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Stephen Innes

West Texas Intermediate futures slid 3.4% as data showing a sharp economic contraction in the world’s top oil importer outweighed growing expectations that Europe may agree to curb crude purchases from Russia. Beijing is set to close gyms and cinemas over the Labor holiday that lasts through Wednesday, and Shanghai will keep virus measures in place.
Energy

Oil price slumps as Joe Biden pushes for US fuel cost cuts

June 22, 2022
Oil prices, on Tuesday, dropped slightly to $112 a barrel as factories in Shanghai prepared to reopen after a COVID-19 shutdown.
Energy

Oil price drops to $112 a barrel as China’s Shanghai reopens factories

April 19, 2022
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.
Energy

Oil slips again as new coronavirus strain proves ‘nightmare before Christmas’

December 22, 2020
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.
Energy

Oil prices hold near multi-week lows on demand worries

September 3, 2020
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.
Energy

Oil prices fall over rising coronavirus numbers

August 4, 2020
A pedestrian walks past a stock indicator board for the Tokyo Stock Exchange being displayed in a window of a securities company in Tokyo on October 1, 2018. - Japanese shares powered to a new 27-year high on October 1 after the US and Canada clinched a long-awaited trade deal, but other Asian equity markets struggled in subdued holiday trading. (Photo by Martin BUREAU / AFP)
Markets

Asian markets rise on fresh vaccine hopes, eyes on earnings

July 13, 2020
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.
Energy

Oil prices fall, head for weekly decline

July 10, 2020
TODAY.NG Online Newspaper
Energy

US oil plunges to $10 per barrel, lowest in 21 years

April 20, 2020
Organisation of Petroleum Exporting Countries (OPEC) | Reuters
Energy

Oil prices plunge deeper as doubts grow over output cut deal

April 6, 2020
Energy

Oil plunges 25 percent as another virus-fueled trading week begins

March 9, 2020
Organisation of Petroleum Exporting Countries (OPEC) | Reuters
Energy

Oil climbs, lifted by US-China trade deal hopes, OPEC cuts

December 26, 2019
Organisation of Petroleum Exporting Countries (OPEC) | Reuters
Energy

Oil prices fall as Russia touts easing OPEC+ output

December 23, 2019
Pound Sterling
Economy

Pound drops as Boris Johnson faces battle to pass Brexit bill

October 18, 2019
Organisation of Petroleum Exporting Countries (OPEC) | Reuters
Energy

Oil rises on hopes for deeper OPEC output cuts, US-China trade talks

October 11, 2019
Energy

Oil edges higher on supply worries; eyes on trade talks

October 8, 2019
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