Post Tagged with: "oil prices jump"

Source: Oil Price

Oil prices jump as market eyes another possible OPEC+ cut

Oil Price


Crude oil prices jumped on Tuesday ahead of the next OPEC+ meeting as the group dispelled earlier rumors that it could agree to increase crude oil production at its next meeting.

 

The cost of Brent crude rose …

Source: CNBC

Oil prices jump 8% as Russia invades Ukraine; Brent tops $100 for first time since 2014

CNBC


Oil prices on Thursday jumped following Russia’s invasion of Ukraine, with international benchmark Brent crude surpassing $100 a barrel for the first time since 2014.

The attack is expected to have far-reaching implications for energy markets given Russia’s role …

Source: Reuters

U.S. shale industry tempers output even as oil price jumps

Reuters


Even with oil prices surging toward $75 a barrel, U.S. shale producers are keeping their pledges to hold the line on spending and keep output flat, a departure from previous boom cycles.

This year’s run up in crude prices, …

Source: Reuters

Oil prices head for 10% weekly jump on North America, Norway outages

Reuters


LONDON – Oil prices fell on Friday, erasing an earlier rise but still leaving both benchmarks on track for their biggest weekly gains since early June on the back of supply cuts caused by a storm in the Gulf …