Varga Tamas

3 results

Oil’s rise also followed news of a 24-hour strike by 40 rig workers on three oil and gas platforms in the British North Sea. Photograph: Nick Oxford/Reuters

Oil prices rose on Monday on worries over supply after tensions worsened between Iran and the United States, while some offshore workers began a 24-ho(...)

The rise in price  follows 16 months of supply cuts by Opec and Russia that have removed at least 1.8 million barrels a day from the market. Photograph: Regis Duvignau/Reuters

Oil prices climbed towards $75 (€61) a barrel on Thursday, hitting the highest level since 2014 and taking the rally over the past year to almost 50 p(...)

Brent for January fell to a low of $60.28 a barrel in Asian trade, down $1.57 and its lowest since July 2009

Brent crude oil hit a fresh five-year low close to $60 a barrel on Monday after producer group Opec restated its determination not to cut output despi(...)