Oil prices climbed to their highest level since October 2018 on Friday, raising both benchmarks for the fifth week in a row …
BUNKERIST
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Oil climbed for the third consecutive session on Friday and OPEC+ producers are cautious about returning production to the market from August. …
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Energy | PetroleumNews
Strong demand outlook and US crude inventories support oil
by BUNKERISTby BUNKERISTOil prices rose for a second day on Thursday amid a larger-than-expected drop in US crude and gasoline stockpiles confirming the outlook …
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Oil prices rose Wednesday after industry data showed US crude inventories fell more than expected. As land and air transportation improved in …
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Energy | PetroleumNews
Oil rises on optimism of rapid recovery in global demand
by BUNKERISTby BUNKERISTCrude oil prices rose on Tuesday as Brent hit $75 a barrel for the first time since April 2019. Brent crude futures …
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Oil prices rose on Monday, supported by strong demand during the summer driving season. The Iran nuclear deal talks stalled, which marked …
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Energy | PetroleumNews
Oil rises on expectation of slowdown in US output growth
by BUNKERISTby BUNKERISTOil futures rallied on Friday, reversing early losses, after OPEC sources said it expects limited growth in US oil production this year …
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Energy | PetroleumNews
Strong dollar drives price down, demand image still bullish
by BUNKERISTby BUNKERISTOil prices, which are on their way to end the week slightly behind most-year highs, fell for the second time on Friday …
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Energy | PetroleumNews
Oil, that hits multi-year highs, slumps as the US dollar strengthens
by BUNKERISTby BUNKERISTRegarding EIA crude oil inventories fell 7.4 million barrels in the previous week, refining performance rose to 92.6%, the highest level since …
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Oil prices rose on Wednesday and Brent rose for the fifth consecutive session as falling stocks and a recovery in demand encouraged …