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Oil prices fall on demand worries

Stock photo of an offshore oil rig“Without natural capital accountability GDP growth is meaningless’ Oil prices fell over one per cent on Thursday amid persistent demand worries as Europe faces

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BREAKING: Oil prices leap to $64.59 per barrel as market reacts to Saudi Arabia’s drone attack

By Udeme Akpan   THE prices of oil, Friday, rose to an average of $64.59 per barrel as the global market started to react to the latest drone attack on

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Oil prices surge, stocks mixed as inflation worries mount

Oil prices surged Monday and stock markets traded mixed as investors weighed worries over high inflation against the reopening of virus-hit economies. After Asian indices closed mostly lower, with sharp

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Analysts Project $100 Supercycle for Oil Post-pandemic

A steady rise in oil prices since late last year could presage a new ‘supercycle’ in oil as the world economy recovers from the pandemic, the Financial Times has reported.