Oil prices fell on Monday amid renewed concerns about global fuel demand as the virus cases retsarted in China the world’s second …
Energy | Petroleum
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Oil prices reached their highest level in nearly a year on Friday, backed by Saudi Arabia’s promise to cut production and strong …
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Energy | PetroleumNews
Oil hits 11-month high with production cut promise and high inventory data
by BUNKERISTby BUNKERISTOil prices hit an 11-month high on Friday. Oil is on its way to a strong weekly gain, with Saudi Arabia’s promise …
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Energy | PetroleumNews
Oil rises with Saudi production cut and decrease of US oil stocks
by BUNKERISTby BUNKERISTOil prices rose to their highest levels since February, following Saudi Arabia’s massive voluntary production cut and a sharp drop in U.S. …
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After Saudi Arabia voluntarily agreed to cut production more than expected at the meeting with allied producers, oil prices rose to their …
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Energy | PetroleumNews
OPEC + continues to negotiate February oil production levels
by BUNKERISTby BUNKERISTOil producers continue the debate on policy Tuesday afternoon, after talks on February supply levels paused. Russia is leading calls for higher …
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Energy | PetroleumNews
Oil prices changed little with February production levels talks
by BUNKERISTby BUNKERISTOil prices changed little on Tuesday, prior to the unfinalized talks from major producers on potential changes in February production to continue …
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Energy | PetroleumNews
Oil prices saw their highest levels in recent months
by BUNKERISTby BUNKERISTAs concerns remain blocking demand in the first half of the year, Oil prices touched the highest levels in recent months with …
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Oil prices are unlikely to see a significant improvement in 2021, as novel coronavirus variants and the travel restrictions it causes threaten …
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Energy | PetroleumNews
Oil rises on backing of U.S. decreasing crude stocks
by BUNKERISTby BUNKERISTAfter a decline in U.S. crude oil inventories and the UK’s approved a second coronavirus vaccine, Oil prices soared on Wednesday. Brent …