Oil surged around 2% on Wednesday after industry data showed crude inventories dropped sharply. However, trade fluctuated as the outcome of the…
Oil prices rose by about 3% on Monday the day before the US presidential election vote, after several days of losses based…
Oil prices fell 4% on Monday due to US presidential election and the expansion of coronavirus measures concerns in Europe that would…
Increasing COVID-19 cases raised concerns about the fuel consumption outlook, as oil fell on Friday, with a second consecutive monthly drop. Brent…
Rising coronavirus cases and statistics are keeping demand concerns fresh. Oil prices are likely to stay in the $ 40-45 range a…
- Energy | PetroleumNews
Oil is down by over 5% due to increase in Pandemic, U.S. crude oil stocks and production
Leading expectations that demand will decline such as rising coronavirus infections in the United States and Europe, re-lockdowns, and the unstable economy…
Oil fell nearly 2% on Friday, driven by an increase in Libya’s crude oil supply. It also closed the week low due…
Oil prices fell on Friday amid concerns over a decline in demand in the two most fuel-consuming regions of the world, driven…
Oil prices strengthened on Wednesday as OPEC and its allies complied with the agreement to cut oil supplies in September, as there…
Oil prices fell on Wednesday amid concerns that increased coronavirus cases in Europe and the United States, the world’s largest oil consumer,…
