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Latest Media Articles

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Crude oil price slips as US plans emergency stockpile release

25 Nov @ 04:15 By Administrator

Crude oil price is likely to dip as the US is moving towards releasing 50 million barrels from its national strategic reserve.

The WTI crude reversed from its record high of $84.97 pe

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Oil price spooked by supply uncertainties seesaw

17 Nov @ 01:20 By Administrator

Crude oil prices have surged above $80 per barrel, driven by high fuel demand and a supply shortage following the global economic rebound from the Covid-19 pandemic.

Price of crude has been trading between $85.38 in October and $78 in No

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Highest US inflation surge sees gold price rise

12 Nov @ 01:25 By Administrator

Gold was this week being traded at around $1,800 to $1,885 per ounce, with this expected to rise given the highest US inflation rate in 30 years.

CNBC quoted the US Labor Department on Wednesday as saying: “Inflation across a broad

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Year-end energy needs may buoy oil price

04 Nov @ 01:35 By Administrator

There are telltale signs that crude oil prices could hold around the $80 per barrel level due to strong rising demand coupled with the OPEC+ meeting scheduled for November 4 that could further set the tone of the energy market.

Crude oil

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Crude oil price shows positive trend as global economy picks up

30 Sep @ 02:00 By Administrator

The price of crude oil hit $80 a barrel on Tuesday – the highest in three years – signalling prices may continue to rise as the global economy shows signs of recovery.

“Oil prices gained on Monday for a fifth straight d