An abundance of fossil fuels combined with advances in technology to harness wind and solar power has sent energy prices crashing. (Originally published July 21, 2020) Oil prices are expected Continue Reading
The trajectories of the ICE Brent futures and NYMEX crude futures were in opposite directions during the mid-morning trade in Asia Nov. 27, as the latter underwent a price correction, Continue Reading
Brent oil edged lower — but was on track for a fourth weekly gain — amid signs of division among OPEC+ members just days before a key policy meeting on Continue Reading
Oil prices dipped on Thanksgiving Thursday, slipping from seven-month highs as Baker Hughes reported another increase in the number of available rigs The price rally of the last few days Continue Reading
Oil fell from an eight-month high as the dollar recovered, while disparities in demand set the stage for OPEC+’s key policy meeting next week. Futures in New York dropped 1.6%, Continue Reading
Oil closed at an eight-month high amid a weakening dollar and optimism surrounding a surprise decline in U.S. crude supplies and recent breakthroughs on a Covid-19 vaccine. Futures in New Continue Reading
Brent crude could hit $60 a barrel by next summer as travel restrictions get eased, Bank of America said, citing growing optimism around Covid-19 vaccines. The easing of restrictions will Continue Reading
An abundance of fossil fuels combined with advances in technology to harness wind and solar power has sent energy prices crashing around the world. WSJ explains how it all happened Continue Reading
The average retail price for gasoline in the US on Nov. 23 was $2.10/gal, lowest for the first day of the week before Thanksgiving since 2015, according to the US Continue Reading
Crude oil futures rose during the mid-morning trade in Asia Nov. 25, extending overnight gains, as vaccine-related enthusiasm and easing political uncertainty in the US cushioned the impact of bearish Continue Reading
