Oil prices in 2023 With the oil price rally that we saw on Monday being dubbed as one of the shortest of its kind,… Read More »Oil price: have the production cuts placed OPEC+ under severe strain?

Oil price – April 6 The price of crude oil, despite going up by almost 6% on Monday morning, thanks to the abrupt production cuts… Read More »OPEC+ production cuts failed to excite the oil markets

The price of crude oil continues to fall as the increased demand from China did not buckle the trend, something that was anticipated by a… Read More »Oil price keeps falling as the influence of Chinese spark on the wane!

  https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjNN0uA2OaBQY4_3sbM8xqVSCJNwhebeiNrggcclhb5ESnN0TUv-MF30HHUGB5gq5KYeTJEu6_lArfDci12Vcds-2SgBoPCvoWjpsh1L832nx4-NC223XqWSsSG-m4lbH9fx_7ozQ3XcMlXtRanwTldMRebvbzWmAkxVtU5O8xJ5kqj2ncxVsAeLY6A/s626/europe-gas-prices.PNG” style=”margin-left: 1em; margin-right: 1em;”> European gas prices that have been steadily rising in the last two weeks played a definite role in stopping… Read More »Oil price: mild European temperatures keep the price of fossil fuels low

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiypQpPej9gxkip0Nhy05x_xtogx57bfmCLBUw4ZMbX9rtskHOL4kVGUdH6PdF7-qiiVus1kIjTlzECcssSXoM2GJTmtXMGCuBR1C1PgXlACy1OXyO4k_SwKqzRhSC4QXdx69gEYbfAhfXnRIckfovWCRDpgSrm2j4ZzPLZK-pWMfgFOoM_nNthB-VL/s561/falling-oil-prices.gif” style=”margin-left: 1em; margin-right: 1em;”> Apart from incurring the wrath of the US, the OPEC+ does not seem to have achieved any substantial financial benefit… Read More »Boosting oil prices: what will be the next move by the OPEC+?

  https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiAcsI1HrrwK0aDP3lZTeCdF15P0RKBPBC4PpVqZ0HPNI21IUdxIU2xRTCs2R6Akac_aNR2I3PKx1aNswat9V6HIT4AKaL13ATRIGD-Xq4gHIJoLOS7xv0FTeVOtZ6B2wTkGxSeCpeHwWaVhETm66cRoLsTImzi7GAITK7Wiw7Pb5jhWcs4FPfCK_Ct/s600/opec-oil-production-20-22.gif” imageanchor=”1″ style=”margin-left: 1em; margin-right: 1em;”> The price of crude oil has been rising in the markets on Wednesday in anticipation of a production… Read More »OPEC+ Meeting: oil price rises as production is cut by 1.1 million barrels

  https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhkRvHEGIIhXVeVubpfQiidE9TNiz8pIlS4-WoEe_qB1Eh5BvR0br6-NilwmZUOkGmQS8uPOq14f4eX8HSxjXRsqmeIdqYH6h-aRybaEmKaLwIpuZyVn4IQRgsQel956pS3ptCye1LuStHkFTYetHbIDBUcY0jagFFs4QfvGuQiVqQFECtLFyr1vbcw/s600/oil-price-saga-2022.gif” style=”margin-left: 1em; margin-right: 1em;”> The price of crude oil has been falling substantially since the markets opened on Thursday morning, as the wider… Read More »Oil price: wild oscillation continues between $80 and $100 a barrel

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhrV0xF8d-AMi0YJqm2Fxo1TTN-q4ulFWfLTcKmCOn6ucwVEIgP-tyylW-cS39SzhCCsbvTmBmw4h2H7lzTRbsBdpJ38z0FniaXlFJqRJn6vaAlZ5Pol-6iZjlpzQJJQp1_PGYWTab7LBntuNr1YaZfCVO_wCJ5O2tgrib-07KFDhDO1qQ7upawRoNT/s600/oil-and-gas-prices.gif” imageanchor=”1″ style=”margin-left: 1em; margin-right: 1em;”> The price of crude oil that is currently at the mercy of the combination of high gas prices, never-ending… Read More »High gas prices offer metaphorical parachute to the falling oil prices

  https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiGRNHPXOfrqPAJbgMtjjbNQKk6Dp_FJvD7f7-X0GepbupM56bTOBvmq4TFz_klDcpewqUZsKKFjhPh5Jd3_9zxWPwyj-jRIq05EKGq0mRNvnlzLwAvZwJfC-ViSVTFpPsTDY6byOgHcqjaUX1fIl13NdtkLfZa6ow6iyv3jP0A314YWE1PJ-qiLMPP/s606/wti-oil-price-2022.gif” style=”margin-left: 1em; margin-right: 1em;”> The price of crude oil that fell below $90 for the first time in months, struggles to recover the… Read More »Oil Price: it’s clear that demand has suffered as feared!