Crude prices have risen as the EU considers oil sanctions on Russia. Hopes that China may relax Covid-19 restrictions also lent support to prices. As a result, the price of Brent crude rose by 1.7% to $119.43 a barrel on Friday.
read more... 30/05/2022
Concerns over a potential EU ban on Russian petroleum exports lent support to crude prices. Thus, Brent crude increased by 3.8% to $111.55 a barrel on Friday.
read more... 16/05/2022
Oil prices varied on Friday, on worries about weak economic growth in China, the world's top oil importer as well as fears of potential supply in case of a potential European Union ban on Russian crude.
read more... 02/05/2022
Oil prices changed slightly on Wednesday as concerns about economic growth and oil demand stagnation persist. Consequently, Brent crude edged 0.4% lower at $106.80 a barrel. U. S. WTI Crude edged 0.3% lower at $102.19 a barrel.
read more... 21/04/2022
Crude oil prices edged lower on Friday, as encouraging economic indicators from the United States and China were offset by coronavirus concerns. As such, Brent oil slipped by 0.3% to $66.77 a barrel, and WTI crude lost 0.5% to close at $63.13 a barrel.
read more... 19/04/2021