On Thursday, oil prices increased as supply concerns led to a recovery from multi-month lows reached the previous day as a result of sluggish gasoline demand indicated by US statistics.
West… Read More
(Calgary) Crude oil prices fell to a 10-month low on Monday morning before rebounding midday, adding to the volatility that has plagued Canada’s energy sector recently.
The benchmar… Read More
By Chris Prentice and Marc Jones
WASHINGTON/LONDON (Reuters) -World and European shares turned higher on Friday as Wall Street extended gains amid hopes of a slowdown in some centr… Read More
The countries spend more of their foreign exchange on the importation of oil, thus negatively affecting other sectors of their economiesThere has been increasing cost of transport causing a… Read More
Analysts predict that even if the Group of Seven agrees to a price limit of $65 or $70 a barrel for Russian oil, it won’t significantly affect Moscow’s oil revenues.
According… Read More
Crude oil prices rose on Friday amid low market liquidity, ending a week marked by concerns about Chinese demand and the debate over a Western price cap for the oil. russian oil.At 10:24 GMT… Read More