Global oil prices strongest run have gained more than 16% since late June. Moreover, it is heading for their fifth-straight week of gains. It is the longest rally since before Russia’s full-scale invasion of Ukraine upended energy markets. The price of Brent crude, the global benchmark, ticked down 0.1% to $84 a barrel in Friday. […]
https://www.rangerminerals.com/wp-content/uploads/2023/08/ScreenHunter-2895.png497868Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-08-03 08:00:132023-09-28 07:59:36Why Oil Prices Strongest Run Since Before Russia Invaded Ukraine
Oil prices were steady on Friday but on track for a fifth straight week of gains. This is with investors optimistic healthy demand and supply cuts will keep prices buoyant. Risk appetite in wider financial markets has been fuelled by growing expectations. The expectation is that central banks are nearing the end of policy tightening […]
https://www.rangerminerals.com/wp-content/uploads/2023/07/oil-trackcnbc.jpeg523929Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-07-29 08:00:062023-09-28 08:00:03Oil on Track for Fifth Week of Gains
Oil prices have been slowly but surely edging higher in July as rising optimism around Chinese demand combines with supply concerns to boost bullish sentiment. Oil bulls are optimistic now? Chinese authorities have reformed natural gas pricing in the country, linking retail residential gas prices to distributors’ purchasing costs to avoid squeezing the margin of […]
https://www.rangerminerals.com/wp-content/uploads/2023/07/2023-07-25_84nb3kxtts.jpg300718Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-07-27 08:00:272023-09-28 08:00:48Oil Bulls Are Cautiously Optimistic As Brent Holds Above $82
Why Oil Prices Strongest Run Since Before Russia Invaded Ukraine
IndustryGlobal oil prices strongest run have gained more than 16% since late June. Moreover, it is heading for their fifth-straight week of gains. It is the longest rally since before Russia’s full-scale invasion of Ukraine upended energy markets. The price of Brent crude, the global benchmark, ticked down 0.1% to $84 a barrel in Friday. […]
Oil on Track for Fifth Week of Gains
IndustryOil prices were steady on Friday but on track for a fifth straight week of gains. This is with investors optimistic healthy demand and supply cuts will keep prices buoyant. Risk appetite in wider financial markets has been fuelled by growing expectations. The expectation is that central banks are nearing the end of policy tightening […]
Oil Bulls Are Cautiously Optimistic As Brent Holds Above $82
IndustryOil prices have been slowly but surely edging higher in July as rising optimism around Chinese demand combines with supply concerns to boost bullish sentiment. Oil bulls are optimistic now? Chinese authorities have reformed natural gas pricing in the country, linking retail residential gas prices to distributors’ purchasing costs to avoid squeezing the margin of […]