Tag
#oil
4 articles
$ 100 Oil
A near-continuous surge in oil prices has driven benchmark Brent crude close to the $100 per barrel mark, presenting a fresh challenge for central banks as they grapple with rising inflation.
23 Sept 2023
Oil Price Are Under Pressure
Goldman Sachs analysts have made a significant downward revision to their oil price forecast, citing increasing supply and sluggish demand for crude.
18 Jun 2023
Aramco's Profits Fall
On Tuesday, Aramco, the state-owned oil company of Saudi Arabia, reported a 19% decrease in first-quarter earnings, with a net income of $31.9 billion compared to $39.5 billion the previous year, due to the decline in oil prices.
11 May 2023
Oil Prices Fall On Recession Fears
Oil prices dropped by about 8% over the last two days and experienced their third consecutive monthly dip, indicating that anxieties about the recession are taking precedence over worries about the declining availability of petroleum at home and abroad.
02 Sept 2022
