Oil fell more than 2% on Monday. New coronavirus infections hit China and the United States and extended losses over the past …
BUNKERIST
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Energy | PetroleumNews
Oil prices recorded weekly loss with virus resurrection fears
by BUNKERISTby BUNKERISTOil changed little on Friday and registered a weekly drop for the first time since April, with the increase of new coronavirus …
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Energy | PetroleumNews
Oil drops due to concern about the revival of coronavirus infections
by BUNKERISTby BUNKERISTUS coronavirus cases have increased this week, and the second wave probability for the COVID-19 outbreak has increased in the world’s largest …
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Energy | PetroleumNews
Oil prices are high despite high US inventory and demand concerns
by BUNKERISTby BUNKERISTAlthough US crude oil stocks have risen to a record high and revive a permanent anxiety due to weak demand, oil rebounded …
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With an increase in crude stocks in the US, oil fell below $ 41 on Wednesday, with more than 1% drop and …
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Energy | PetroleumNews
Oil rises as production cuts balance demand concerns
by BUNKERISTby BUNKERISTOil prices are rising due to optimism regarding the latest commitments of major oil producers to cut production. However, there is concern …
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Energy | PetroleumNews
Oil prices rise with recovery in rising fuel demand as crashes ease
by BUNKERISTby BUNKERISTHope for a rapid recovery in fuel demand and as coronavirus deadlocks were eased, oil prices rose on Tuesday, however, gains are …
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Energy | PetroleumNews
Oil prices rise with OPEC + cuts and record Chinese imports
by BUNKERISTby BUNKERISTOil rose on Monday after major producers reached an agreement on record production cuts in July, and China’s crude oil imports reached …
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Energy | PetroleumNews
OPEC and Russia extend record oil cuts to end of July
by BUNKERISTby BUNKERISTOPEC decided to extend record oil production cuts by the end of July, after Russia and its allies pulled almost 10% of …