Oil prices rose nearly 6% on Friday on the possibility that conflicts in the Middle East could escalate further as Israel launches …
BUNKERIST
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Energy | PetroleumNews
Oil rises as US tightens sanctions on Russia, raising supply concerns based on stockpiles
by BUNKERISTby BUNKERISTOil prices rose on Friday after the United States tightened its sanctions program on Russian crude exports, raising supply concerns in an …
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Energy | PetroleumNews
Oil fell for a third day on Thursday as U.S. inventory builds and dwindling supply concerns
by BUNKERISTby BUNKERISTOil prices fell for the third day on Thursday, driven by a larger-than-expected increase in crude and gasoline stocks in the United …
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Energy | PetroleumNews
Oil rises slightly on the devastating Middle East turmoil and supply disruption concerns
by BUNKERISTby BUNKERISTOil rose slightly on Wednesday as investors grappled with the possibility of supply disruptions due to turmoil in the Middle East. Brent …
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Energy | PetroleumNews
Oil falls as investors remain cautious while the market fixates on Middle East turmoil
by BUNKERISTby BUNKERISTOil prices fell on Tuesday after rising more than 4 percent in the previous session; Traders were cautious as they considered potential …
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Energy | PetroleumNews
Oil prices rise as political uncertainty in the Middle East deepens
by BUNKERISTby BUNKERISTOil prices rose more than $3 a barrel in Asian trading on Monday as military clashes between Israel and the Palestinian Islamist …
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Energy | PetroleumNews
Oil prices rose on Friday but recorded their steepest weekly decline since March
by BUNKERISTby BUNKERISTOil prices rose on Friday but posted their steepest weekly loss since March after another partial lifting of Russia’s fuel export ban …
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Energy | PetroleumNews
Oil is on the way for the steepest weekly decline since March
by BUNKERISTby BUNKERISTAlthough oil prices rose on Friday, they are on track for their steepest weekly decline since March on concerns that higher interest …
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Energy | PetroleumNews
The OPEC+ ministerial panel made no changes to the group’s oil production policy
by BUNKERISTby BUNKERISTOil prices rose slightly on Thursday, clawing back some of the previous session’s big losses after the OPEC+ panel maintained production cuts …
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Energy | PetroleumNews
Oil falls on concerns higher interest rates could dampen fuel demand despite supply crunch
by BUNKERISTby BUNKERISTOil fell ahead of a panel meeting of OPEC+ ministers on Wednesday on concerns that higher interest rates could dampen fuel demand …