Government, Business, Fuel

Oil Hits Seven-Year High as IEA Turns Bullish on Outlook

Oil climbed to the highest mark since October 2014 as the International Energy Agency said the market looked tighter than previously thought, with demand proving resilient to omicron.

January 19, 2022
Business, Fuel

Oil Rallies With Strong Jobs Data Adding to OPEC+ Cut Optimism

Oil headed for a sixth weekly gain after OPEC+ reached a tentative agreement to prolong its record production cuts and U.S. jobs data was better than expected.

June 5, 2020
Business, Fuel

Oil Rallies for Fourth Day as Virus Fears Show Signs of Easing

Oil gained for a fourth session, the longest rising streak this year, amid signs that the worst impacts of the coronavirus outbreak may be easing.

February 14, 2020