office. Oil received…

3 years ago
  • Commodity News

Goldman Sachs – Oil Prices Could Reach $100 a Barrel

Goldman Sachs predicts that oil prices could reach $100 a barrel by the end of the year. Many consumers are…

3 years ago
  • Commodity News

Gas Crises May Worsen – OPEC

Mohammad Sanusi Barkindo, Secretary-General of the Organization of Petroleum Exporting Countries, cautioned Tuesday that a lack of gas supply could…

3 years ago
  • Commodity News

The Oil Price Rally of 2021 Is Far from Over

Even though oil prices have recently reached their highest levels in several years, they still can soar further this winter.…

3 years ago
  • Commodity News

Oil Holds Near $80, Gold remains Stable

After a four-day rise, oil prices remained above $80 per barrel as traders assessed the implications of a global energy…

3 years ago

This website uses cookies.