Oil prices started the week lower in Asian trade on Monday, after Israel said it had “concluded” a series of attacks in …
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Energy | PetroleumNews
Oil prices fall 1 percent after surprise increase in US oil and fuel stocks
by BUNKERISTby BUNKERISTOil prices fell by almost a dollar a barrel on Wednesday after a surprise rise in crude oil inventories in the largest …
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Energy | PetroleumNews
Oil headed for weekly gains as tensions continue in the Middle East
by BUNKERISTby BUNKERISTOil prices were little changed on Friday and continued to maintain their weekly gains, amid ongoing tensions in the Middle East after …
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Energy | PetroleumNews
Oil extended gains on Thursday after Israel rejected ceasefire offer
by BUNKERISTby BUNKERISTOil continued its gains on Thursday after Israel rejected Hamas’ ceasefire offer, while a weaker dollar supported prices. Brent crude futures were …
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Energy | PetroleumNews
Oil rises as lower US production growth forecast eases oversupply concerns
by BUNKERISTby BUNKERISTOil prices rose on Wednesday as growth in U.S. oil production is expected to remain largely flat through 2025, easing oversupply concerns. …
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Energy | PetroleumNews
Oil remains steady after gains, markets focused on ceasefire talks in Gaza
by BUNKERISTby BUNKERISTOil prices rose slightly on Tuesday as investors awaited whether U.S. diplomat Blinken’s trip to the Middle East would halt the Gaza …
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Energy | PetroleumNews
Oil rises as US plans to step up attacks on Middle East and Russian refinery hit
by BUNKERISTby BUNKERISTOil prices rose on Monday, rebounding from sharp declines last week after Washington pledged to launch further strikes on Iran-backed groups in …
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Energy | PetroleumNews
Oil posts weekly losses as US employment data reduces chances of interest rate cuts in the near term
by BUNKERISTby BUNKERISTOil prices fell nearly 2% on Friday, posting weekly losses after U.S. employment data diminished the prospect of an imminent interest rate …
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Energy | PetroleumNews
Oil rose in early trading on Friday after OPEC+ decided to keep its production-cut policy
by BUNKERISTby BUNKERISTOil prices rose in early trading on Friday following OPEC+’s decision to keep its production cut policy, but benchmarks headed towards weekly …
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Energy | PetroleumNews
Oil rose on interest rate cut and Chinese incentive expectations
by BUNKERISTby BUNKERISTOil prices rose slightly on Thursday, boosted by signals that the US Federal Reserve might start cutting interest rates and China announcing …