Oil news Page 5

A picture of a gas pipe tied in a knot
Business news: Russia/Ukraine tensions, new UK Covid rules

Oil prices fall as investors worry about Russia invading the Ukraine

Jenny McCall
Energy grid in the sunset
Oil prices continue rebound while gas trims losses

Gas prices are expected to remain volatile in the short term before a drop in the new year

Jenal Mehta
Offshore oil platform
Oil rebounds from Omicron chaos, US natural gas remains lower

Natural gas prices extend declines while oil recovers.

Jenal Mehta
A BMW i8 Roadster electric vehicle
Business news: November boost for UK retail and housing

Bitcoin and Ethereum rise higher in afternoon trade and BMW increases sales targets

Jenny McCall
Banknotes of different currencies
Risky currencies rebound as Omicron fears fade

High-beta and commodity-related currencies strengthened amid encouraging early data on Omicron and China's policy easing

Piero Cingari
Oil derricks at sunset
Oil prices maintain rally as Omicron concerns ease

Turbulence exacerbated by profit taking as speculators look to re-enter at cheaper levels

Neil Dennis

A graph of the oil price
Oil price analysis: will WTI break below $65 again?

Oil prices have been hit by the discovery of the Omicron variant. What next for crude?

Piero Cingari
A picture of a money bag with the word GDP and down arrow
Business news: Santa Rally coming to town, oil gains

Asian tech stocks hit and oil gains after losing ground last week

Jenny McCall
Men fixing gas pipes
Saudi increases cost of oil to US and Asia

Oil price set to increase, while demand for gas declines due to warmer weather in US

Jenal Mehta
Offshore oil rig
Oil prices rally as fears over Omicron severity ease

Gains supported by news that Saudi Arabia increases its official selling prices for January

Neil Dennis
Oil pipe line valve in front of the barrels with OPEC symbol
OPEC to go ahead with planned supply increases

Oil prices moves higher on decision

Jenal Mehta
Job interview candidates in business attire
US non-farm payrolls rose by 210,000 in November

This key figure fell short of market expectations of 450,000 new jobs

Joyanta Acharjee
A picture of the London Stock Exchange Group in financial district on May 14, 2016 in London, UK
Business news: Eurozone/UK service sectors show growth

London’s stock markets losing their appeal and UK and eurozone report service data.

Jenny McCall
Crude oil storage tanks in a refinery complex
Oil futures extend gains after OPEC+ output hike decision

Price direction in near-term will come from governments' respond to Omicron

Fitri Wulandari
Oil barrels and spilt oil
OPEC+ members approve production increase for January

Move could relieve pressure on oil dependent nations

Daniel Tyson

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