Oil prices stay on positive track on Friday, heading towards weekly gain as uncertainties in the global commodities market persist. This week, the crude oil complex...
Crude oil prices gained amid falling inventories and an uncertain economic backdrop, ANZ Bank said in a Friday note. Brent crude rose 0.3% to US$83.55 per...
Oil prices surged as much as 8% at the open after OPEC+ announced it was slashing output by 1.16 million barrels per day. Brent crude futures...
Oil prices rose on Monday following an agreement by the G7 group of nations and its allies to cap the price of Russian oil at $60...
The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 951,000 barrels for the week ending October 2. Analysts had predicted...
The African Energy Chamber analyses the most vulnerable African countries amid the Covid-19 pandemic and low oil price. Angola revises national budget and suspends CAPEX; Senegal’s...
Oil prices surged after two attacks on Saudi Arabian facilities on Saturday knocked out more than 5% of global supply. Brent crude jumped 10% to $66.28...