Oil prices accelerated in Asian trading on Monday, extending gains of nearly 4% weekly on a view that supplies are tightening as …
BUNKERIST
-
-
Energy | PetroleumNews
Oil prices fell a day after hitting $85 a barrel for the first time since November
by BUNKERISTby BUNKERISTOil prices fell on Friday, a day after hitting $85 a barrel on Thursday for the first time since November. However, prices …
-
Energy | PetroleumNews
Prices are on track for a weekly increase of around 4%, driven by the IEA’s rising demand forecast, and the decline in US inventories
by BUNKERISTby BUNKERISTOil prices fell on Friday but remained on track to rise about 4% throughout the week, as the International Energy Agency (IEA) …
-
Energy | PetroleumNews
Oil prices supported as falling US inventories and attacks on Russian refineries raise supply concerns
by BUNKERISTby BUNKERISTOil prices continue to rise amid supply concerns following Ukraine’s attacks on Russian refineries. Prices rose slightly in Asia on Thursday, supported …
-
Energy | PetroleumNews
Oil rises on strong global demand and expectations the Fed may start cutting interest rates
by BUNKERISTby BUNKERISTOil prices rose on Wednesday on expectations of strong global demand, including from the United States, the world’s largest consumer. Even sticky …
-
Energy | PetroleumNews
Oil rose on concerns that tensions in the Middle East would cause a contraction in the market
by BUNKERISTby BUNKERISTOil prices rose in Tuesday’s trading as geopolitical tensions in the Middle East continued to fuel concerns, but gains were limited as …
-
Energy | PetroleumNews
Oil prices fall on concerns that demand in China will slow
by BUNKERISTby BUNKERISTOil prices extended last week’s losses on Monday on concerns that demand in China will slow, but geopolitical risks surrounding the Middle …
-
Energy | PetroleumNews
Oil falls for a weekly loss as markets remain wary of weak Chinese demand
by BUNKERISTby BUNKERISTOil prices fell further throughout the week, closing 1% lower on Friday, as markets remained wary of weak Chinese demand despite producer …
-
Energy | PetroleumNews
Oil prices rise as major consumers’ demand increases
by BUNKERISTby BUNKERISTOil prices are rising on Friday due to rising demand from the world’s biggest consumers, the United States and China, and the …
-
Energy | PetroleumNews
Oil holds overnight gains on upbeat China trade data, smaller-than-expected rise in US crude inventories
by BUNKERISTby BUNKERISTOil prices were flat on Thursday, holding on to overnight gains after positive trade data in China and U.S. data showed a …