Oil prices rose on Thursday after the drop in US crude oil stocks, but Brent crude oil is still below $ 30 …
BUNKERIST
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OPEC’s de facto leader, while Saudi Arabia, said it would increase supply cuts in June, oil prices rose on Tuesday. Other members …
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Oil futures rose on Tuesday, and were backed by Saudi Arabia’s commitment to deepen production cuts in June to help exhaust the …
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Energy | PetroleumNews
Oil prices drop with oversupply glut and second wave of virus
by BUNKERISTby BUNKERISTOil prices fell more than 1% on Monday due to the permanent abundance of products and the economic inconveniences caused by the …
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Energy | PetroleumNews
Petrol rises 5% with hopes production cuts will increase demand
by BUNKERISTby BUNKERISTAs more countries joined reducing the production along with the big oil producers and eased deadlocks aimed at stopping the coronavirus pandemic, …
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Gained oil prices on Friday increased the hopes that the demand for crude oil and its products will begin to increase as …
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Energy | PetroleumNews
Oil is upward with Chinese export data, but long-term outlook is weak
by BUNKERISTby BUNKERISTOil prices rose on Thursday, as China’s exports rose unexpectedly last month, and the US production cuts, plus some European activities were …
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Energy | PetroleumNews
Increasing oil prices soften, overall outlook is weak
by BUNKERISTby BUNKERISTThe industry struggled with global crude oil surplus and sharp coronavirus-driven decline in demand, while oil prices softened on Thursday. According to …
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Texas energy regulators said on Tuesday that they will not enforce oil production cuts and they were ending the one-month debate over …
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Energy | PetroleumNews
The outlook for oil is second half of the year and next year is bright
by BUNKERISTby BUNKERISTStarting by this week, as many countries are gradually getting rid of the virus and a recovery in oil demand is expected …