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On Thursday, the price of the Texas oil benchmark exceeded $ 80 per barrel - for the first time since November 17. According to trading data, on January 6, the global oil prices rally accelerated to 2-3%. At 17.20 Moscow time, the …
Oil prices rose on Thursday to extend several consecutive days of gains, buoyed by data showing U.S. fuel demand holding up well despite soaring Omicron coronavirus infections. Brent crude futures rose 24 cents, or 0.3%, to $79.47 a …
The cost of a Brent oil futures contract for March 2022 delivery on the London ICE stock exchange rose by 0.2% and reached $79.1 per barrel, according to trading data as of 08:08 am Moscow time. The last time the price of Brent oil …
The price of Brent oil futures contract with March delivery on the London’s ICE reached $78.65 per barrel on Tuesday. The last time Brent was above $77 per barrel was on November 26, 2021. By 08:05 Moscow time, Brent …
Oil extended declines - falling more than 5% - hampered by the rapid spread of the omicron virus variant and turmoil for U.S. President Joe Biden’s economic plans. Futures in London tumbled below $70 a barrel, as wider …
Oil prices fell for a third day straight on Wednesday on growing expectations that supply growth will outpace demand growth next year, even though the Omicron coronavirus variant is not seen curbing mobility as sharply as earlier COVID-19 …
Oil prices climbed by about 4% on Tuesday, extending the previous day’s almost 5% rebound on easing concerns over the impact of the Omicron coronavirus variant on global fuel demand. Brent crude futures were up $2.89, or 4%, at …
Oil prices eased on Wednesday, taking a breather after gains earlier this week, as investors waited for more information on to what extent the Omicron coronavirus variant will likely hurt the global economy and fuel demand. Brent crude …
Oil prices extended gains on Tuesday from a near 5% rebound the day before as concerns about the impact of the Omicron coronavirus variant on global fuel demand eased while Iran nuclear talks stalled, delaying the return of Iranian crude. …
Oil prices climbed on Friday, extending gains after OPEC+ said it would review supply additions ahead of its next scheduled meeting if the Omicron variant dents demand, but prices were still on course for a sixth week of declines. U.S. …
Oil prices rose more than 4% on Wednesday, still struggling to recoup losses of more than 16% in November, as major producers prepared to discuss how much of a threat the new Omicron variant of the coronavirus would pose to energy demand. …
Oil prices rose more than 2% on Wednesday, recouping some of the steep losses from the previous session, as major producers prepared to discuss how to respond to the threat of a hit to fuel demand from the Omicron variant. Brent crude …
Oil prices tumbled nearly 5% on Tuesday after Moderna's chief cast doubt on the efficacy of COVID-19 vaccines against the Omicron coronavirus variant, spooking financial markets and adding to worries about oil demand. Brent crude …
Oil prices gave up gains on Tuesday, falling more than 2% along with broader financial markets, after a media report cast doubt on the efficacy of COVID-19 vaccines against the Omicron coronavirus variant. Both benchmarks tumbled more …
Oil prices rebounded on Monday as investors looked for bargains after Friday's slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the mood remained cautious with little known about the …
Oil prices recorded their steepest daily fall since July on Friday as a new COVID-19 variant spooked investors and added to concerns that a supply surplus could swell in the first quarter. Brent crude fell $4.07, or 4.9%, to $78.15 a …
U.S. oil was under pressure on Thursday, adding to an overnight plunge on a report that the U.S. was asking major oil consumers like China and Japan to consider a coordinated release of oil reserves to lower prices. The bid by the U.S. …
The Russian oil and gas company "Rosneft" expects that by the end of the first half of 2022 the world oil price could reach $120 per barrel. This was announced by Otabek Karimov, Vice President for Commerce and Logistics of the …
Oil quotations continued to decline today: for example, by 18:03 Moscow time, January Brent futures fell in price on the London ICE Futures exchange by $ 0.63 (0.76%), to $ 82.24 per barrel. December futures for WTI in electronic …
The U.S. Energy Information Administration (EIA) raised its forecast for global crude oil prices for 2021 but kept projections unchanged for 2022. In the November Short-Term Energy Outlook (STEO), the EIA revised up its Brent price …
