Oil’s latest price moves and today’s key news stories driving crude’s action, as well as developments in the broader energy sector. The recent rise in the price of oil has raised the likelihood of a recession, according to market forecasts. As Warren Buffett said back in July 2008, as the price of gas went above $4, “exploding” inflation was the biggest risk to the economy. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value. The current price of WTI crude oil as of March 13, 2020 is $31.73 per barrel. Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice
The recent rise in the price of oil has raised the likelihood of a recession, according to market forecasts. As Warren Buffett said back in July 2008, as the price of gas went above $4, “exploding” inflation was the biggest risk to the economy. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value. The current price of WTI crude oil as of March 13, 2020 is $31.73 per barrel. Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice
12 Jul 2018 What are the forces behind this rise in oil prices? Could it compromise the growth of the global economy? We analyse this question below. The
3 Mar 2020 Click Here for 150+ Global Oil Prices Link Rising and falling sentiment about Coronavirus will be the framework for the rest of 2020. As of last 4 Mar 2020 Oil prices rose early on Wednesday as OPEC's leader and top producer prices and try to prevent a global glut amid depressed oil demand. Low global oil demand expectations remain strong due to COVID-19. Ovunc Kutlu | 21.02.2020. Oil prices down with rising US crude stock, coronavirus 27 Dec 2019 PETALING JAYA: Crude oil prices are on the rise ahead of 2020, This is on the back of rising global inventories and moderate global growth. rise, with oil prices reaching historic highs in early April 2005 (e.g. USD 57 in These developments highlight the continued risk to the outlook for global growth. 5 Jan 2020 Oil prices rise 3.6% on threat of retaliation for Suleimani killing a sixth of global oil production and a third of the world's liquefied natural gas.
Low global oil demand expectations remain strong due to COVID-19. Ovunc Kutlu | 21.02.2020. Oil prices down with rising US crude stock, coronavirus 27 Dec 2019 PETALING JAYA: Crude oil prices are on the rise ahead of 2020, This is on the back of rising global inventories and moderate global growth. rise, with oil prices reaching historic highs in early April 2005 (e.g. USD 57 in These developments highlight the continued risk to the outlook for global growth. 5 Jan 2020 Oil prices rise 3.6% on threat of retaliation for Suleimani killing a sixth of global oil production and a third of the world's liquefied natural gas. 6 Jan 2020 UBS expects the global oil market to be oversupplied this year because of rising production from the US and Norway, which would keep prices