Oil tumbled on Tuesday, eclipsing previous gains as concerns over the viability of the US debt ceiling pact deal dampened risk appetite…
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Energy | PetroleumNews
Oil Rises after US leaders reach a temporary debt ceiling deal
by BUNKERISTby BUNKERISTOil prices rose on Monday after U.S. leaders agreed to a temporary debt ceiling that would prevent the world’s largest economy and…
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Energy | PetroleumNews
Oil prices soar as US officials seem close to making a debt-ceiling deal
by BUNKERISTby BUNKERISTOil prices rose on Friday as US officials looked close to reaching a debt ceiling agreement and the market evaluated conflicting messages…
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Energy | PetroleumNews
Oil remains calm as OPEC+ supply disruption uncertainty and demand concerns balance each other
by BUNKERISTby BUNKERISTThe market is generally stable on Friday as conflicting messages about supply from Russia and Saudi Arabia weighed on concerns about a…
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Energy | PetroleumNews
Oil remains stable as US debt uncertainty and potential OPEC+ cuts preoccupy
by BUNKERISTby BUNKERISTOil prices were little changed on Thursday as uncertainty over the US debt default was offset by OPEC+ expectations for further production…
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Energy | PetroleumNews
Concerns over shrinking supply continue, oil rises as much as $1
by BUNKERISTby BUNKERISTOil prices trimmed gains on Wednesday, but remain strong after US inventories and fuel supplies tightened, and the Saudi energy minister’s warning…
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Energy | PetroleumNews
The oil boosts gains with seasonal gasoline demand and shrinking supply
by BUNKERISTby BUNKERISTOil prices continued to rise Tuesday in tighter market conditions amid a seasonal increase in investor demand for gasoline and supply cuts…
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Energy | PetroleumNews
Concerns about the debt ceiling talks offset supply concerns
by BUNKERISTby BUNKERISTOil prices fell on Monday as cautiousness over US debt ceiling talks and concerns about demand recovery in China were offset by…
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Energy | PetroleumNews
Oil slumps as debt ceiling talks are paused and no decision yet on US interest rates
by BUNKERISTby BUNKERISTOil prices fell on Friday as investors worried US politicians would fail to agree on a new debt ceiling and trigger a…
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Energy | PetroleumNews
Oil rises as the US moves to optimism about a reduced risk of default
by BUNKERISTby BUNKERISTOil prices rebounded on Friday after losing more than 1% the previous day as investors shifted to cautious optimism that the risk…
