Wednesday, August 17, 2022
Tags Oil Prices

Tag: Oil Prices

Business

Saudi Aramco posts unexpected Q3 profits

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Saudi Arabian state oil producer Aramco has said its third-quarter net profit more than doubled, boosted by higher crude oil prices and volumes sold,...
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Business

Saudi Aramco Q3 profits increase by whopping 18.6 billion

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The net profit for the third quarter of the year more than doubled for the Saudi Arabian state oil producer Aramco. The oil producer said...
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Business

Oil prices hit multi-year highs amidst tight supply

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Oil prices continued to extend their pre-weekend gains on Monday to hit multi-year highs. The development is down to tight global supply and strengthening...
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Business

Oil prices reverse earlier losses on China energy demand concerns

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Oil prices rose on Tuesday, recouping earlier losses, as falling temperatures in China, the world's biggest energy consumer, revived concerns about its ability to...
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Business

Oil hits 3 year high; headed towards $80/barrel

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Asian shares experienced a cautious opening on Monday as a spike in oil prices breaking a 'three-year record' triggered inflation fears. Market participants feel...
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Business

Oil prices rebound from seven day losing streak as investors snap up bargains

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Oil prices on Monday saw an increase, ending a week-long losing streak as investors punted on crude at bargain levels, though lingering fears over...
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Business

Oil steadies but set to slump for the week on Delta virus anxiety

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The oil prices are expected to see a decline of 6% as new lockdowns enforced by countries to curb the spread of COVID-19 have...
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Business

Oil prices decline as Delta variant stalls demand recovery

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The oil prices fell for a second consecutive day after the International Energy Agency (IEA) warned that demand growth for crude and its products...
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Business

Oil sees recovery after hitting three-week low amid rising COVID-19 cases

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After hitting a three-week low in the previous session, the oil prices saw an upward trend but the gains are deemed to be limited...
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Business

Oil prices drop for third day as COVID-19 variant spread to cut demand

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Oil prices fell for a third day on Wednesday on mounting concerns that the increasing spread of the Delta variant of the coronavirus in...
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