Oil prices extended gains on Friday, but continued their biggest weekly drop since March as travel restrictions to curb the spread of…
Energy | Petroleum
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Oil prices rose on Thursday, supported by tensions in the Middle East. However USA, was unable to regain most of the previous…
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Energy | PetroleumNews
Oil drops as highly contagious COVID-19 variant curbs demand
by BUNKERISTby BUNKERISTWhile US oil prices fell for a third day on Wednesday, Brent futures were largely unchanged amid growing concerns that the increased…
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Crude oil prices reversed course on Tuesday as concerns over coronavirus restrictions combined with slowing factory activity in key markets. Brent crude…
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Energy | PetroleumNews
Oil prices fell on concerns over the Chinese economy and rising crude oil production
by BUNKERISTby BUNKERISTOil prices slumped on Monday with concerns over a rise in oil production of OPEC+ producers and economic data showed growth in…
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Oil prices rose on Friday, with both gauges gaining more than 2% weekly. Brent, rose for the fourth month in a row,…
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Oil slumped on Friday on its way to weekly gains Oil prices fell on Friday. Oil is on track to post weekly…
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On Thursday, Brent crude oil prices exceeded $75 a barrel as crude inventories in the United States, the world’s largest oil consumer,…
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Energy | PetroleumNews
Oil prices soar as US stockpiles fall despite rising COVID-19 cases
by BUNKERISTby BUNKERISTOil prices rose Wednesday after industry data showed US crude and product inventories fell more than expected last week, bolstering expectations that…
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Energy | PetroleumNews
Oil rises as vaccines quell virus concerns and supply tightens
by BUNKERISTby BUNKERISTOil prices rose on Tuesday as supply tightened and demand as rising vaccination rates suppressed rising COVID-19 cases worldwide. Brent crude futures,…