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Tag: U.S. West Texas Intermediate


Energy, Industries

Oil gains on tight supply as U.S. driving season looms

May 23, 2022

Via: Investing.com

Oil prices rose slightly on Monday, supported by U.S. fuel demand, tight supply and a lack of progress towards a European ban on Russian oil, as Shanghai prepares to reopen after a two-month coronavirus lockdown that fuelled economic growth fears. […]


Energy, Industries

Crude jumps on global energy crunch; U.S. oil at 7-year high

October 11, 2021

Via: Investing.com

Oil prices rose more than $2 on Monday, extending gains as an energy crisis grips major economies amid a pick-up in economic activity and restrained supplies from major producers. Brent crude was up $2.17, or 2.6%, at $84.56 a barrel […]


Energy, Industries

Oil prices snap 7-day losing streak as investors hunt for bargains

August 23, 2021

Via: Investing.com

Oil prices jumped 3% on Monday, recovering from a seven-day losing streak, with gains driven by a weaker dollar despite demand concerns stoked by rising cases of the Delta coronavirus variant. Brent crude climbed $2.15, or 3.2%, to $67.33 a […]