Although nearly a quarter of US Gulf of Mexico production went offline after two hurricanes, oil prices fell on Monday. Oil extending …
Category:
Energy | Petroleum
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Oil prices fell on Friday as US energy companies in the Gulf of Mexico resumed production after successive hurricanes in the region …
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US Gulf Coast energy companies continue to rally as Nicholas receded. Oil prices calmed on Thursday after hitting several-week highs the day …
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Energy | PetroleumNews
Oil prices boost gains after drop in US inventories
by BUNKERISTby BUNKERISTU.S. crude oil and fuel stocks fell in the wake of Hurricane Ida. Oil prices climbed Thursday after a larger-than-expected drop in …
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Energy | PetroleumNews
Oil prices rise after drop in inventories and positive demand outlook
by BUNKERISTby BUNKERISTOil prices rose Wednesday after industry data showed a larger-than-expected drop in crude inventories in the United States, the world’s largest oil …
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Energy | PetroleumNews
Oil reaches 6-week high on fears over storm Nicholas in US
by BUNKERISTby BUNKERISTMore than 40% of the US Gulf’s oil and gas production is still off after Ida. US industry is preparing for another …
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Oil prices rose in the second session on Monday amid concerns about the production shutdown in the US, the world’s largest producer, …
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Energy | PetroleumNews
Oil rises to $73 due to leaders’ phone call and limited supply in the US
by BUNKERISTby BUNKERISTOil briefly rose over $73 a barrel on Friday, supported by signs of increased supply shortages in the US as a result …
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Brent crude rose $1.23, or 1.7%, to $72.68 at 1047 GMT. West Texas Intermediate (WTI) crude was up $1.08, or 1.6%, to …
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Energy | PetroleumNews
Petroleum dropped late on Thursday due to Chinese supply plan and US Bond Auction
by BUNKERISTby BUNKERISTPetroleum prices decreased to the lowest level of two weeks on Thursday Thursday with China’s state oil reserves releasing strategy. The U.S. …
