Joe Biden Quietly Calls on US Oil Companies to Boost Production
In a hail Mary attempt to somehow slow down the skyrocketing increase in oil prices, the Biden administration decided to
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Crude OIl
Crude Prices Surge to $110; Natural Gas Price Hits Record-High
It’s been another wild day for commodity markets, as broadening Western sanctions over Russia’s invasion of Ukraine spark fears of
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OPEC Maintains Small Output Increase Despite Strong Demand, Rising Prices
Global crude markets are about to get a paltry boost in additional oil output, after OPEC and its allies agreed
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OPEC Crude Production Falls Short of Output Deal as Pumps Brace for Fuel Price Hikes
OPEC’s output fell short of projections last month, as a number of the cartel’s smaller members suffered outages, further fuelling
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Crude Oil Prices on the Decline After China Releases Fuel Reserves to Boost Domestic Supply
Crude oil prices briefly receded from their multi-year highs on Monday, after China’s government released fuel reserves in an effort
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Oil Prices Soar Above $85 as OPEC Continues to Restrict Global Supply
The price of oil soared to $85 per barrel on Monday, as OPEC members continue to restrict supply despite growing
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Crude Oil Soars to Highest Since 2014 as OPEC Maintains Existing Output Increase
Crude prices soared to a 7-year high on Monday, after OPEC agreed to maintain a planned supply boost as demand
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Oil Prices Jump Past $80 for the First Time Since 2018
Just as energy prices sharply soar to record-highs across global markets, crude prices have jumped above $80 per barrel, in
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Crude Oil on the Rise Amid Weakening US Dollar
Global crude prices are on the rise once again, as equities markets gain momentum and the US dollar weakens. On
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