Oil Price Archives - Panorama Insurance Brokers

Oil near one-week high

(Reuters) Oil prices slipped on Tuesday but were near one-week highs after jumping more than 3% the previous session as investors tempered expectations of an early return of oil exporter Iran to international crude markets. Brent crude futures were down 30 cents, or 0.4%, at $68.16 a barrel by 1004 GMT, having jumped 3% on… Read More

Guyana could soon rake in US$80M for each oil lift as Goldman projects biggest jump in global demand

American multinational investment bank and financial services company Goldman Sachs is forecasting an unprecedented jump in global oil demand over the next six months that would see Brent crude prices hitting the $80 mark by the third quarter of this year. Bloomberg reported on Wednesday that oil rose to the highest in a one-day period… Read More