Crude oil prices fluctuated on Tuesday while traders watched rising coronavirus cases in Asia and Europe and the production cuts that caused …
Category:
Energy | Petroleum
-
-
Energy | PetroleumNews
Oil prices remain stable as Gulf of Mexico grapples with storms
by BUNKERISTby BUNKERISTCrude oil prices remained stable on Monday after the storms in the Gulf of Mexico, halting more than half of oil production …
-
As the major crude oil producers try to limit supply, the easing of coronavirus lockdowns is helping a slow recovery in fuel …
-
Oil prices are on their way to a third consecutive week of increase on Friday. Oil has soared amid concerns about major …
-
Energy | PetroleumNews
Compliance in oil supply cuts balances demand concerns
by BUNKERISTby BUNKERISTOil prices remained stable on Tuesday as the OPEC + producer group’s high compliance with supply cuts offset fears of demand caused …
-
Oil prices dropped on Tuesday, but overnight gains were preserved as OPEC + said it almost fully complied with output cuts it …
-
Energy | PetroleumNews
China’s plans to increase U.S. oil imports ease tensions
by BUNKERISTby BUNKERISTThe news that China plans to ship large volumes of US crude oil in August and September settling the rising tension between …
-
Energy | PetroleumNews
Oil prices drops on demand concerns and increased supply
by BUNKERISTby BUNKERISTOil prices slumped on Friday amid worries that demand would recover slower than expected from COVID-19 pandemic lockdowns, while rising supply also …
-
Energy | PetroleumNews
Oil fell below $ 45 amid rising supply and doubts about demand
by BUNKERISTby BUNKERISTDoubts about a recovery in demand due to the coronavirus pandemic, and increased supply are putting pressure. Oil fell below $ 45 …
-
Energy | PetroleumNews
Oil drops, with the expectation that demand will drop
by BUNKERISTby BUNKERISTCrude oil prices fell on Thursday after OPEC announced that it expects fuel demand to decline more than anticipated, but the U.S. …
