Tag: oil prices

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Oil Prices Slump – Await Inflation Data & CPI for Next Direction

Oil prices edged lower on Wednesday as investors await a priority report on inflation. This is coming after industry data showed a spike in...

Oil Rallies for Two Consecutive Days On Supply Tightening Measures

Oil prices have continued to rally with a bang, starting Tuesday, amid increasing worries about Europe’s supply tightening measures, a response to Russia’s decision...

Oil Prices Edged Higher Amid Slightly Weakening Dollar

Oil prices pushed higher on Monday amid a weakening dollar and tight supplies, offsetting recession fears. Also, concerns over Covid-19 lockdowns in China reducing...