The global economy took another hit on Wednesday after U.S data revealed that inflation rose to 9.1% in the world's largest economy in the month of...
Oil prices dropped below $100 a barrel on Tuesday as global investors are worried rising COVID-10 infections in China and a stronger dollar would affect demand...
COVID-19 mass testing in China dragged on global oil prices on Monday as concerns over another phase of the virus outweighed concerns over tight supply.
Global oil prices plunged on Wednesday as concerns over demand outweighed supply concerns. Energy investors fear recession would hurt demand regardless of current supply challenges being...
JPMorgan, an American multinational investment bank and financial services, had said crude oil prices could hit $380 a barrel if the United States and European sanctions...
Global oil prices appreciated for a fourth consecutive session after it became clear OPEC and allies can not meet their production targets any time soon.
Oil prices rallied for a third day on Tuesday as major producers Saudi Arabia and the United Arab Emirates looked unlikely to be able to boost...
Global oil prices slumped on Wednesday on reports that U.S. President Joe Biden plans to slash fuel prices for drivers to ease economic hardship ahead of...
Global oil prices fell on Thursday as the United States Federal Open Market Committee (FOMC) raised interest rates by 75 basis points on inflation concerns. This...
Nigeria struggles to ramp up crude oil production in the month of May despite rising oil prices, the latest report from the Organization of the Petroleum...
