Oil prices rose on Monday, extending gains for a second session as U.S. efforts to replenish strategic reserves provided some support, but …
BUNKERIST
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Energy | PetroleumNews
Oil rose more than 2 percent on Friday after US data supported demand expectations
by BUNKERISTby BUNKERISTOil prices rose more than 2 percent on Friday after U.S. data supported expectations for demand growth, but both benchmarks fell for …
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Energy | PetroleumNews
Oil heads for 7th weekly loss as globally excess supply and weak demand in China negatively affect the market
by BUNKERISTby BUNKERISTOil benchmarks headed for a seventh consecutive weekly decline on concerns about a global oversupply and weak Chinese demand. However, prices recovered …
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Energy | PetroleumNews
Demand and economic slowdown concerns remain as oil struggles to rebound from six-month lows
by BUNKERISTby BUNKERISTOil prices recovered slightly on Thursday after falling to a six-month low in the previous session. Investors remain concerned about stagnant demand …
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Energy | PetroleumNews
Oil prices mixed in Asian trade amid OPEC+ cuts and Chinese demand concerns
by BUNKERISTby BUNKERISTOil prices were mixed in Asian trading on Wednesday, following four straight sessions of losses. The impact of OPEC+ cuts on supply …
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Energy | PetroleumNews
Oil prices are little changed due to OPEC+ production uncertainty, ongoing tensions in the Middle East, and weak US data
by BUNKERISTby BUNKERISTOil prices are little changed on Tuesday due to uncertainty around OPEC+ voluntary production cuts, ongoing tensions in the Middle East, and …
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Energy | PetroleumNews
Oil declines due to OPEC+ supply cuts and uncertainty about global fuel demand growth
by BUNKERISTby BUNKERISTOil futures reversed course after briefly rising on Monday due to ongoing uncertainty around OPEC+ supply cuts and uncertainty about global fuel …
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Energy | PetroleumNews
OPEC+ agrees to cut 2.2 million barrels per day for the first quarter
by BUNKERISTby BUNKERISTOil prices fell more than 2 percent on Friday as investors doubted the depth of OPEC+ supply cuts and concerns about sluggish …
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Energy | PetroleumNews
Oil prices extend losses as OPEC+ voluntary production cuts fall short of expectations
by BUNKERISTby BUNKERISTOil, which extended its losses on Friday, looks set to decline for a sixth consecutive week as voluntary oil production cuts agreed …
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Energy | PetroleumNews
Oil is calm ahead of expected production cuts as the market watches the OPEC+ meeting
by BUNKERISTby BUNKERISTOil prices were little changed on Thursday as weaker-than-expected Chinese factory data highlighted slowing growth in the world’s second-largest economy, as investors …