Oil prices fell on Friday, making their weekly finish flat to lower as strong Russian oil supply offset better-than-expected US economic growth…
Category:
News
-
-
Energy | PetroleumNews
Oil prices rise on stronger-than-expected US economic growth and China’s recovery hope
by BUNKERISTby BUNKERISTOil prices edged ahead for a second session on Friday, supported by stronger-than-expected US economic growth and hopes for a quick recovery…
-
Energy | PetroleumNews
Oil stays flat as the market waits for more clarity on the supply
by BUNKERISTby BUNKERISTOil prices are flat on Thursday after US crude inventories increased less than expected, with investors looking for more clarity on supply…
-
Energy | PetroleumNews
Oil rises on hopes of recovery in Chinese demand and OPEC+ production policy determination
by BUNKERISTby BUNKERISTCrude oil rose Wednesday as optimism about the recovery of demand in China and a likely unchanged output cut decision by major…
-
Energy | PetroleumNews
Oil mixed with concerns about a slowdown in the US economy as demand recovers in China
by BUNKERISTby BUNKERISTCrude oil prices rose slightly in Asian trade on Tuesday amid hopes of recovery in fuel demand from the largest importer China,…
-
Energy | PetroleumNews
Oil plunges in early trade on Monday due to the Lunar New Year holiday
by BUNKERISTby BUNKERISTOil prices slumped in early trade on Monday due to the Lunar New Year holiday in East Asia, but retained most of…
-
Energy | PetroleumNews
Oil rose more than 1% in 2023, posting its second weekly gain, in China’s rising demand outlook
by BUNKERISTby BUNKERISTOil rose about $1 a barrel on Friday. China’s economic prospects brightened, boosting expectations for fuel demand in the world’s second-largest economy,…
-
Energy | PetroleumNews
Oil prices soar in its second week spurred by China’s bright economic prospects
by BUNKERISTby BUNKERISTOil prices are heading for their second straight weekly gains on Friday, largely spurred by positive economic prospects that should boost China’s…
-
Energy | PetroleumNews
Oil slumps as US demand outlook blur and crude inventories rise
by BUNKERISTby BUNKERISTOil futures fell as low as $1 on Thursday amid recession fears as sharp declines in US retail sales and manufacturing output…
-
Energy | PetroleumNews
Oil prices amplify gains on optimism about fuel demand as restrictions in China are lifted
by BUNKERISTby BUNKERISTOil prices rose on Wednesday, extending the gains of the previous session on optimism that lifting China’s tight COVID-19 restrictions will lead…
