Although oil prices reached a three-year peak above $86 per barrel on Thursday, it was driven by tight supply as well as a global energy crunch. However, prices fell as
Due to supply shortage forecasts, oil prices reach a three-year high
Oil prices reached a three-year high of $85 per barrel on Friday. This was boosted by the forecast of a shortage in the coming months due to the ease of
Crude rises to multi-year highs due to global energy crunch
Oil prices rose by around 2% Monday. This is a result of an energy crisis that grips major economies. It was accompanied by a pickup in economic activity, and restrained