Category: Prices

Recent data from the World Trade Organization shows global trade growth stagnating, a sign that the world may be moving into a recession. The slowdown in global maritime trade growth Continue Reading

The U.S. Energy Information Administration has released its latest short term energy outlook. The U.S. Energy Information Administration (EIA) has released its latest short term energy outlook (STEO), which offers Continue Reading

Oil steadied after slumping Wednesday with investors assessing global demand as China pushes on with its Covid Zero policy and central banks tighten monetary policy to fight inflation. West Texas Continue Reading

Oil prices fell on Thursday, extending sharp losses from the previous session, as China’s extension of lockdown measures to curb the COVID-19 spread exacerbated concerns that a slowdown in economic Continue Reading

Oil prices rose on Wednesday on threats that Russia will walk away from its energy supply contracts, reversing losses from earlier in the session when prices fell to their lowest Continue Reading

Oil erased a decline after Russian President Vladimir Putin underlined that his country won’t supply oil and fuel if price caps on the country’s exports are introduced. West Texas Intermediate Continue Reading

 prices rose on Wednesday on threats that Russia will walk away from its energy supply contracts, reversing losses from earlier in the session when prices fell to their lowest since Continue Reading

Oil fell on Tuesday after a two-day rally as concern returned about weaker demand and the prospect of more interest rate hikes, trumping support from OPEC+’s first output target cut Continue Reading