Tag: oil prices

• Friday, December 28th 2018 - 08:55 UTC

  Oil prices remain under pressure from US stockpiles and concerns with the global economy

  

  Oil prices jumped as much as 3% on Friday to win back a chunk of the ground they lost in the previous session, but growth in U.S. crude stockpiles and ongoing concerns about the global economy kept markets under pressure.

• Thursday, December 20th 2018 - 08:38 UTC

  What’s Behind The Crash In Crude?

  

  Oil prices crashed to new one-year lows on Tuesday, dragged down by a deepening sense of global economic gloom as well as fears of oversupply in the oil market itself.

• Thursday, May 17th 2018 - 18:02 UTC

  IEA: High Oil Prices “Taking A Toll” On Demand

  

  Geopolitics has taken over the oil market, driving oil prices up to three-year highs. The inventory surplus has vanished, and more outages could push oil prices up even higher. Yet, there are some signs that demand is starting to take a hit as oil closes in on $80 per barrel.