Oil prices have dropped on Thursday, and the increase in coronavirus infections worldwide raises concerns that it may jeopardize recovery in demand. …
Energy | Petroleum
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Energy | PetroleumNews
Oil prices rise further despite demand concerns over increasing COVID-19
by BUNKERISTby BUNKERISTFurther to the surprising declines in US crude oil stocks, oil prices rose on Wednesday, after some states were sufficient to offset …
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Due to the coronavirus pandemic effects, the oil shortage of demand, falling prices, poor returns and reduced production shale producers are expected …
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Oil prices rose on Monday with hoping the stimulus efforts will help to boost the US economy, but gains remain limited to …
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As oil prices drop on Monday, rising coronavirus cases, and tensions between the US and China are driving investors away from oil. …
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Energy | PetroleumNews
While oil is supported by strong economic data, it is under pressure by the US-China tension
by BUNKERISTby BUNKERISTOil prices showed a limited increase on Friday due to strong US economic data and tensions between the US and China. Brent …
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Energy | PetroleumNews
Oil declines due to limited demand, corona cases and tension between the countries
by BUNKERISTby BUNKERISTThe US dollar weakened, oil fell on Friday. Demand concerns stemming from increased coronavirus cases and escalating US-China tensions continue to put …
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Energy | PetroleumNews
Increase in stocks and the tension between countries reduce oil price
by BUNKERISTby BUNKERISTOil prices dropped on Wednesday due to the surge in US raw stocks and tensions between the US and China, according to …
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Oil prices dropped on Wednesday, as industry data showed a larger than expected stock increase in the United States. Official statements saying …
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Energy | PetroleumNews
Efforts to bring balance and financial satisfaction to the oil market put refiners in trouble
by BUNKERISTby BUNKERISTFuel traders and refineries, crude oil producers at OPEC + are trying to raise oil prices to higher levels. However, the global …