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Oil Price - Oil price hits seven-year high after Abu Dhabi attack
The oil price hit a seven-year high after Houthi rebels in Yemen staged a drone attack on an oil storage site in Abu Dhabi.
USD/CAD rises past 1.2500 on softer oil prices ahead of Canada Retail Sales
USD/CAD extends previous day’s rebound, refreshes intraday high. Oil prices drop for the second day amid sour sentiment, recently broke key support. Downbeat Canadian data, pre-Fed anxiety adds to the ...
Baker Hughes posts Q4 profit as higher oil prices spur drilling demand
Shares of Baker Hughes rose sharply on Thursday after the company reported an adjusted quarterly profit and topped analysts' earnings expectations as higher crude oil and natural gas prices fuel ...
Crude Oil Price Forecast: Bullish Momentum Remains Strong – Next Target?
Crude oil prices have tagged a seven-year high and still appear to have more upside ahead. There hasn’t been a close below the daily 8-EMA since December 20, ...
Oil: Market rally drums up hopes of $100 prices amid tightening supplies and international tensions
Rebounding demand, tightening supplies and geopolitical tensions could power oil prices above $100 per barrel for the first time in eight years.