Oil prices rose Wednesday after industry data showed US crude and product inventories fell more than expected last week, bolstering expectations that …
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Energy | PetroleumNews
Oil rises as vaccines quell virus concerns and supply tightens
by BUNKERISTby BUNKERISTOil prices rose on Tuesday as supply tightened and demand as rising vaccination rates suppressed rising COVID-19 cases worldwide. Brent crude futures, …
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Energy | PetroleumNews
Oil prices fell nearly $1 on Monday amid concerns over the spread of COVID-19 strains
by BUNKERISTby BUNKERISTOil prices fell by about $1 on Monday as concerns over the spread of COVID-19 strains combined with fuel demand from floods …
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Brent crude closed the session at $74.10 a barrel, up 31 cents, or 0.4%, after jumping 2.2% on Thursday. US West Texas …
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Energy | PetroleumNews
Oil rises $1.50 per barrel as demand recovery tightens supply
by BUNKERISTby BUNKERISTOil prices widened the gains from the previous three sessions and rose nearly $1.50 a barrel on Thursday, on expectations that demand …
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Oil prices, which fell earlier this week after OPEC+ agreed to increase supply, fell again as an unexpected rise in US crude …
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Energy | PetroleumNews
Oil pulls back amid surprise rise in US inventories and weakening demand outlook
by BUNKERISTby BUNKERISTOil prices fell on Wednesday after an unexpected increase in US oil inventories last week. In parallel, fuel demand reduced, amid growing …