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Oil Price - Teji Mandi Explains: OPEC’s rigidity could hike crude oil prices
It said it will steadily increase oil output. This is devastating for half of the world including India, as fuel prices will continue to climb if they don’t hike oil output. Let’s read more! OPEC had ...
Oil prices rise over $71 following Saudi price hike and omicron optimism
Oil prices were up Monday to over $71 a barrel following an announcement that Saudi Arabia would increase the price of crude, signalling confidence in demand despite the spread of the omicron variant ...
Oil prices rebound by more than $1 after Saudi Arabia raises prices for Asia, US
Oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its crude sold to Asia and the United States, and as ...
Oil Gains After Saudi Price Hike Indicates Confidence in Demand
Oil rose after Saudi Arabia boosted the prices of its crude, signaling confidence in the demand outlook despite the spread of the omicron variant of the coronavirus.Most Read from BloombergThe Hot New ...
Upbeat news about Omicron pushes oil prices higher
Brent has risen 38% in 2021, supported by output curbs led by Opec+, and recovering demand, although it has fallen from a three-year high above $86 in October ...