Oil prices eased on Thursday as the market expected a rapid recovery for production platforms after hurricane Laura that hit the Gulf …
BUNKERIST
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Energy | PetroleumNews
Oil prices remain stable despite Hurricane Laura accelerates
by BUNKERISTby BUNKERISTOil prices remain stable on Thursday as the hurricane in the Gulf of Mexico affected the US oil industry, forcing oil rigs …
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US producers stopped most offshore production in the Gulf of Mexico before Hurricane Laura. Rising coronavirus cases in Asia and Europe continue …
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Energy | PetroleumNews
Oil prices are fluctuated by storm-induced production cuts and rising COVID-19 cases
by BUNKERISTby BUNKERISTCrude oil prices fluctuated on Tuesday while traders watched rising coronavirus cases in Asia and Europe and the production cuts that caused …
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Energy | PetroleumNews
Oil prices drops on demand concerns and increased supply
by BUNKERISTby BUNKERISTOil prices slumped on Friday amid worries that demand would recover slower than expected from COVID-19 pandemic lockdowns, while rising supply also …
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Energy | PetroleumNews
Oil prices supported by decline in U.S. crude oil stocks
by BUNKERISTby BUNKERISTUS crude inventories fell more than analysts had expected, according to an industry report. Oil prices soared on Wednesday, with hopes stronger …
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Energy | PetroleumNews
Oil soars on US stimulus prospect and Chinese factory data
by BUNKERISTby BUNKERISTOil soared on Monday, backed by data showing that Chinese factories are returning to pre-epidemic levels, signs of rising energy demand, and …