While successive tropical storms in the Gulf of Mexico caused limited losses, rising coronavirus cases and Libya’s return to potential production raised …
BUNKERIST
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Energy | PetroleumNews
Oil rises after the warning about compliance with quotas
by BUNKERISTby BUNKERISTOil prices rose for the fourth day in a row on Friday, after Saudi Arabia pressured their allies to stick to production …
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Energy | PetroleumNews
Oil up more than 4% as U.S. oil stocks fall supported by the hurricane
by BUNKERISTby BUNKERISTOil prices soared more than 4% on Wednesday after Hurricane Sally halted some of US offshore production and a general decline in …
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Oil prices rose more than 2% on Tuesday as the hurricane in the United States supported supply cuts. However, predicting a slower-than-expected …
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Global fuel demand under pressure due to the coronavirus outbreak is performing a cumbersome recovery. Oil prices plummeted on Tuesday, amid this …
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Libya signaled that it will continue production and supply will increase after ending the blockade that lasted for months. Oil fell on …
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Energy | PetroleumNews
Stocks increased, demand weakened and oil closed second week with decline
by BUNKERISTby BUNKERISTOil prices changed little on Friday. Oil posted its second-week losses as stocks across the globe increased and fuel demand struggled to …
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Energy | PetroleumNews
High oil stocks and weak US stock market lower oil prices
by BUNKERISTby BUNKERISTOil prices fell further on Friday. Oil is on its way to a second-week downturn, after the US stock markets turned upside …
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Oil prices fell on Thursday after data showed that US crude inventories rose unexpectedly. As coronavirus cases continue to increase in many …