Weekend Risk? No Thanks… By Jeffrey Halley - Mar 10, 2022 1 Volatility continued unabated yesterday, with oil trading in a $9.0 a barrel range, almost pedestrian by recent standards. Equities ...
The OPEC+ decision to reintroduce 2.2 million barrels per day (mbpd) of oil over next two years was "cautiously expected," yet still notable, as it represents 38% of the 5.9 mbpd in cumulative cuts ...
Asia Pacific equities were mostly lower, with China and India bucking the trend. Europe’s Stoxx 600 was steady with no follow through selling after yesterday's reversal. US index futures were ...
THE price of Nigeria’s Bonny Light crude oil fell by 10.6 per cent to $73.53 per barrel from $84.02 per barrel on January 15th, fuelling fears over achievement of the Federal Government’s ...
has maintained its 2025 forecast for Brent crude at an average of US$76 per barrel (bbl), slightly lower than the average of US$80/bbl in 2024. In its oil price outlook report released today ...
Global oil prices, on Tuesday, tanked to about $70 per barrel for the first time since October 2024. Brent crude declined by 1.2 percent to $70.76 a barrel while US West Texas Intermediate (WTI ...
Those rising cash returns could help give ConocoPhillips the fuel to produce strong total returns for its investors this year if oil continues to hover around $70 a barrel. Sending back 70% of its ...
WTI crude oil falls below $70 a barrel. This comes amid rising fears of slowing growth in China and the US following underwhelming data. With OPEC+ planning to ease production restrictions, the ...