Tag: International benchmark Brent crude
Oil prices hit 3 month highs during week ending June 10
World (The Times Groupe)- Oil prices hit three month highs for the week ending June 10, driven by rising fuel demand in the US with the start of the travel season and an increase in China following COVID19 restrictions.
Oil down over demand woes as China goes under fresh lockdowns
World (The Times Groupe)- Oil prices declined on Friday as a result of China's new zero-COVID policy, with both benchmarks still at 3-month highs.
Oil prices drop after OPEC+ decision to raise July production
Vienna (The Times Groupe)- Oil prices fell on Friday as OPEC+ countries agreed to increase July production by 648,000 barrels per day (bpd).